The Empower Africa Business Platform is Now Live !!!
This funding round, led by a consortium of renowned investors, including INCO Ventures, Al Mada Ventures, Janngo Capital, and Open CNP, will fuel Susu’s mission to revolutionize healthcare access in Francophone Africa.
Founded in 2019, Susu tackles the critical challenge of bridging the healthcare gap in Africa, where rapid population growth coincides with a rise in chronic diseases like diabetes and hypertension.
Their innovative solution lies in a comprehensive digital platform connecting beneficiaries, medical providers, financial contributors, and internal teams.
This 360° approach, coupled with partnerships with top healthcare providers, ensures a high-quality medical network at the fingertips of users.
Susu’s unique offerings extend beyond traditional healthcare.
They provide both local and international health insurance coverage alongside tailor-made “health bundles” catering to specific needs.
Importantly, the startup leverages innovative financing models, enabling third-party contributions from the African diaspora, relatives, employers, and even charities.
“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.

Standard Chartered Bank and British International Investment (BII), the UK’s development finance institution, have signed a $350 million risk participation agreement aimed at supporting the trade finance needs of small and medium-sized enterprises (SMEs) and corporates in Africa and South Asia.

Salient Predictions, a startup that develops AI-powered weather forecasting solutions, has secured a $2.9 million grant courtesy of the Bill & Melinda Gates Foundation.

The startup funding landscape in Africa in 2023 was a mixed bag of encouraging growth and cautious optimism amidst global economic headwinds.