The Empower Africa Business Platform is Now Live !!!
OceanHub Africa aims to support and nurture startups that aim to combat global warming, overexploitation, and pollution of the ocean.
Its accelerator program connects such startups with a network of highly qualified stakeholders and facilitators and provides them with sustainable pathways towards stable profits and scalable growth opportunities throughout Africa.
Six startups participated in its latest program: Kenya’s Kuza Freezer, Tanzania’s Healthy Seaweed Co, Reunion’s Reef Pulse, Egypt’s ReNile, Tunisia’s Tunisia Baits, and South Africa’s Akili.
The eight-month program focused on personal, product, and business development while preparing ventures for investment opportunities.
It concluded with an in-person boot camp in Cape Town earlier this month, where the six startups underwent a week of intensive training to accelerate their journey toward investor readiness and sustainable business growth.
On the final day of the boot camp, participating startups showcased their innovations and pitched for potential investments in front of a mock-investment panel.
The startups that participated in the boot camp were also allowed to network with potential investors, mentors, and partners.

Visa has announced the 19 African startups selected to participate in the third cohort of its Visa Africa Fintech Accelerator program.

Egyptian fintech company MNT-Halan has successfully raised $157.5 million in new funding to accelerate its expansion beyond its home market.

Candi Solar, a company that supplies clean energy to businesses in developing countries, has raised $24 million in new funding from its current backers.