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Tag: Digital Transformation
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Norfund to Invest $307 Million in Electric Vehicle Startups in Kenya
Kenya’s push for green transportation has received a significant boost with a $307 million investment from Norwegian investment fund Norfund.
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BasiGo Rwanda Receives Grant to Boost Electric Bus Charging Infrastructure
BasiGo Rwanda has secured a significant grant to upgrade its charging infrastructure and support its growing fleet of electric buses in Kigali.
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11 African Countries to Benefit from $16.2 Million Broadband Mapping Project
Eleven African nations are set to receive a share of a $16.2 million project aimed at establishing National Broadband Mapping Systems.
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UNDP and METI Team Up to Empower Six African Startups for Investment Success
Six African tech startups have been chosen as finalists for the “Meet the Tôshikas” program, a joint initiative by the United Nations Development Programme (UNDP) and Japan’s Ministry of Economy, Trade and Industry (METI).
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Innovate Africa Fund Launches with $2.5 Million to Empower Early-Stage African Startups
Innovate Africa, a newly established angel investment fund, has begun operations with an initial commitment of $2.5 million.
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UNDP Announces $1 Billion Initiative to Fuel African Startup Revolution
The United Nations Development Programme (UNDP) has partnered with African governments and private sector leaders to launch a groundbreaking initiative aimed at supercharging innovation and entrepreneurship across the continent.
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NuRAN Wireless Secures $5 Million Loan Facility to Expand Network in Africa
NuRAN Wireless, a leading provider of mobile and broadband wireless infrastructure solutions, has secured a $5 million loan facility with Cygnum Capital’s Facility for Energy Inclusion (FEI) to accelerate its network deployment in Africa.
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Tanzanian Fintech NALA Secures $40 Million in Series A Funding to Expand Services
Tanzanian fintech startup NALA has secured $40 million in a Series A funding round, one of the largest of its kind in Africa according to TechCrunch.
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BFA Global, FSD Africa, and IUCN Select 10 African Startups for Blue and Green Economy Initiatives
Ten African startups have been chosen to receive funding as part of the Africa Blue Wave and Regen Wave initiatives, a collaborative effort to unlock solutions for a sustainable future.