The Empower Africa Business Platform is Now Live !!!
The funding will support NoorNation’s expansion and scale its innovative solutions for decentralized energy and water infrastructure.
Founded in 2021 by Ragy Ramadan, NoorNation specializes in providing technology-enabled solutions to off-grid communities in Egypt and Sub-Saharan Africa.
The company’s flagship product, LifeBox, offers clean energy and safe water at affordable prices to rural areas, farms, and tourism businesses.
LifeBox, a solar-powered, self-contained unit, is designed and manufactured in Egypt.
It directly contributes to industrial localization and sustainability governance while providing peace of mind to customers by addressing their social, financial, and environmental needs.
The investment from KBW Ventures marks a significant milestone for NoorNation.
Prince Khaled expressed his immediate recognition of NoorNation’s potential during its pitch at the PepsiCo Greenhouse Accelerator Program.
He highlighted the company’s alignment with KBW Ventures’ focus on climate technology and its potential to make a positive impact.
“This is the first Egyptian startup we’ve invested in,” Prince Khaled stated, emphasizing his belief in Egypt’s sustainability and energy potential. “NoorNation’s pitch convinced me of their ability to deliver tangible solutions.”
With the new funding, NoorNation is poised to expand its reach and accelerate its mission of providing sustainable energy and water solutions to underserved communities.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

Fintech startup, Sycamore, has emerged as the grand winner of the second edition of the Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation, securing a $100,000 prize.

The strategic funding is set to accelerate Money Fellows’ mission of transforming traditional savings and credit associations through its innovative tech-driven platform.

Zanifu, a Kenyan fintech company that provides inventory financing to micro, small, and medium-sized businesses (MSMEs), has raised $11.2 million in debt-equity funding in a pre-Series A round.