News
Watu secures $7 million debt facility from AHL Venture Partners
Asset-financing company Watu has secured a $7 million debt facility from AHL Venture Partners to expand its lending across selected African markets.
Propel Africa · 2026-09-14
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News
Charikaty raises pre-seed round at a €3 million valuation
Casablanca legaltech Charikaty has raised a pre-seed round at a €3 million valuation, backed by Red Tape Ventures and angel investors, to expand into accounting and new markets.
Propel Africa · 2026-09-10
News
Drive45 secures $3 million senior debt facility from TLG Capital
Lagos-based vehicle access company Drive45 has secured $3 million in senior debt from TLG Capital to grow its fleet and expand to more Nigerian cities.
Propel Africa · 2026-09-09
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Kili Ventures backs B2B payments startup Jenzy
Kili Ventures has invested an undisclosed amount in Jenzy, which routes African business payments across banks, mobile money and regulated stablecoins.
Propel Africa · 2026-09-07
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Village Capital backs Trade Lenda and AirSmat in its first Nigerian deals
Village Capital has invested $450,000 across Nigerian fintech Trade Lenda and climate-tech company AirSmat, its first deals in the country from its Africa facility.
Propel Africa · 2026-09-04
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3C Coding School raises $3 million seed round to expand into Saudi Arabia
Egyptian edtech company 3C Coding School has raised a $3 million seed round led by MRG Economic Group to enter Saudi Arabia and build an AI-powered learning platform.
Propel Africa · 2026-09-02
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ChipMango raises $1.9 million seed round led by Atlantica Ventures
Chip design company ChipMango has raised a $1.9 million seed round led by Atlantica Ventures to grow its engineering teams across Africa, Europe and the US.
Propel Africa · 2026-09-01
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Odyssey Energy Solutions raises $74 million to finance distributed solar in emerging markets
Odyssey Energy Solutions has closed $74 million in equity and debt to grow the platform it uses to finance and supply distributed renewable energy projects across more than 50 countries.
Propel Africa · 2026-09-01
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Yellow raises undisclosed Series C led by Convergence Partners
Solar home system and device financier Yellow has closed a Series C led by Convergence Partners, with the amount undisclosed, to expand across its key markets.
Propel Africa · 2026-08-25
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Swvl raises $13 million in private placement led by Sawiris-backed Coefficient
Nasdaq-listed mass transit software company Swvl has raised $13 million in a private placement led by Sawiris-backed Coefficient LP to fund its US expansion.
Propel Africa · 2026-08-25
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Verascient raises $1.2 million pre-seed led by Founder Collective
Cape Town startup Verascient has raised $1.2 million in an oversubscribed pre-seed round led by Founder Collective to build an AI operating system for businesses.
Propel Africa · 2026-08-24
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Powered by People raises undisclosed funding led by Bestseller Foundation
Commerce technology company Powered by People has raised undisclosed funding led by Bestseller Foundation to help independent makers compete in AI driven commerce.
Propel Africa · 2026-08-20