Fifteen innovative startups, organizations, and individuals have emerged as winners in the African segment of the prestigious Global Startup Awards (GSA).
These trailblazers, representing eight African nations, will now advance to the global finals, marking a significant milestone in their journeys to achieve international recognition.
The winners were unveiled at the GSA Africa Finale, hosted in Cape Town, South Africa, in partnership with the Global Innovation Initiative Group (GIIG).
This year’s honorees hailed from South Africa, Ethiopia, Kenya, Egypt, Nigeria, the Democratic Republic of Congo (DRC), Morocco, and Zambia.
Kenyan startup Peach Cars KE has secured a $5 million seed investment to fuel its ambitious plans of transforming the automotive industry in Kenya.
Kenyan renewable energy startup Hydrobox has secured $9 million in debt funding to expand its small hydro projects, delivering affordable and reliable electricity to underserved communities in Kenya.
The European Investment Bank (EIB Global) has pledged a $75 million investment in Helios Fund V, a private equity fund managed by Helios Investment Partners.
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