Nuru, an energy startup in the Democratic Republic of Congo (DRC) has raised $40 million in equity in partnership with the International Finance Corporation (IFC).… Read More »DRC Energy Startup Nuru Closes $40M Equity Funding for Metrogrid Scaling
The annual African Business Heroes (ABH) Prize Competition has selected 50 finalists from 20 African countries, to compete in the fifth edition of the initiative. … Read More »African Business Heroes for Prize Competition Picks 50 Finalists
The Bill and Melinda Gates Foundation is set to open a regional office in Kenya’s Capital, Nairobi after a green light from the government. On… Read More »Nairobi to Host Bill and Melinda Gates Foundation Regional Office
Kenyan fashion e-commerce startup ShopZetu has raised $1 million in pre-seed capital after a roundtable bringing together a host of venture capital firms and investors.… Read More »Kenyan Fashion Startup ShopZetu Secures $1 Million Funding
“This Business Forum represents a new milestone in the EU and Rwanda’s long-standing strong partnership,” she stated.
Air France-KLM Group on Friday, June 23, opened its new offices in Nairobi, Kenya that will serve as its headquarters in the East, Central and… Read More »Air France – KLM Opens African Office in Nairobi in Expansion Move
The 7th Annual Africa Tech Summit, kicked off on Wednesday, June 22 in London with 12 African startups set to showcase at the event. The… Read More »Africa Tech Summit Kicks off in London as 12 Startups Showcase
Kenya’s President William Ruto on Thursday, June 22, called for an equitable global financial architecture during high-level talks at the Global Financial Pact Summit in… Read More »Global Financial Pact Summit: Kenya’s President Asks IMF & World Bank to be Fair
The US on Wednesday, June 21, announced plans to enhance access to green energy in the East and Central African region through the Power Africa… Read More »US Commits $88.9M Funding for East Africa Green Energy Projects
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