Day: January 16, 2025

South African Startup FARO Secures $6 Million to Tackle Textile Waste and Expand Affordable Fashion

Jan 16, 2025

—

by

Fred Kennedy

in New Investments

FARO, a South African startup revolutionizing the fashion industry, has secured $6 million in funding to address textile waste and make fashion more affordable across Africa.
Purple Elephant Ventures Secures $4.5 Million to Drive Innovation in Africa’s Tourism Sector

Jan 16, 2025

—

by

Fred Kennedy

in New Investments

Purple Elephant Ventures (PEV), a venture studio based in Nairobi, has successfully raised $4.5 million in seed funding to drive innovation in Africa’s tourism sector.