Bamba Raises $3.2M Seed Round  - KachTech Media
Bamba, mobile-first enterprise software for micro-merchants in Africa, has secured $3.2m in seed funding to scale its app
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Bamba, mobile-first enterprise software for micro-merchants in Africa, has secured $3.2m in seed funding to scale its app
In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […]
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Nigerian founders-turned-investors are now running syndicate funds The Future Africa Fund kicked off in 2015 when Iyinoluwa Aboyeji and Nadayar Enegesi, co-founders of U.S.-based and African-focused talent company Andela, wrote checks to African startups as angel investors. This continued even as Aboyeji joined and left Flutterwave, the fintech company he co-founded. In January 2020, the pair made the fund official, with Aboyeji as general partner and Enegesi as limited partner. Simultaneously, they announced that the fund had invested $1.5 million across 19 African companies. The idea for a...
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