Tag: Infrastructure Development
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Nuru, a leading renewable energy company, has secured over $40 million in funding to expand its efforts in providing access to clean and sustainable energy solutions
This significant investment will empower Nuru to expand its efforts in providing access to clean and sustainable energy solutions in DR Congo, heralding a new era of progress and environmental stewardship.
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Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC
The funding will be utilized to expand EastCastle’s telecom towers network across the Democratic Republic of Congo (DRC), bolstering connectivity and improving access to telecommunications services in the country.
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CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses
Key Developments CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses | Article CrossBoundary Energy, a leading provider of clean energy solutions in Africa, has secured $50 million in funding to accelerate the deployment of clean and reliable power solutions for businesses across the African continent. CrossBoundary Energy specializes in…
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Egyptian-based logistics startup Trella raises $3.5 million for scaling
Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.
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Yellow raises $14 million in Series B funding
Yellow, a leading PayGo solar startup in Africa, has secured $14 million in Series B funding to scale across Africa.
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Can Africa Manufacture Its Own Vaccines? Mastercard Foundation & IDP Partnership Is a Pivotal Step Towards Africa’s Health Independence
The Mastercard Foundation and the Institut Pasteur de Dakar (IDP) have unveiled a $45million partnership to strengthen Africa’s healthcare infrastructure and foster vaccine manufacturing autonomy.
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Ghanaian cleantech startup Kofa secures funding to make clean energy affordable and accessible
Kofa, a dynamic startup based in Ghana, has secured funding to revolutionize the energy sector with its pioneering Battery-as-a-Service (BaaS) model.
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Nigerian B2B e-commerce startup Sabi raises $38 million in Series B funding
The funding injection will fuel Sabi’s expansion plans, enhance its technological infrastructure, and bolster its market presence across multiple African countries.
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ADF, Smart African Alliance join forces to boost digital trade in Africa.
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.