Tag: Digital Transformation

The Swiss Investment Fund for Emerging Markets (SIFEM) has confirmed its support for the Alterra Africa Accelerator Fund I, which is managed by Alterra Capital Partners.

Google has announced a $37 million investment to advance artificial intelligence (AI) initiatives across Africa.

Gather Ventures, a firm founded by Kenyan-born Jo Opot, has launched a climate-focused investment fund aimed at supporting women-led startups across Africa. The fund is financially supported by Rihanna’s Clara Lionel Foundation.

Flend, a financial technology company focused on small and medium-sized enterprise (SME) lending, has secured $3 million in seed funding through a combination of equity and debt financing.

The African Development Bank (AfDB) has committed $40 million in equity investment to Project Zafiri, a new initiative aimed at expanding access to renewable energy in Africa.

Moroccan startup ORA Technologies has raised $7.5 million in its Series A funding round.

A new company has been established to assist small and medium-sized enterprises (SMEs) in Zambia in securing long-term funding.

Rwazi, an African-founded artificial intelligence startup focused on market intelligence, has closed a $12 million Series A funding round.

Palm, a financial technology startup based in Egypt, has completed its pre-seed funding round.