An investment firm focused on supporting innovative startups across Africa, including in the fintech and mobility sectors.
Moroccan Agritech Startup YoLa Fresh Shuts Down After Failing to Secure Funding
YoLa Fresh has ceased operations after failing to secure additional investment. The startup aimed to modernize Morocco's fresh produce supply chain by connecting smallholder farmers directly with retailers.
Checker Raises $8M to Build Stablecoin Liquidity Infrastructure for African Banks and Neobanks
Checker raised $8 million to accelerate stablecoin financial services in Africa. The funding round was led by Al Mada Ventures, with participation from Galaxy Ventures and Framework Ventures.
Stablecoin payments infrastructure startup Checker raises $8 million for Africa, Asia expansion
Checker raised $8 million in seed funding to expand its stablecoin payment infrastructure. The funding round was led by Galaxy Ventures and Al Mada Ventures, with participation from multiple financial institutions.
Moroccan Retail Fintech WafR Raises $4M Seed Round
WafR raised $4 million in an oversubscribed seed round. The funding round was co-led by LoftyInc Capital, Attijariwafa Ventures, and Al Mada Ventures.
Gozem’s $30 million bet is driving mobility and fintech inclusion across Francophone Africa
Rwanda ranks second in Africa for ease of doing business, driven by reforms like 6-hour company registration and free trading licenses. The Kigali Innovation City project is a $2 billion tech cluster aimed at becoming a pan-African innovation hub.
