Beacon Power Services (BPS), an innovative energy technology company, has successfully secured funding through a Series A financing round.
“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.
Seedstars Africa Ventures I, a venture capital fund dedicated to early-stage startups in Africa, has reached a landmark $42 million first close.
Egyptian logistics startup Bosta is gearing up for further expansion after securing a fresh investment from Axian Group, a pan-African group and investment firm.
Ethiopian electric vehicle (EV) startup Dodai has raised $4 million in its Series A funding round, marking a significant milestone for the company and the Ethiopian startup ecosystem.
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