The Empower Africa Business Platform is Now Live !!!
Fifteen innovative startups, organizations, and individuals have emerged as winners in the African segment of the prestigious Global Startup Awards (GSA).
These trailblazers, representing eight African nations, will now advance to the global finals, marking a significant milestone in their journeys to achieve international recognition.
The winners were unveiled at the GSA Africa Finale, hosted in Cape Town, South Africa, in partnership with the Global Innovation Initiative Group (GIIG).
This year’s honorees hailed from South Africa, Ethiopia, Kenya, Egypt, Nigeria, the Democratic Republic of Congo (DRC), Morocco, and Zambia.

Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.

The Emerging Africa & Asia Infrastructure Fund (EAAIF), under the management of Ninety One, has committed $45 million in funding to CrossBoundary Energy.

Swedfund, Sweden’s development finance institution, has committed $10 million to Novastar Ventures’ Africa People + Planet Fund III (NVIII), a venture capital fund targeting early-stage businesses in Africa.