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
African remittance startup Nala has raised $40 million, making it one of the largest Series A rounds in Africa. This funding follows a $10 million… Read More »Nala Secures $40 Million in Series A Funding
South African startup Pumpkn has secured funding from Renew Capital. The investment aims to address the funding gap in Africa’s agriculture sector. This gap hinders… Read More »South African Startup Pumpkn Secures Funding from Renew Capital to Boost Agricultural Financing
Egypt-based B2B healthtech company i’SUPPLY has successfully raised a pre-Series A funding round. This brings its total funding to $2.5 million since its inception in… Read More »Egyptian Healthtech Startup i’SUPPLY Raises Pre-Series A Funding
Kenya and the United States have announced new investment deals that focus on green energy, security, education, and governance. These announcements came during Kenyan President… Read More »Kenya and U.S. Forge New Investment Deals in Green Energy, Security, and Technology
IN DALLAS, STRENGTHENING ECONOMIC GROWTH, STRATEGIC ALLIANCES DALLAS – May 2, 2024 – Standard Bank, the leading bank and financial services group in Africa, will champion… Read More »BLAZING TRAILS: STANDARD BANK DRIVES U.S.-AFRICA BUSINESS SUMMIT
The Africa Finance Corporation (AFC), a finance organization in Africa, has won the “Middle East&Africa Deal of the Year.” They got this award at the… Read More »Africa Finance Corporation’s Infinity Power Holdings Wins Middle East & Africa Deal of the Year