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Category: Key developments
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E3 Capital and Lion’s Head Climate Fund secure $48M to empower climate-focused startups in Africa
The two firms have joined forces to bridge the funding gap and support promising startups addressing climate change challenges in Africa
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Madagascar gets $227 million from World Bank and the French Development Agency to boost climate-smart agriculture
The World Bank and the French Development Agency (Agence Française de Développement) are providing $227 million in financing to Madagascar to help the country boost its climate-smart agriculture sector.
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Khazna Data Centers and Benya Group team up to build a $250 million state-of-the-art data centre in Egypt
The project aims to establish one of the largest data centers in the region, equipped with state-of-the-art facilities and cutting-edge technology.
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Global tech firm TELUS International expands operations to Africa
TELUS International, a leading digital customer experience innovator, has announced the expansion of its global operations to Africa.
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M-Kopa secures $250 million in one of Africa’s biggest tech fundraisings
M-KOPA, a pioneering company in the field of asset financing and renewable energy solutions in Africa, has secured over $250 million in a combination of debt and equity funding.
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Proparco backs DisrupTech Ventures with $5 million to invest in Egypt’s fintech space
Proparco, a leading development finance institution, has invested $5 million in Disruptech Ventures to accelerate the growth of Egypt’s fintech sector.
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Fingo Africa teams up with Ecobank to become Kenya’s first neobank
Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
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ADF, Smart African Alliance join forces to boost digital trade in Africa.
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.
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YALI, Microsoft ADC partner to empower African youth with digital skills
The Young African Leadership Initiative (YALI) has partnered with Microsoft Africa Development Center (ADC) to improve the digital skills of young people in the East African region.