The Empower Africa Business Platform is Now Live !!!
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 payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.

Norfund, the Norwegian Investment Fund for Developing Countries, has announced its first-ever direct investments in plastic recycling initiatives in Africa

MoneyHash, an Egyptian fintech company, has secured new funding from Tom Preston-Werner, co-founder of GitHub and former CEO, in an undisclosed seed funding round.