Author: Fred Kennedy
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Kenya’s Digital Bank Umba Secures $5 Million to Drive Pan-African Growth
Kenyan-based digital bank Umba has secured a $5 million debt facility from Star Strong Capital to accelerate its growth and reach more customers across Africa.
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Fadima Diawara is Making Affordable Smartphones Built for African Needs
Fadima Diawara is a Guinean entrepreneur using technology to create practical solutions for Africa.
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Pee Cee Holding Ltd Secures $12 Million IFC Investment to Establish Sierra Leone’s First Large-Scale Onion Farm
The International Finance Corporation (IFC) has announced a $12 million investment to support the creation of Sierra Leone’s first major commercial onion farm.
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Nigeria Joins African Countries Embracing Electric Mobility as LOXEA Launches BYD EVs
LOXEA Nigeria, part of the CFAO Mobility group, has officially launched BYD (Build Your Dreams) electric vehicles in the Nigerian market, marking a major milestone in the country’s transition towards cleaner mobility.
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Youssef Bouyakhf is Using AI to Transform Maternal Healthcare Across Africa
Youssef Bouyakhf is a Moroccan entrepreneur and the co-founder of Deepecho, a health-tech startup that uses artificial intelligence to improve prenatal healthcare.
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Sabou Capital, New SME Fund Unveiled to Invest $350K–$1.5M in 25 African Startups
Surayyah Ahmad, a seasoned entrepreneur and co-founder of two previous ventures, has launched Sabou Capital, a new investment fund aimed at closing funding gaps for small and medium-sized enterprises (SMEs) in West and Central Africa.
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Village Capital Launches New Edition of Greentech Africa Accelerator to Back Climate-Focused Startups
Village Capital, a global pioneer in early-stage impact investing, has launched the second edition of its Greentech Africa accelerator programme.
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World Bank Boosts Africa’s Digital Infrastructure with $100 Million Investment in Raxio
The International Finance Corporation (IFC), the private investment arm of the World Bank, has announced a $100 million investment in Raxio Group to support the development of data centres across Africa.
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Ivorian Fintech Djamo Raises $17 Million to Expand Financial Services in Francophone Africa
Ivorian fintech company Djamo has raised $17 million in a new funding round to expand its financial services across Francophone Africa.