African VC deals since 14 March 2021 African VC/ Startup News

Hi and welcome to African VC/ Startup news, a weekly newsletter where I highlight transactions in the African startup ecosystem over the past week (or two). In addition to sending the weekly newsletter, I maintain a database of deals, investors and portfolio companies in the African startup ecosystem, it is available: here
Insights: Since 14 March 2021, I noticed 11 deals come across my screen, 9 investments and 2 fundraises. Of the 9 investments, Nigeria had 3 deals while South Africa and Ghana had 2 each. Fintech was once again the most active sector with 3 investments and 2 in Agritech (see below):
Within the 3 Fintech deals, 2 were in the Nigerian cross-border payments/ remittance sector. Interestingly Nigeria is one of the largest recipients of remittances in the world, receiving $23,8bn in 2019 (see below). Hopefully these startups will reduce the fees paid on these transactions which average 9%.
Since 7 March 2021, I noticed the following deals:
Investments (9 deals)
1: Bankly | $2m | Vault; Plug and Play Ventures; Rising Tide Africa; Chrysalis Capital | Seed | Fintech
Investee: 
Bankly - A Nigerian fintech that is helping to digitize the process of collating and saving money for unbanked individuals. Customers can deposit and withdraw cash with at a Bankly agent any time.
Investor(s):
Vault - a holding company, one of their subsidiaries, VANSO, was sold to Interswitch in 2016.
Plug and Play Ventures - experts in facilitating meaningful introductions, investing in startups, and bringing together key stakeholders into one world-changing network.
Rising Tide Africa - functions as part of a Global movement of The Rising Tide Program for Africa. It constitutes a group of women angel investors harnessing their power, network, passion and capital to positively impact and actively create a New Africa.
Chrysalis Capital - a team of operator investors that that solves problems in emerging markets and for its diaspora. It focusses on early stage tech companies in emerging markets.
Detail: the goal is to use the capital to grow the customer base to 2 million unbanked individuals in the next 3 years.
2: Redbird | $1,5m | Johnson & Johnson Foundation; Newtown Partners | Seed | Healthtech
Investee: 
Redbird - a Ghanaian healthtech that is modernising the way that pharmacies test their patients for chronic and acute conditions.
Investor(s):
Johnson & Johnson Foundation - an impact investment vehicle within the Johnson & Johnson Foundation that deploys investments in healthcare innovations, that addresses health workforce and healthcare challenges in low-income and diverse communities.
Newtown Partners (Imperial Venture Fund) - Newtown Partners is an early-stage venture capital firm that actively invests in emerging, disruptive technology startup businesses. They manage the Imperial Venture Fund that prioritises disruptive, startups in the global supply chain and logistics technology stack.
Detail: the capital will be used to grow the operations in Ghana and to expand to new markets.
3: Cowrie Integrated Systems | $750k | Stellar Development Foundation | Undisclosed round | Fintech
Investee: 
Cowrie Integrated Systems - a Nigeria and UK based fintech that provides cross-border payments solutions allowing users to participate in a global financial market by providing access to currencies not widely traded.
Investor(s):
Stellar Development Foundation - a non-profit organization that supports the development and growth of Stellar, an open-source network that connects the world’s financial infrastructure. 
Detail: the capital will be used to expand operations in emerging markets and develop payment corridors between, into, and out of Africa, with an initial focus on Nigeria.
4: Complete Farmer | Undisclosed amount | Ingressive Capital | Undisclosed round | Agritech
Investee: 
Complete Farmer - A Ghana based agritech business that has built the first African digital platform that brings together food growers, foo