A venture capital firm that invests in early-stage startups across Africa, focusing on technology-driven businesses with high growth potential.
Andrew Milne, the fintech founder who helped bring credit to small businesses, dies at 54
Andrew Milne, co-founder of Kuunda, died on October 13 at age 54. He celebrated a secondary share sale for Kuunda just days before his passing.
Tanzania’s Kuunda raises $7.5 million to drive expansion into the Middle East and North Africa
Kuunda raised $7.5 million in pre-Series A funding to expand its operations. The funding round included participation from various venture capital firms and financial service providers.
Ampersand Secures $7 Million in Funding to Expand Electric Motorcycle Fleet in East Africa
Ampersand closed a $7 million funding round from British International Investment to scale operations. The funding will be used to grow Ampersand’s fleet of electric motorcycles and battery-swapping stations.
IFC joins P1 Ventures with latest $35M fund to boost investment in African startups
P1 Ventures closed $35 million in the second round of Fund II, showing commitment to African tech startups. Catalyst Fund provided a $1.8 million boost to African climatetech startups.
Kenyan agri-tech startup Shamba Pride raises $3.7m pre-Series A funding round
Shamba Pride has raised US$3.7 million in pre-Series A funding. The funding round was led by EDFI AgriFI and also featured Seedstars Africa Ventures.
