Golden Palm Investments

Pastel, a Nigerian bookkeeping and digital platform for merchants, raises $5.5M led by TLcom

There’s no end to digitizing the operations of small and medium businesses (SMBs) in the traditional retail sector across sub-Saharan Africa. In Nigeria alone, this industry, worth more than $200 bi

Autochek acquires CoinAfrique to grow its footprint in Francophone Africa

Automotive e-commerce company Autochek has expanded to new markets in Africa after acquiring CoinAfrique, a classified ad marketplace, nearly two months after the Nigerian startup acquired Moroccan au

Autochek expands to North Africa after acquiring Morocco’s Kifal Auto

Digital automotive commerce company Autochek has acquired Morocco’s KIFAL Auto for an undisclosed amount, marking the entry of the vehicle marketplace into North Africa. The deal comes barely a year

CarePoint raises $10M to spread healthcare tech across Africa

CarePoint, a technology-driven healthcare startup, has raised a $10 million bridge round to accelerate its growth across Africa as it seeks to make healthcare accessible to the masses. The startup rec

Eksab gets $3M to scale its fantasy football platform across MENA and Africa

Football (or soccer, as it’s commonly called in the U.S.) is the most popular and watched sport globally, with over 5 billion fans according to its apex governing body, FIFA. While the World Cup

Egyptian on-demand grocery delivery startup Appetito bags $2M pre-Series A

Egyptian grocery delivery startup Appetito has raised $2 million in pre-Series A funding, the company confirmed to TechCrunch today. The round, which comes after the company’s $450,000 seed round in

Egypt’s ILLA raises $2M to diversify its offerings to FMCG value chain

Most FMCG brands rely on a combination of owned and outsourced assets to carry out delivery operations. The variety of both models brings about a fragmented logistics cycle and FMCGs can lose signific