News
Zazu, a digital financial operating system for African small businesses, has raised a $1 million pre-seed round and plans to open a seed round in early 2026.
Propel Africa · 2025-12-01
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Stellenbosch biotech Immobazyme has raised R25 million, about $1.45 million, led by the University Technology Fund, taking total funding to R50 million.
Propel Africa · 2025-12-01
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South African livestock trading platform SwiftVEE has raised about R173 million in a Series A with new backing from Havaic, Exeo Capital and former Old Mutual CEO Iain Williamson.
Propel Africa · 2025-11-28
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Kenyan school lender Jackfruit Network has secured a $5 million financing facility from TLG Capital, backed by an IDP Foundation guarantee, to scale lending to low-cost private schools.
Propel Africa · 2025-11-27
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Omnisient, a privacy-focused data platform for lenders founded in South Africa, has closed a $12.5 million Series A co-led by TransUnion to expand globally, including in the US.
Propel Africa · 2025-11-25
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Health data company Clarrio.ai, formerly Knowlepsy, has been added to Launch Africa Ventures' Fund II portfolio in an investment of undisclosed size.
Propel Africa · 2025-11-25
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Nairobi agritech Cinch Markets has taken investment from UM6P Ventures, the investment arm of Mohammed VI Polytechnic University, ahead of a planned Series A. Amount undisclosed.
Propel Africa · 2025-11-25
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Nairobi electric bus company BasiGo has secured an equity investment from Proparco, amount undisclosed, as it works towards its Road to 1000 electric bus target in Kenya and Rwanda.
Propel Africa · 2025-11-25
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Egyptian workforce management platform Bluworks has raised a $1 million seed round led by A15, Enza Capital and Beltone Venture Capital, with plans to expand across MENA.
Propel Africa · 2025-11-22
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Fintech platform Jumo has received a $7.5 million commitment from the BlueOrchard Microfinance Fund to support its asset-backed securitisation financing for lending in Uganda.
Propel Africa · 2025-11-19
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West African commercial solar provider SolarX has secured a 15 million euro senior secured facility from the AFRIGREEN Debt Impact Fund to refinance assets and build new power plants.
Propel Africa · 2025-11-18
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Ghanaian electric bicycle maker Wahu Mobility has received an undisclosed investment from Sahara Impact Ventures to scale production and finance more e-bikes.
Propel Africa · 2025-11-18