The Empower Africa Business Platform is Now Live !!!
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.

Ethiopia has launched its first locally issued credit card, marking a key step toward digital transformation in its financial services.

The African Development Bank Group (AfDB) has secured a $350 million loan from the Japan International Cooperation Agency (JICA) to enhance its support for private sector operations in Africa.

Sixteen innovators from seven African countries have been selected for the 2025 Africa Prize for Engineering Innovation.