Key Developments
The Baobab Network funds five promising startups
The Baobab Network, a Nairobi-based accelerator and investment firm, has invested $50,000 into five promising African startups
The move significantly boosts the continent’s entrepreneurial ecosystem and reflects The Baobab Network’s commitment to supporting and nurturing innovative ventures across Africa. The Baobab Network, known for its focus on early-stage startups, provides selected entrepreneurs with mentorship, tailored training, and access to an extensive network of investors and industry experts.
By investing in these startups, The Baobab Network aims to foster their growth, enhance their market viability, and increase their chances of success. The five startups selected for investment demonstrate diverse solutions, addressing key challenges across various sectors.
- Afrigility (Kenya)
- Eazy Chain,Inc. (Togo)
- MuduPay (Guinea)
- ePoultry Africa (Nigeria)
- Colis (Morocco)
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
AfDB Launches $1 Billion Fund to Insure 40 Million African Farmers From Effects of Climate Change
AfDB has launched a $1 billion fund called the African Climate Risk Insurance Facility for Adaptation (ACRIFA) to insure African farmers.
AfriLabs Welcomes 18 New Hubs, Expanding Network to 496 Across Africa
AfriLabs, the leading network of technology and innovation hubs in Africa, has announced the addition of 18 new hubs to its community.
Solar energy company Starsight Energy secures $20 million to power East Africa with solar energy
The funding injection aims to accelerate the expansion of clean energy access across the East Africa region and marks a significant milestone in the company’s mission to drive sustainability and economic growth