Category: Key developments

The African Development Bank (AFDB) has approved a $21 million financing to support Kenyan youths and women entrepreneurs in agriculture.

SEACOM secures $207 million from IFC to boost digital connectivity in Africa

Jul 6, 2023

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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.

Senegal gets $50 million from World Bank to digitize its healthcare system

Jun 30, 2023

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The investment aims to modernize healthcare services, improve access to quality care, and foster digital transformation in the country’s healthcare sector.

CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses

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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…

54 African investors were selected to join Dream VC’s accelerator program to drive Africa’s VC space

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Dream VC, a leading global accelerator program focused on fostering entrepreneurship and venture capital growth, has selected 54 African investors for its accelerator program

Visa launches fintech accelerator program for African startups

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Visa, a global leader in digital payments, has announced the launch of its highly anticipated fintech accelerator program specifically designed for startups in Africa.

Google’s Black Founders Fund Invests in 25 African Startups

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Google has announced the 25 African startups selected for the third cohort of Google for Startups’ Black Founders Fund.

The Baobab Network funds five promising startups

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