WASHINGTON, D.C. – The U.S. International Development Finance Corporation (DFC), Finnish Fund for Industrial Cooperation Ltd (Finnfund), and Google LLC today announced an initial equity… Read More »Cassava Technologies Receives $90 Million Equity Investment for Expanding Digital Infrastructure Across Africa
The African Development Bank (AfDB) has invested $10 million in the ARM-Harith Successor Infrastructure Equity Fund. This initiative aims to enhance access to electricity and… Read More »African Development Bank Invests $10 Million to Boost West Africa’s Energy Transition
Juicyway, a payment startup using stablecoin technology, has launched out of stealth mode with a $3 million pre-seed round. The funding was led by P1… Read More »Juicyway Emerges from Stealth with $3M Funding to Revolutionize Cross-Border Payments
The OPEC Fund has signed a $40 million loan to strengthen food systems in Africa. The loan is part of a $394 million sustainability-linked package… Read More »OPEC Fund Signs $40 Million Loan to Boost Food Security in Africa
M-PESA GO, Old Mutual, and the Kenya Institute of Curriculum Development (KICD) have unveiled an online financial literacy toolkit. The toolkit targets junior and senior… Read More »M-PESA GO, Old Mutual, and KICD Launch Financial Literacy Toolkit for Students
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
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
Sydney, Australia – Speaking at the International Ministers and Dignitaries session during IMARC 2024, H.E. Dr Elias Munshya, Zambia’s Ambassador to Australia, highlighted Zambia’s ambitious… Read More »Zambia’s Ambassador to Australia Invites Global Investors to Power Ambitious Mining Growth at IMARC 2024
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
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