Cape Town’s HAVAÍC has launched its third African Innovation Fund, aiming to invest $50 million. The firm has announced a successful first close after securing… Read More »HAVAÍC Launches $50 Million African Innovation Fund 3
TRANSFORM, an impact accelerator led by Unilever, the British High Commission (BHC) Nairobi, and EY, has announced $540K in grant funding. The funding will support… Read More »TRANSFORM Accelerator Awards $540K to Five Kenyan Startups
Fifty-six startups, investors, and ecosystem players from Africa have been named regional winners in the Global Startup Awards (GSA) competition. These winners now move on… Read More »GSA Names 56 Regional Winners for Continental Finals in Africa
Educatly, a global higher education network, has secured $2.5 million in new funding. This will help expand its market reach into Egypt, Saudi Arabia, the… Read More »Educatly Raises $2.5 Million to Expand Educational Platform
African startups have surpassed $1 billion in investments in the first half of 2024, reaching $1.1 billion. This increase marks a rebound from $1 billion… Read More »African Startups Surpass $1 Billion in First-Half 2024 Investments
Village Capital has invested in two innovative startups, Kenya’s Aquarech and Nigeria’s CoAmana, through its Reducing Inequalities Investment Facility. These investments aim to transform farmers’… Read More »Village Capital Invests in Kenyan and Nigerian Startups to Boost Farmers’ Livelihoods
d.light has secured $176 million to fund its solar energy projects in Kenya, Tanzania, and Uganda. African Frontier Capital (AFC), a social impact-focused asset management… Read More »d.light Secures $176 Million for Solar Energy in East Africa
BasiGo Rwanda has received a $225,000 recoverable grant from Ireme Invest. This funding will help upgrade its charging infrastructure for its growing fleet of electric… Read More »BasiGo Rwanda Secures $225,000 Grant for Charging Upgrades
An angel investment fund, Innovate Africa Fund, has launched with $2.5 million to support early-stage startups. The fund aims to support up to 20 startups… Read More »Innovate Africa Fund Launches to Support Early-Stage Startups with $2.5 Million
The United Nations Development Programme, UNDP plans to raise $1 billion with African governments and private sector players. This initiative aims to build technology hubs… Read More »UNDP Launches $1 Billion Initiative to Boost African Tech Startups