News
Kloset Klub, a South African platform for pre-loved fashion, has raised an undisclosed Seed round backed by Thinkroom, with Frank Smit co-investing.
Propel Africa · 2026-06-08
News
Yamify, a developer platform pitched as the Heroku for AI tools in Africa, has secured the first tranche of its Pre-Seed round from Launch Africa Ventures.
Propel Africa · 2026-06-05
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South African delivery startup Breaze Delivery has raised R20 million from the Vumela Enterprise Development Fund, managed by Edge Growth, to expand its platform.
Propel Africa · 2026-06-04
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AethexAI, a voice AI startup serving Africa and the Middle East, has raised a $3 million Pre-Seed round led by 4DX Ventures.
Propel Africa · 2026-06-03
News
Egyptian recycling traceability platform Dawar has secured pound-denominated debt facilities from GlobalCorp, Tawassou and Commercial International Bank.
Propel Africa · 2026-06-03
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South African energy technology company Zimi Charge has closed a R50 million round led by the Development Bank of Southern Africa to electrify fleets.
Propel Africa · 2026-06-02
News
Spiro, the African electric two-wheeler and battery-swapping company, has closed a $215 million equity round with Impact Fund Denmark and Equitane.
Propel Africa · 2026-06-01
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Nala, the money transfer app serving Africa, has secured up to $50 million in credit financing, starting at $25 million, through Liquidity and Mars Growth Capital.
Propel Africa · 2026-05-29
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South African e-health company Mia Healthcare has raised ZAR15 million, about $920,000, from Vumela Fund to expand access to affordable dental and orthodontic care.
Propel Africa · 2026-05-26
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Sanlam Alternative Investments has taken a 10% stake in Africa GreenCo for $10 million, becoming its first private institutional shareholder, to scale power trading.
Propel Africa · 2026-05-25
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Ivorian organic skin and haircare maker Laboratories Adeba has raised $200,000 from Barka Capital and CDC-CI Capital, sourcing ingredients from female farmers.
Propel Africa · 2026-05-25
News
Sabou Capital has lent Nigerian tomato paste maker Tomato Jos $2 million in an impact-linked naira facility to grow its smallholder network and processing capacity.
Propel Africa · 2026-05-22