New Investments
Aquarech Secures $1.7 Million to Empower Kenyan Fish Farmers
Founded in 2019, Aquarech has developed an innovative mobile app platform that revolutionizes fish farming practices.
Aquarech’s comprehensive approach to supporting fish farmers extends beyond providing access to quality feed and knowledge.
The $1.7 million funding round includes contributions from Acumen, Katapult, and Mercy Corps Ventures, demonstrating the strong support for Aquarech’s mission.
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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
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Ghanaian AI Startup Aya Data Secures Seed Funding to Expand AI Solutions
Aya Data, a Ghanaian artificial intelligence (AI) startup, has successfully raised $900,000 in a seed funding round led by 54 Collective, with additional contributions from several angel investors.
Kasha, a Rwandan-based e-commerce platform that provides access to women’s health and personal care products, has raised $21 million in a Series B funding round
Founded in 2016, Kasha aims to bridge the gap in access to women’s health products and personal care items, addressing the challenges faced by many women in obtaining these essential items discreetly and conveniently.
IFC Proposes $25 Million Investment in African Transition Acceleration Fund
The International Finance Corporation (IFC) has revealed plans to take an equity stake of up to $25 million in the African Transition Acceleration Fund (ATAF), a new vehicle set up to speed up clean-energy and low-carbon transport ventures across the continent.