Investment
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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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After hitting $1m revenue mark, Farm 360 lands $1m investment to scale its business model.
Farm 360, a Ghana-based agtech focused on restoration-linked agricultural supply chains, has secured a USD 1 million investment from Barka Capital following the company’s achievement of more than USD 1 million in annual revenue. The financing marks a significant milestone not only for the company but also for the broader commercial case for landscape restoration-driven
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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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The 12 most promising impact startups in Africa according to investors.
Each year the Norrsken Foundation highlights one hundred of the world’s most promising early-stage startups with the potential to solve some of humanity’s toughest challenges. The Impact/100 list has become a showcase for bold ideas that blend profit with purpose. For the 2025 edition more than 1,400 startups were nominated by 50 institutions including venture
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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.
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Five Ghanaian ventures named semi-finalists in the $50,000 GoGettaz Agripreneur Competition.
Five Ghana-focused startups have been named among the top 75 semi-finalists in the prestigious 2025 GoGettaz Agripreneur Prize Competition. These ventures are now in the running for the coveted $50,000 grand prize, which will be awarded to two exceptional founders who are pioneering the future of Africa’s food systems. The GoGettaz Agripreneur Prize, a flagship
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Liquify raises $1.5m in an oversubscribed round to close Africa’s $120bn trade finance gap.
Liquify, the invoice financing platform co-founded by Nadya Yaremenko and Alberta Asafo-Asamoah, has closed a $1.5 million equity seed round, alongside additional debt financing. The round, which was oversubscribed, underscores strong investor confidence in Liquify’s approach to bridge Africa’s $120 billion trade finance gap. The UK Tech News was the first to report the news.
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OceansMall secures $150,000 from GBHub Africa to digitize Ghana’s seafood supply chain.
OceansMall, the agritech startup revolutionizing seafood logistics, has secured $150,000 in convertible debt from GBHub Africa to expand its operations and digital platform, Pinwheel. The investment also includes technical assistance and market access support, enabling the company to scale its cold chain logistics and strengthen its reach across coastal fishing communities. Founded in 2021 by