Tag: Investment News
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Malawi: Amped Innovation and Green Impact Technologies to Electrify 15,000 Rural Households With Solar Power
In a bid to tackle the challenge of limited electricity access in Malawi, two startups, Green Impact Technologies (GIT) and Amped Innovation, have joined forces to bring solar power to rural households.
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AfriLabs and Emerge Green Africa Join Forces to Drive Green Development in Africa
In a collaborative effort to propel Africa’s transition towards a sustainable future, AfriLabs, a pan-African network of innovation hubs, has partnered with Emerge Green Africa.
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Rwanda Launches Africa’s First Center for Fourth Industrial Revolution
The Rwandan Ministry of Information Communication Technology and Innovation, alongside the World Economic Forum, launched the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda, marking a first for the African continent.
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African Pre-Seed Investor Madica Announces Funding for Three Startups
Madica, an African-focused investment program targeting early-stage startups, revealed its inaugural investments in three promising companies: Kola Market (Ghana), GoBEBA (Kenya), and NewForm Foods (South Africa).
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18 African Clean Energy Companies Selected for ELEVATE Program to Bridge Funding Gap
Ride-hailing company Bolt has introduced electric motorcycles to its Kenyan fleet.
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SA Edtech HyperionDev Secures $5 Million in Funding to Drive Tech Skills
South African tech education provider HyperionDev announced securing R95 million (approximately $5 million) in a new funding round. This latest investment brings the company’s total growth capital to R595 million ($31.1 million).
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Bolt, MKOPA Partner to Launch Electric Motorcycles in Kenya
Ride-hailing company Bolt has introduced electric motorcycles to its Kenyan fleet.
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Egyptian Fintech Startup Bokra Secures $4.6 Million to Disrupt Wealth Management in MENA
Bokra, an Egyptian fintech company, has successfully closed a pre-seed funding round of $4.6 million.
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TLcom Capital Closes $154 Million Fund for Early-Stage African Startups
TLcom Capital, a leading African venture capital firm, announced the final close of its second fund, TIDE Africa Fund II, at $154 million.