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...
Sierra Leone Gets its First Large-Scale Grid-Connected Solar IPP After $52 Milion Funding From BII, FMO, Proparco & Frontier Energy
In a significant step towards clean energy and improved electricity access, a consortium of Development Finance Institutions (DFIs) and renewable energy fund manager Frontier Energy has announced a co-investment of over $52 million for the Planet Solar project in Sierra Leone.
Equity Bank and Mastercard Partner to Streamline Cross-Border Money Transfers for Kenyans
Equity Bank and Mastercard have announced a strategic partnership that empowers Equity Bank customers to send money securely to 30 countries.
Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC
The funding will be utilized to expand EastCastle’s telecom towers network across the Democratic Republic of Congo (DRC), bolstering connectivity and improving access to telecommunications services in the country.