The Empower Africa Business Platform is Now Live !!!
Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding
The round was led by Amsterdam-based No Such Ventures, with participation from APX, Golden Egg Check, and Future of Learning Fund. Founded in 2020 by Sunkanmi Ola, Seun Owolabi, and Abel Agoi, the platform connects communities with global companies, helping to derisk the process of hiring remote talent from emerging markets, particularly in Africa.
Propel plans to use the investment to drive the roll-out and adoption of its community-as-a-service platform. Propel’s platform is currently used by over 100 communities in Africa and the Middle East. The company has seen strong growth in recent months, with the number of job postings on its platform increasing by 300%.
With this latest funding, Propel is well-positioned to continue its growth and become a leading platform for connecting communities with global companies.

Africa50, a key infrastructure investor operating across the continent, has completed the first close of its Alliance for Green Infrastructure in Africa – Project Development Fund (AGIA‑PD), raising $118 million in landmark financing.

Founders Factory Factory, a renowned venture capital company, has secured $114 million in funding to support and accelerate the growth of tech startups across Africa.

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a joint initiative to drive project development across six sub-Saharan African countries: Benin, Côte d’Ivoire, Ghana, Kenya, Nigeria, and Senegal.