News
Stabyl emerges from stealth with $2.7 million Pre-Seed led by Konga
Stabyl, a foreign exchange liquidity exchange for financial institutions, has come out of stealth with a $2.7 million Pre-Seed round led by Konga.
Propel Africa · 2026-06-26
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Anda secures equity investment from Proparco to grow mobility in Luanda
Angolan mobility and fintech company Anda has received an equity investment from Proparco to widen its driver network and electrify its fleet in Luanda.
Propel Africa · 2026-06-26
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Daya raises $2.4 million Pre-Seed led by Hivemind Capital for stablecoin payments
Daya, a startup building cross-border payment infrastructure for African businesses on stablecoin rails, has raised $2.4 million led by Hivemind Capital.
Propel Africa · 2026-06-24
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Spiro adds $55 million from NewTrails Capital, taking its round to $270 million
Kenya-based electric motorbike maker Spiro has secured an extra $55 million from NewTrails Capital, lifting its equity round from $215 million to $270 million.
Propel Africa · 2026-06-23
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Tunisian agritech Robocare secures six-figure investment from 216 Capital
Robocare, a Tunisian precision agriculture startup, has received an undisclosed six-figure investment from 216 Capital to expand across Africa and the Middle East.
Propel Africa · 2026-06-23
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ValU secures $12 million EBRD loan for green consumer finance in Egypt
Egyptian consumer finance firm ValU has agreed a loan of up to about $12 million with the EBRD to fund household purchases of energy-efficient and green products.
Propel Africa · 2026-06-21
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Creslow Energy Solutions backed by Abadali Fund to scale lithium batteries
South African lithium battery maker Creslow Energy Solutions has secured backing from the Abadali Fund, managed by Edge Growth Ventures, for an undisclosed sum.
Propel Africa · 2026-06-16
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Moroccan proptech Agenz raises $5 million oversubscribed Seed round
Agenz, a Moroccan real estate platform, has raised an oversubscribed $5 million Seed round from Breega, Attijariwafa Ventures and Saviu Ventures.
Propel Africa · 2026-06-11
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CreditChek raises $600,000 led by Janngo Capital to expand into East Africa
Nigerian credit data company CreditChek has raised $600,000 led by Janngo Capital and plans to launch in Kenya, Uganda and Rwanda.
Propel Africa · 2026-06-09
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Tibu Health gets Proparco financing through Digital Africa's Bridge Fund
Kenyan primary care provider Tibu Health has secured a financing facility from Proparco, channelled through the Bridge Fund by Digital Africa, to expand its clinics.
Propel Africa · 2026-06-09
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Blnk raises $37.1 million in Series A equity and local debt, led by Algebra Ventures
Egyptian consumer lender Blnk has secured $12.5 million in Series A equity and $24.6 million in local debt to widen its financial inclusion offer.
Propel Africa · 2026-06-08
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Cascador deploys over $5 million across seven Nigerian startups at Pitch Day
Cascador has put more than $5 million of growth capital into seven Nigerian startups at its second annual Pitch Day, mostly as debt.
Propel Africa · 2026-06-08