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Asmau Ahmed 

Asmau Ahmed

Asmau Ahmed is a Nigerian-American entrepreneur, technology advocate, and beauty expert.

She is the founder and CEO of Plum Perfect, a mobile app that helps users find the perfect shade of makeup for their skin tone. Ahmed was born in Nigeria and raised in the United States. She studied chemical engineering at the University of Virginia and business administration at Columbia Business School. After graduating, she worked as a management consultant at McKinsey & Company.

In 2014, Ahmed founded Plum Perfect after being frustrated with the difficulty of finding the right shade of makeup.
The app uses artificial intelligence to match users’ skin tone to the perfect shade of makeup. Ahmed is also a passionate advocate for women in technology and entrepreneurship. She is a mentor to young entrepreneurs and has spoken at various conferences and events on the topics of technology and entrepreneurship.

In 2016, Ahmed was named one of the “Top 26 Women of Color Diversifying Entrepreneurship in Silicon Valley, Media, and Beyond” by Vanity Fair.
She was also recognized as a “Top Woman in Digital” by Cynopsis Media and “Black Business and Tech Professionals Changing the Game” by The Huffington Post. Ahmed is a role model for women and entrepreneurs around the world and an inspiration to many.

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Ghanaian agri-tech startup Oyster Agribusiness raises $310,000 in funding to accelerate its growth

New Investments

Ghanaian agri-tech startup Oyster Agribusiness raises $310,000 in funding to accelerate its growth

Oyster Agribusiness, a pioneering agricultural technology startup based in Ghana, has raised $310,000 in funding in its latest investment round.
 

The funding will further enhance and expand the company’s innovative agri-tech solutions, enabling increased productivity and sustainability within the agricultural sector.

The investment was in the form of grant and debt funding.

Founded in 2018, Oyster Agribusiness is on a mission to empower farmers through cutting-edge technology.

The startup has developed a range of digital tools and services that address critical challenges faced by farmers, including access to real-time weather data, crop monitoring, pest prediction, and market insights.

These solutions aim to improve crop yields, reduce losses, and ultimately increase farmers’ income.

The new investment will enable Oyster Agribusiness to accelerate its product development, expand its market reach, and further invest in research and development to refine its solutions continually.

The startup also aims to establish strategic partnerships with local agricultural organizations, cooperatives, and government agencies to foster knowledge exchange and collaborative initiatives.

As Oyster Agribusiness embarks on this exciting phase of growth, it holds the promise of transforming how farmers approach agriculture in Ghana, potentially serving as a model for innovation in agri-tech across the continent.

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“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.

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Ed Partners secures $1.5 million funding from Oikocredit to enhance access to quality education in Kenya

New Investments

Ed Partners secures $1.5 million funding from Oikocredit to enhance access to quality education in Kenya

Ed Partners has raised $1.5 million in debt funding from Oikocredit to enhance access to quality education in Kenya.
 

Ed Partners received the funding by partnering with the renowned international social impact investor.

This collaboration has been strategically designed to amplify educational opportunities for marginalized communities in Kenya and empower them through enhanced access to quality education and cutting-edge technology.

Oikocredit, distinguished for its unwavering dedication to fostering positive social and economic transformations, has established its position as a trailblazer in impact investing.

This partnership with Ed Partners is a testament to Oikocredit’s commitment to driving change within the educational sector and, by extension, the lives of individuals living in underserved communities.

Ed Partners’ focus on leveraging technology and forming strategic partnerships underscores its commitment to overcoming the multifaceted challenges faced by students in low-income areas.

The primary objective of Ed Partners is to ensure equitable access to high-quality education, effectively dismantling the barriers that often hinder educational progress.

The substantial $1.5 million investment from Oikocredit will be strategically allocated across several key initiatives, all poised to drive tangible change within the Kenyan education landscape.

A considerable portion of the funding will be dedicated to infusing technology into the learning experience.

With plans to equip schools with computers, tablets, and internet connectivity, Ed Partners envisions a future where students can seamlessly access online educational resources and platforms.

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“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.

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SA medtech startup VitruvianMD raises $1.25 million for innovative healthcare solutions

New Investments

SA medtech startup VitruvianMD raises $1.25 million for innovative healthcare solutions

VitruvianMD, a promising South African medtech startup focusing on innovative healthcare solutions, has raised $1.25 million in funding.
 

Social impact venture capital (VC) fund, The Nebula Fund, led the funding round.

The investment is set to catalyze the growth and expansion of VirtruvianMD’s cutting-edge medical technologies, with the potential to revolutionize healthcare services in South Africa and beyond.

The startup’s achievement follows a growing trend of African startups securing funding for groundbreaking initiatives.

The funding injection is expected to accelerate VitruvianMD’s efforts to address critical healthcare challenges by leveraging advanced technologies.

The company’s core focus lies in developing innovative solutions that enhance patient care, diagnostics, and medical data management.

These endeavors align with the global shift towards technology-driven healthcare solutions.

VitruvianMD’s flagship products include state-of-the-art medical devices that integrate artificial intelligence, data analytics, and user-friendly interfaces to improve patient outcomes and streamline medical processes.

As part of its expansion plans, VitruvianMD aims to further collaborate with medical institutions, research centers, and healthcare providers to integrate its technologies into existing healthcare systems.

The MedTech sector in South Africa has witnessed significant growth over the past few years, driven by a combination of factors, including an increasing demand for advanced healthcare services.

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“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.

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VC firm Founders Factory Africa secures $114 million to support African tech startups

New Investments

VC firm Founders Factory Africa secures $114 million to support African tech startups

Founders Factory Factory, a renowned venture capital company, has secured $114 million in funding to support and accelerate the growth of tech startups across Africa.
 

The substantial investment underscores the confidence in the continent’s burgeoning tech ecosystem and its potential to drive innovation and economic progress.

Founders Factory’s funding will be strategically distributed across a diverse portfolio of startups spanning various sectors, including fintech, health tech, agritech, edtech, and more.

This approach reflects the company’s commitment to nurturing innovation across multiple industries, focusing on harnessing technology for positive societal impact.

The significance of Founders Factory’s approach extends beyond monetary investment.

Selected startups will receive financial support and access to a network of seasoned mentors, industry experts, and successful entrepreneurs.

This comprehensive support system aims to accelerate the growth trajectory of these companies and position them as leaders in their respective fields.

“We are excited to have new and dynamic funding, which follows on from previous investments into Founders Factory Africa by Standard Bank Group, Small Foundation and Netcare Group,” Founders Factory Africa co-founder Alina Truhina said.

The Ksh.16 billion funding milestone marks a significant leap forward for Founders Factory and the African tech ecosystem, emphasizing the value of strategic investment in nurturing innovation and fostering sustainable development on the continent.

Since its inception in 2018, Founders Factory has catalyzed over 55 African tech startups.

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“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.

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Naadiya Moosajee

Naadiya Moosajee

Naadiya Moosajee is a remarkable South African engineer and entrepreneur, who stands out as a beacon of inspiration and a driving force for gender diversity in the engineering realm.

Her journey took a remarkable turn when she founded WomHub, an innovative company supporting high-growth female founders in STEM through our engineering labs, co-working space and fund. The organization is dedicated to breaking down barriers and empowering women in the engineering industry.

Through WomHub, Naadiya and her team have tirelessly worked to bridge the gender gap in engineering by providing mentorship, skill development, and networking opportunities for aspiring female engineers.
Their efforts have not only nurtured a supportive community for women in STEM but also instigated vital conversations about inclusivity and equality.

Under Naadiya’s leadership, WomHub has grown into an international movement, creating ripples of change across continents.
From workshops and conferences to scholarships and advocacy campaigns, Naadiya’s dedication to leveling the playing field for women in engineering has left an indelible mark on the industry. Her belief in the potential of women to drive innovation and solve complex challenges has sparked a positive transformation, inspiring young girls to dream big and pursue their engineering passions.

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Joe Kinvi 

He has a strong background in finance, having held significant roles such as Head of Finance at Touchtech Payments, which was acquired by Stripe, as well as positions at Stripe and Paystack.

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Rodrigue Msechu

Rodrigue Msechu

Rodrigue Msechu is a Tanzanian entrepreneur and business advisor. He is the founder and CEO of Anza Strategy, a business advisory firm that helps companies enter and grow in the African market.

After graduating from university, Msechu worked as an international trade adviser at the French embassy in Nairobi. In this role, he helped French companies to invest in and trade with East Africa. He later founded Anza Strategy to help companies to enter and grow in the African market by providing market intelligence, business advisory services, and investment matchmaking services. The company has advised more than 30 companies from four continents on their African expansion plans.

Msechu is a passionate advocate for economic development in Africa. He is a member of the African Business Leaders Network and the Young Presidents’ Organization. He is also a mentor to young entrepreneurs in Tanzania.

In 2019, he was named to the Forbes 30 Under 30 list in Africa, and his work was recognized for helping to promote economic transformation in Africa.
Msechu is a rising star in the African business community. He is a visionary entrepreneur committed to making a difference in the continent. He is an inspiration to young people across Africa who are looking to build successful businesses and contribute to the continent’s development.

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Esther Mwaniki

Esther is a Kenyan leadership development expert passionate about shaping the next generation of African leaders.

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Doaa Aref

Doaa Aref is a trailblazing Egyptian tech entrepreneur and a passionate advocate for women in tech.

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Chido Cleopatra Mpemba

Chido Cleopatra Mpemba

Chido is a trailblazer making waves in the realms of youth empowerment, leadership, and environmental advocacy in Africa and beyond.

From her early days, she embarked on a journey fuelled by a deep-rooted desire to uplift the voices of the youth and inspire positive change. Her dedication led her to work closely with organizations such as Generation Unlimited, where she has played a pivotal role in creating opportunities for young minds to unleash their potential and drive innovation.

She is currently serving as the Youth Envoy at the African Union Commission.
As the African Union Youth Envoy, Chido has become a resounding voice for the aspirations of the African youth. Her efforts to amplify their concerns on the regional and international stage have earned her admiration and respect across borders.

By advocating for policies that prioritize youth development, education, and employment, she paves the way for a brighter future for countless young individuals.
Her commitment to environmental sustainability is equally inspiring.

Through her endeavours, she underscores the importance of collective action in tackling the urgent environmental challenges we face today.
She was recently recognized with the International Environmental Leadership Award, a testament to her dedication to safeguarding our planet.

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Juliana Rotich

Juliana is a Kenyan technologist, social entrepreneur, and influential figure in technology and innovation.

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Njavwa Mutambo 

Njavwa Mutambo

Njavwa Mutambo is a Zambian serial entrepreneur with over ten years of experience in the technology industry.

He is passionate about using technology to solve real-world problems. Njavwa is the founder and CEO of Caantin, formerly TopUp Mama, a platform that builds technology and products that help restaurant entrepreneurs manage, purchase, and finance their inventory.

Powered by AI, Caantin is building infrastructure to enable commerce and level the playing field for all, from mom-and-pop restaurants to local fruit suppliers, to increase global GDP. Njavwa previously worked at Lori in a Global Product Operations role and co-founded Musanga Logistics. This logistics company provides last-mile delivery services to businesses in Kenya. He inspires entrepreneurs and changemakers across Africa and mentors budding entrepreneurs at Google for Startups.


Powered by AI, Caantin is building infrastructure to enable commerce and level the playing field for all, from mom-and-pop restaurants to local fruit suppliers, to increase global GDP.
Njavwa previously worked at Lori in a Global Product Operations role and co-founded Musanga Logistics. This logistics company provides last-mile delivery services to businesses in Kenya. He inspires entrepreneurs and changemakers across Africa and mentors budding entrepreneurs at Google for Startups.

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 Amy Sarr Fall

Amy Sarr Fall is a prominent Senegalese figure known for her multifaceted contributions to journalism, education, and women’s rights.

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Ohemaa Adjei Andoh

Ohemaa Adjei Andoh is a notable individual with a significant impact in the fields of science, technology, engineering, and mathematics (STEM) in Ghana.

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