In a dynamic stride towards advancing sustainable development across the African continent, the Sahara Group Foundation, the personal and corporate social sustainability vehicle for Sahara Group, a leading energy and infrastructure conglomerate has embarked on [c]
Amini, a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4 million in a seed funding round. The round was led by Salesforce Ventures, [c]
Twiga Foods has raised new capital to fund the firm’s transformation and growth plans, anchored by Creadev and Juven, with participation from other existing shareholders. Hein Pretorius, Twiga’s chairman, commented: “The company has undertaken a [c]
Standard Chartered Kenya has announced the graduation of the sixth cohort of the Women in Tech programme with seven start-ups awarded a total Kshs 9.8 million in seed funding. Standard Chartered has partnered with the [c]
Tripplo, the Johannesburg-based innovative logistics software platform, has secured a $1.8 milion equity investment to close out its seed funding extension round. The round was led by Futuregrowth Asset Management (representing Old Mutual Life Assurance [c]
RegTech Africa and Agpaytech has released a report on the State of Fintech and Regtech activities in Nigeria. The report indicates that in the first half of 2023, African FinTech deals reached 60 transactions and raised a combined [c]
Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, has announced its second cohort of 29 companies. Funded by the Bill & Melinda Gates Foundation and sponsored by [c]
TRANSFORM, an impact accelerator that unites corporates, donors, investors, and academics to support visionary enterprises, has announced plans to support businesses in Kenya to scale new solutions and overcome global challenges. Led by Unilever, the [c]
Futurize and AstraZeneca have officially announced the launch of Futurize’s new pioneering HealthTech incubator program, FuturizeU. In collaboration with AstraZeneca, through the A.Catalyst Network, and co-funded by Bristol Myers Squibb, the program will run from September 12 to November 17, 2023. [c]
Over 70% of African tech investors will not invest follow-on funding in a startup failing to provide them with regular reporting updates according to a newly-released report from Wimbart, the PR agency specialising in tech [c]
VC4A has unveiled the 12 startups selected to participate in the 2023 Venture Showcase Africa. The annual flagship program brings together the best and brightest startups from across the continent, giving them the opportunity to [c]
Founders Factory Africa has secured an additional $114 million in funding to scale its model to better serve founders across the African tech ecosystem. The additional support from the Mastercard Foundation and Johnson & Johnson [c]
Jacob’s Ladder Africa, a not-for-profit organisation focused on green workforce readiness, along with the Future of Development Programme at the Oxford Martin School, at University of Oxford, hosted a roundtable discussion on green livelihoods and [c]
Goodwell Investments, an impact investing firm fostering inclusive growth in emerging markets, has announced its new investment in SOUK Farms, a major grower and exporter of fresh horticultural produce from Rwanda. Goodwell provided funding through [c]
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical value chain more efficient, has secured $12 million in an equity and debt funding round to deepen the penetration of its services in [c]
MyCover.ai, the insurtech startup building Africa’s digital insurance infrastructure, has announced the close of a $1.25 million pre-seed funding round, today, led by Ventures Platform. The round included participation from Founders Factory Africa and TechStars, who are making a [c]
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