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Electric motorbike maker Spiro has raised $100 million, with Afreximbank's FEDA putting in $75 million to expand battery swapping and manufacturing.
Propel Africa · 2025-10-21
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South African second-hand fashion marketplace Yaga has raised €4 million in a pre-Series A round backed by Specialist VC, H&M Group Ventures and others.
Propel Africa · 2025-10-21
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South African graph-based AI company Locstat has raised a €2.5 million pre-Series A led by Portugal Gateway Fund to grow in Europe.
Propel Africa · 2025-10-21
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Egyptian health insurance automation startup Sehatech has closed a $1.1 million seed round led by Ingressive Capital, with Plus VC participating.
Propel Africa · 2025-10-20
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Ivorian business payments fintech Julaya has secured 800 million CFA francs, about $1.4 million, in convertible bonds from CDC-CI Capital.
Propel Africa · 2025-10-20
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Early-stage investor Madica has put $200,000 each into Tunisian CCTV startup Anavid and Moroccan influencer marketing platform Hypeo AI.
Propel Africa · 2025-10-20
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Ivorian healthtech Ades has raised 350 million CFA francs, about $620,000, in equity from CDC-CI Capital to upgrade its UMED digital care platform.
Propel Africa · 2025-10-16
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Moroccan retail platform Chari has raised a $12 million Series A co-led by SPE Capital and Orange Ventures to build banking-as-a-service for local shops.
Propel Africa · 2025-10-15
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Nigerian solar subscription startup Rana Energy has raised $3 million, made up of $500,000 in equity and a $2.5 million local-currency green debt facility.
Propel Africa · 2025-10-15
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Cairo-based Nanovate has raised a $1 million pre-seed round led by angel investors to build Arabic voice and chat agents and expand into Saudi Arabia and the UAE.
Propel Africa · 2025-10-15
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Kenyan earned-wage access startup Jahazii has raised $400,000 in pre-seed funding from Antler, DEG Impulse, Jozi Angels, Innovest Afrika and angels.
Propel Africa · 2025-10-14
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Central African payments startup REasy has raised a $1.8 million pre-seed round backed by Launch Africa, 54 Collective, Ingressive Capital and others.
Propel Africa · 2025-10-09