Funding
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Phundit raises funding to help Africans navigate personal financial emergencies.
For years, the narrative of African fintech has been dominated by one word: Credit. From Nairobi to Lagos, rapid-approval loan apps have proliferated, promising to bridge the liquidity gap. But for many users, these apps have become a “debt trap” rather than a safety net. Phundit, the Ghanaian fintech startup, has just closed an undisclosed
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Fido secures a $5.5 million debt investment to scale its AI-driven lending platform.
Fido Ghana has secured a USD 5.5 million debt investment from the Regional MSME Investment Fund for Sub-Saharan Africa, managed by the Swiss-based impact manager, Symbiotics. The new capital injection will strengthen Fido Ghana’s capacity to scale its lending portfolio, enhance its digital infrastructure, and meet rising demand for accessible financial tools. For many borrowers,
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FarmerTribe lands debt investment from Green Earth Group to expand into rice processing.
FarmerTribe, the agritech focused on strengthening local rice supply chains, has secured structured financing from Green Earth Group N.V. in partnership with Pangea Global Ventures to build a modern rice milling facility in Walewale. This transaction marks Green Earth’s first investment in Ghana’s agricultural sector and supports high-value processing in local food systems. The investment
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Seevcash lands $142,000 from Stellar Community Fund to accelerate financial inclusion.
Ghanaian fintech startup Seevcash has secured $142,000 in XLM from the Stellar Development Foundation (SDF) through the Stellar Community Fund, an open-application awards program that leverages community input to fund and support Web3 teams building on Stellar. The funding will support product development as the company works to expand access to affordable digital financial services.
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Medpharma secures undisclosed investment from Sahara Impact Ventures.
Ghanaian healthtech startup Medpharma has raised an undisclosed funding round from Sahara Impact Ventures. What problem is MedPharma solving? Founded by Stephen Yaw Asamoah and Richard Appiah Otoo in 2019, MedPharma is digitising healthcare delivery by aggregating providers, pharmacies, and medical facilities into a single connected platform. Its model tackles one of the continent’s most
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Standard Chartered Women in Tech Incubator backs 5 startups with $50,000 to scale their products.
The Standard Chartered Futuremakers Women in Tech (FWIT) program, an initiative by Standard Chartered Bank, has invested $50,000 in five startups from its 2025 incubator program. These companies span sectors including healthcare and agriculture, and waste management. Implemented by the Ghana Climate Innovation Centre, the program provides business development and financial support to women-led or
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Mariseth Farms backer, SEFAA secures $10m to ramp up investment in Africa’s agribusinesses.
The Social Enterprise Fund for Agriculture in Africa (SEFAA) — one of Ghana’s most active agribusiness investors and a backer of Complete Farmer, Mariseth Farms, Oyster Agribusiness, Kuapa Kokoo, and Idan Agro — has secured $10m from the Mastercard Foundation Africa Growth Fund. Managed by Sahel Capital, SEFAA plans to deepen its reach across 13
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EATO secures funding from Nubia Capital to build the digital rails for African cuisine.
EATO, the AI-powered foodtech platform, has secured an undisclosed funding from Nubia Capital to accelerate its mission to build the digital infrastructure powering Africa’s food economy. Founded by Margaret Kyerematen-Debrah in 2023, EATO is an AI-powered digital marketplace that connects African food entrepreneurs—chefs, processors, small businesses, and informal traders—with global consumers, markets, and financing opportunities.









