The African Development Bank’s Board of Directors have decided to invest $10.50 million in the Seedstars Africa Ventures(SAV) venture capital fund. This investment will help… Read More »African Development Bank Invests $10.5 Million in Seedstars Africa Ventures
South Africa’s Rand Merchant Bank(RMB) has announced a partnership with KOKO, a leading climate technology firm. The objective of the partnership is to foster carbon… Read More »RMB and KOKO Partner for Carbon Business Growth and Sustainable Energy in Africa
The European Investment Bank (EIB) has invested US$30 million in Seedstars Africa Ventures. This funding will strengthen the support provided to innovative businesses and startups… Read More »EIB Invests $30M in Seedstars Africa to Boost Innovation.
At the beginning of 2024, in January, as per Forbes, the African continent’s 5 billionaires were worth an estimated $35.6 billion. Nigeria’s Aliko Dangote was… Read More »Africa’s 5 Richest Men with Massive Investment in Africa
On Thursday, Tanzania secured a $1.1 billion financing package from the World Bank, promoting inclusive growth and urban services. The funds will enhance climate resilience… Read More »Tanzania secures $1.1bn World Bank Investment Fund
Kenyan- based Abyssinia Iron and Steel Limited on Wednesday, December 20 signed a Power Purchase Agreement with Norway’s solar power financier Empower New Energy. The… Read More »Kenya-Based Abyssinia Steel and Spenomatic join Forces with Empower New Energy to Solarise Awasi Steel Factory
South Africa Parcel shipping platform TUNL raises $1 million to accelerate growth of e-commerce exports from Africa in pre-seed funding from Founders Factory Africa, Digital… Read More »South Africa Shipping Platform TUNL Raises $1 Million in Pre-Seed Round
African fashion e-commerce startup MAKA, has announced a pre-seed round of $2.65 million. The Company pre-seed round was led by Pan-African venture capital firms 4DX… Read More »African Fashion Commerce Startup, MAKA Raises $2.65 Million Pre-Seed Round
Techstar and ARM Labs have Partnerd to Invest $1.2 Million among 12 African Startup’s after they were admitted to the second cohort of the African… Read More »Techstar, ARM Labs Partner to drive $1.2 Million Investment in 12 African Startups
African Development Bank (AfDB) Group, Board of Directors have approved a $1 billion guarantee program in collaboration with the UK Foreign Commonwealth and Development Office… Read More »AfDB approves $1 Billion Guarantee from the United Kingdom to support South Africa Energy Transition