South Africa's Stitch gets $55m Series B funding
This follows their last round, a $25 million Series A Extension announced in October 2023, increasing their total funding to $107 million in under four years.
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African startup funding falls 28% to $2.4 billion in 2023
Riding the aftershock of the global capital crisis, startups in Africa experienced less access to funding than in 2022.
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Egyptian fintech Flash raises $6m seed funding
The fintech says the funding will accelerate the startup's product development, customer and business acquisition in Egypt.
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US VC firm launches investment program to back African start-ups
Flourish Ventures introduces Africa-focused pre-seed investment platform Madica.