12 Africa-focused investment firms to know in 2025, according to a VC, Tobi Hanington
Bendada.com - Jun 05, 2025
The decline in funding for African startups is attributed to the end of the zero interest rate policy and the rise of lean AI startups. Toby Hanington shared a list of 12 key investors that African founders should know.
Enza Raises $6.75M Seed Funding to Boost Embedded Payment Solutions Across Africa
Tech In Africa - Mar 24, 2025
Enza raised $6.75 million in seed equity funding. The funding round was co-led by Algebra Ventures and Quona Capital.
Enza Raises $6 Million To Build Payment Infrastructure for Banks Across Africa
Tech Labari - Mar 24, 2025
Enza raised $6 million in seed funding to build payment infrastructure for banks and fintechs across Africa. The fintech aims to bridge the gap between traditional banks and agile startups by providing essential tools.
Egyptโ€™s Khazna banks $16M for its financial super app and expansion into Saudi
TechCrunch - Feb 04, 2025
Khazna raised $16 million in pre-Series B funding. User base grew from 150,000 to over 500,000 in less than a year.
Kenyaโ€™s Sukhiba Connect Secures $1.55M in Seed Extension to Drive Expansion Plans
Tech In Africa - Aug 27, 2024
Sukhiba Connect has raised a $1.55 million seed extension round led by EQ2 Ventures. The platform operates on WhatsApp and offers a comprehensive solution for sellers and buyers.