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The Council for Scientific and Industrial Research (CSIR) has secured a $4 million investment from the Bill & Melinda Gates Foundation to drive skills and health innovation.
The investment will accelerate the CSIR’s groundbreaking research and development efforts in healthcare, opening new avenues for advancements and solutions that address critical health challenges across the continent. The investment marks a significant milestone in the CSIR’s mission to promote scientific excellence and foster innovation for the betterment of African communities.
With the funding, the CSIR will boost the development of innovative healthcare solutions that are accessible, affordable, and tailored to meet the specific needs of the African population. The CSIR has a proven track record of delivering impactful healthcare innovations, from diagnostics and therapeutics to medical devices and digital health solutions.

South African insurtech startup Inclusivity Solutions has announced the closing of a $1.5 million Series A extension round led by impact investment firm Goodwell Investments.

LNKO, a rapidly growing direct-to-consumer (D2C) eyewear brand, has secured a strategic equity investment from Beltone Venture Capital to drive its expansion across Africa.

Johannesburg-based business process outsourcing (BPO) company Procera Group has secured R346 million (US$18.8 million) in funding from Africa-focused investment firm Vantage Capital.