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Egyptian ride-hailing platform ARRW has secured $4 million from local backer Tasheed Egypt to grow its driver network, upgrade its infrastructure and refine its app.
Propel Africa · 2026-05-20
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Kenya-based EV-as-a-Service company Electric Transits Africa has secured a €600,000 loan through the Dutch Good Growth Fund to add vehicles and fast-charging sites.
Propel Africa · 2026-05-19
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Electric mobility company MAX has raised $8 million in debt from Triple Jump to expand its fleet, roll out battery swapping and develop its platform.
Propel Africa · 2026-05-13
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Guinea-founded remittance infrastructure startup Cauridor has taken $2 million from Proparco as part of an ongoing Series A, bringing its total funding to $13 million.
Propel Africa · 2026-05-11
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Apollo Agriculture has closed a KES 276 million securitisation, about $2.1 million, anchored by IDH FarmFit, in what is described as a first for Kenya's smallholder farming.
Propel Africa · 2026-05-07
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Cameroon's BleagLee won the $1 million Grand Prize and Tanzania's Freshpack Technologies took $250,000 as runner-up in the Milken-Motsepe Prize in AI and Manufacturing.
Propel Africa · 2026-05-06
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Cairo-based 3D concrete printing startup Layn has raised a $1 million pre-seed round led by Dar Ventures, with clients including SODIC, Orascom and Emaar.
Propel Africa · 2026-05-01
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Village Capital's Africa Ecosystem Catalysts Facility has put $150,000 into VDL Fulfilment and $200,000 into Rivia Clinics, both Ghanaian startups.
Propel Africa · 2026-05-01
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UNICEF Femtech Ventures, backed by Sweden and Temasek Foundation, has named its first cohort of six African startups, each getting up to $100,000 in equity-free capital.
Propel Africa · 2026-04-30
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Cape Town e-commerce logistics startup Shiprazor has raised a $2.65 million Seed led by Norrsken22 to widen its courier network and add AI address tools.
Propel Africa · 2026-04-30
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Togo-based super-app Gozem is in line for up to about $24.5 million in IFC debt financing to expand its driver vehicle financing across five markets.
Propel Africa · 2026-04-28
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Ethiopian electric motorbike maker Dodai has raised a $13 million Series A, $8 million equity and $5 million debt, to build out its battery swapping network.
Propel Africa · 2026-04-28