Image Credit: Proparco Venture Capital Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations. By Newsroom Team • a day ago
Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa.
Sep 8, 2026 Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations. Image Credit: Proparco
Sep 8, 2026 Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa. Image Credit: Africa Investor Review
Sep 3, 2026 Nigerian Church-Tech Startup Pewbeam Secures Investment from Resilience17 to Advance AI Live-Service Platform Pewbeam startup is scaling its real-time AI desktop application designed to automate slide projection, scripture display, and media workflows for physical sanctuaries. Image Credit: Pewbeam
Sep 2, 2026 South Africa-Focused Regtech Instarc Secures €1.25 Million to Accelerate Cloud-Native Compliance Platform Rollout The strategic investment round, led by HFO Investments, will scale the firm's modular regulatory infrastructure designed to streamline customer due diligence and FICA compliance. Image Credit: Instarc Technologies
Jan 14, 2025 LemFi Secures $53M Series B Growth Capital Led by Highland Europe to Accelerate Global Cross-Border Platform LemFi has closed a $53 million Series B funding round led by Highland Europe to scale its cross-border financial services infrastructure and accelerate international market expansion. Copyright: CURLYN, Creator: CURLYN / Lemfi
Oct 29, 2024 Moniepoint Joins Africa’s Unicorn Club with $110M Series C led by DPI and Google Nigerian fintech powerhouse Moniepoint has officially crossed the billion-dollar threshold, securing a $110 million Series C funding round led by Development Partners International (DPI) and Google's Africa Investment Fund. Credit / Moniepoint Co-Founder and CEO Tosin Eniolorunda
Mar 19, 2024 Moove Secures $100 Million in Series B Funding at a $750 Million Valuation to Scale Global Mobility Financing Mobility fintech Moove has raised $100 million in a Series B funding round led by new investment from Uber and participation from existing backer Mubadala, bringing its total valuation to $750 million. Image Credit: Moove
May 23, 2023 M-KOPA Raises Over $250 Million in Landmark Financing to Expand Digital Inclusion and E-Mobility M-KOPA has successfully closed over $250 million in new equity and debt financing, marking one of the largest capital raises in African fintech history. Image Credit: M-KOPA