AI-powered agritech Babban Gona raises $7.5 million in debt from British International Investment
TechCabal - Sep 02, 2025
Babban Gona raised $7.5 million from British International Investment to support smallholder farmers. The company uses AI to provide end-to-end services including credit, training, and market access.
Ampersand Secures $7 Million in Funding to Expand Electric Motorcycle Fleet in East Africa
Tech In Africa - Aug 15, 2025
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.
Wave raises $137 million to expand mobile money services across Africa
Bendada.com - Jun 30, 2025
Wave raised $137 million in a debt round led by Rand Merchant Bank to boost working capital. The funding will help expand Wave's mobile money operations across new and existing markets.
Wave raises $137 million in debt to expand mobile money services across Africa
TechCabal - Jun 30, 2025
Wave raised a $137 million debt round to enhance working capital and expand operations. The funding will help scale mobile money operations and broaden financial access.
Aruwa Capital Management Secures $35 Million to Boost Women-Led Businesses in West Africa
Tech In Africa - May 26, 2025
Aruwa Capital Management secured $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund aims to address the early-stage financing gap for women-led and gender-diverse enterprises in Nigeria and Ghana.