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Category: Key developments
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Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC
The funding will be utilized to expand EastCastle’s telecom towers network across the Democratic Republic of Congo (DRC), bolstering connectivity and improving access to telecommunications services in the country.
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Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market
Kyosk aims to leverage its technological prowess to streamline the supply chain, enhance convenience, and improve access to high-quality fresh produce across the continent.
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FAO to launch fall armyworm research Hub in Kenya to pave way for innovative solutions in crop protection
The Food and Agriculture Organization (FAO) has announced plans to establish a dedicated Fall Armyworm Research Hub in Kenya.
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Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture – Copy
The African Development Bank (AFDB) has approved a $21 million financing to support Kenyan youths and women entrepreneurs in agriculture.
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SEACOM secures $207 million from IFC to boost digital connectivity in Africa
SEACOM LTD, one of the leading Pan-African data services providers, has secured $207 million in funding from the International Finance Corporation (IFC) to accelerate digital connectivity in seven African countries.
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Senegal gets $50 million from World Bank to digitize its healthcare system
The investment aims to modernize healthcare services, improve access to quality care, and foster digital transformation in the country’s healthcare sector.
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CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses
Key Developments CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses | Article CrossBoundary Energy, a leading provider of clean energy solutions in Africa, has secured $50 million in funding to accelerate the deployment of clean and reliable power solutions for businesses across the African continent. CrossBoundary Energy specializes in…
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54 African investors were selected to join Dream VC’s accelerator program to drive Africa’s VC space
Dream VC, a leading global accelerator program focused on fostering entrepreneurship and venture capital growth, has selected 54 African investors for its accelerator program
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Visa launches fintech accelerator program for African startups
Visa, a global leader in digital payments, has announced the launch of its highly anticipated fintech accelerator program specifically designed for startups in Africa.