Beacon Power Services (BPS), an energy-tech startup, has raised funds through a Series A financing round. Led by global VC Partech, this funding will enable… Read More »Beacon Power Services Raises Funds to Expand in Africa
Kobo360, a Goldman Sachs-backed truck-hailing startup, has introduced HaulSight, a new fleet management software designed to help companies track vehicles, plan routes, and access invoice… Read More »Kobo360 Launches Fleet Management Software HaulSight to Tackle Rising Costs
Smart Africa and UN Women have launched an initiative to close Africa’s gender digital divide. The “Smart Women and Girls in ICT Initiative” (SWG) is… Read More »Smart Africa and UN Women Unite to Empower Future Women Innovators in Africa
The African Development Bank Group (AfDB) has approved a $75 million financing package for Export Trading Group (ETG), a Mauritius-based conglomerate that operates across Africa.… Read More »African Development Bank Approves $75 Million to Boost Africa’s Agriculture with ETG Partnership
Proparco has committed to three financial facilities in partnership with NMB Bank Limited, based in Zimbabwe’s capital, Harare. This initiative includes a USD 15 million… Read More »Proparco Strengthens Support for SMEs in Zimbabwe through Partnership with NMB Bank
Mastercard and Diamond Trust Bank (DTB) have entered a 10-year agreement to enhance digital payment options across Kenya, Uganda, and Tanzania. The partnership aims to… Read More »Mastercard and DTB Launch New Digital Payment Solutions for East Africa
The Republic of The Gambia has joined the Fund for Export Development in Africa (FEDA), the development impact investment branch of the African Export-Import Bank… Read More »Gambia Joins FEDA as 19th Member, Boosting Development Investment in Africa
Oyster Agribusiness, an innovative company focused on climate-smart agriculture, has raised $2 million to expand operations in Ghana. The funding round was led by Pangea… Read More »Oyster Agribusiness Secures $2 Million to Boost Climate-Smart Agriculture in Ghana
Kotani Pay, a licensed on-ramp and off-ramp service provider, has officially expanded its services to Rwanda and Uganda. This move marks a milestone for the… Read More »Kotani Pay Expands to Rwanda and Uganda, Boosting Digital Payment Access in East Africa
Kenya has emerged as the top African country in startup funding for 2024, raising $437 million (Sh56.5 billion). This represents 31 percent of all funds… Read More »Kenya Leads African Startup Funding with $437 Million in 2024