The United States Government on Monday, July 9, reiterated its commitment to revive Pyrethrum farming in Kenya. Speaking during the groundbreaking of a processing plant… Read More »U.S Commits $22M in Plans to Revive Pyrethrum Farming in Kenya
Zanzibar has secured $459.7 in new infrastructure financing from the UK to address infrastructure development. The crucial facility is from UK Export Finance (UKEF) and … Read More »UK Grants Zanzibar $459 million to Boost Economy
The International Monetary Fund (IMF) has approved a loan for Niger of about $26.3 million to support macroeconomic stability and promote growth. According to IMF,… Read More »IMF Approves $131.5M Loan for Niger
It is a boost for Africa’s infrastructural development agenda after Germany committed $10.8 million to NEPAD. Through the African Development Bank (AfDB), German Federal Ministry for… Read More »Boost for Africa as Germany Commits $10.9 Million Through NEPAD
Yellow, a Malawian Solar Energy startup, has raised $14 million funds in a Serie B round as it seeks to expand its operations on the… Read More »Malawi’s Yellow Startup Raises $14 million for Expansion in Africa
Google has announced 25 African startups set to benefit from this year’s edition of the Google for Startups Black Founders Fund. In a statement on… Read More »25 African Beneficiaries of Google for Startups Fund Announced
Sri Lanka-based apparel company Hela Apparel Holdings has secured a $5 million loan from Aavishkaar Capital, an Indian venture capital firm, and German state-owned investment… Read More »Sri Lanka Firm Hela Apparel Secures Funds for Expansion in Africa
Seedstars Capital and Swiss-based philanthropy Fondation Botnar have launched a fund named Seedstars Youth Wellbeing Ventures targeting people below the age of 30 years in… Read More »Seedstars, Fondation Botnar Announce $20M Fund Targeting African Startups
The African Development Bank Group (AfDB) has released its 2022 Annual Report showing solid performance over the year. From the report, AfDB recorded a significant… Read More »AfDB Annual Report 2022 Demonstrates Commitment to African Countries
Funding for Africa’s start-ups in May hit $645 million, a report by The Big Deal– a startup-oriented database has established. According to the report, the… Read More »Start-ups Funding in Africa Bounces Back in May After Two Slow Months