The funding is coming from MASSIF, FMO’s financial inclusion fund
The funding consists of $3 million in equity and $5 million in debt
August 12th - August 18th
Wattnow represents Lateral Frontiers VC's fourth hardware investment with a fifth one closing soon
Kredete is a Nigerian Fintech aiming to revolutionize access to credit through a digital lending marketplace
The funding marks the initial tranche of a potential $1.5 million seed round
Leading Angel Networks in North Africa
The fund targets energy transition, productivity, mobility, and logistics in sub-Saharan Africa
Less than two weeks after the company announced that it's shutting down
Apply fast! Only two days left before applications close.
Over half the African team were affected
The company is facing cash flow issues and debt servicing problems and has layed off an undisclosed number of employees while undergoing a three-month rescue process.