The investors who participated in the funding round include Knife Capital, Finnfund, DFC, Tim Koogle (ex-Yahoo CEO), Beyond Capital Ventures, Altree Capital, Bamboo Capital Partners’s BLOC Smart Africa Fund and Five 35 Ventures
Founded in 2016, Kasha aims to bridge the gap in access to women’s health products and personal care items, addressing the challenges faced by many women in obtaining these essential items discreetly and conveniently. The latest funding round marks a significant milestone for the company, enabling Kasha to expand its health access platform across Africa and further its mission of empowering women with affordable and confidential health solutions.
The $21 million Series B investment comes when there is a growing focus on women’s health and empowerment in Africa.Kasha’s efforts align with the United Nations Sustainable Development Goals (SDGs), particularly SDG 3 (Good Health and Well-Being) and SDG 5 (Gender Equality).
“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.
Hinckley E-Waste Recycling, a company based in Nigeria, has secured funding from Goodwell Investments and Alitheia Capital.
The International Finance Corporation (IFC) and Proparco have announced a joint investment of up to $50 million in Helios Sports and Entertainment Group (HSEG), a company focused on developing Africa’s sports, media, and entertainment industries.
British International Investment (BII), the UK government’s development finance institution, has invested £1.09 billion in African companies in 2024, aiming to support job creation, reduce dependency on aid, and address climate-related challenges.
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