The Empower Africa Business Platform is Now Live !!!
These exciting additions to the company’s portfolio showcase the impact of their Fuzé initiative, dedicated to bridging the funding gap for Francophone startups.
The four startups include:
1. Valorigo – a Democratic Republic of Congo-based online marketplace that simplifies access to healthcare products for consumers while boosting visibility and sales for pharmacies. Supported by IMPACT Lab and Kobo Hub, Valorigo is revolutionizing healthcare access in the region.
2. Kwely Inc. – a B2B e-commerce platform championing Made-in-Africa products. The startup aspires to become the continent’s leading B2B marketplace. By connecting African buyers and sellers globally, Kwely aims to reshape perceptions of African products and streamline cross-border trade.
3. MONSAPO – a Tunisian startup specializing in eco-friendly cleaning products, is committed to circular economy principles, catering to both individuals and professionals. Their innovative, sustainable solutions offer an eco-conscious alternative in the cleaning industry.
4. REasy – a startup empowering African SMEs with efficient and cost-effective global financial transactions. By prioritizing speed, traceability, and cost reduction, REasy simplifies payment processes for African businesses, saving them valuable time and resources.
Digital Africa’s Fuzé initiative has been instrumental in transforming funding accessibility for Francophone startups.
Backed by Proparco, Fuzé fosters opportunities, facilitates funding, and amplifies visibility for tech solutions addressing Africa’s specific economic needs.
With an investment envelope of €6.5 million, Fuzé offers ideation tickets of €20K, follow-on tickets of €30K, and cumulative tickets of €50K, catering to startups at various stages of growth.
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Incofin, through its Water Access Acceleration Fund (W2AF), has announced a $3 million investment in Spouts International, a leading East African manufacturer and distributor of ceramic water filters under the Purifaaya brand.

DXwand, a leading AI startup operating across Egypt and the United Arab Emirates, has secured $4 million in Series A funding to accelerate its expansion across the Middle East and North Africa (MENA) region.

South African tech education provider HyperionDev announced securing R95 million (approximately $5 million) in a new funding round. This latest investment brings the company’s total growth capital to R595 million ($31.1 million).