Ten African startups have been chosen to receive funding as part of the Africa Blue Wave and Regen Wave initiatives, a collaborative effort to unlock solutions for a sustainable future.
“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.
South African AI-powered customer service platform Cue has raised $2 million in seed funding from angel investors.
Egypt-based micromobility startup Rabbit Mobility has successfully secured $1.3 million in a fresh investment round aimed at accelerating its expansion across Egypt and North Africa.
AFEX, a Nigeria-based commodities platform, has raised $26.5 million in funding from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor.
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