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Tag: Investment News
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Egyptian Health Insurance Startup Sehatech Raises $850k to Digitize Healthcare
Sehatech, an Egyptian health insurance startup that uses technology to automate medical approvals, claims processing, and billing, has raised $850k in funding.
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UAE Pledges $4.5 Billion to Help Africa Transition to Clean Energy
The United Arab Emirates (UAE) has pledged $4.5 billion to help African countries transition to clean energy.
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Okra Secures $12 Million Series A to Power Mesh-Grid Electrification in Africa
Okra, a solar technology company bringing solar power to grids in developing areas, has raised $12 million in Series A funding.
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Nigerian Startup Itana to Create Africa’s First Digital Free Zone Following $2M Pre-Seed Funding
Itana, a Nigerian startup that is building Africa’s first Digital Free Zone, has raised $2 million in pre-seed funding.
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Google Names Alex Okosi as Managing Director for Africa
Google has announced the appointment of Alex Okosi as Managing Director for Africa.
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Catalyst Fund Closes $40 Million Fund to Back Next Generation of African Climate-Tech Startups
The Catalyst Fund, a pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, today announced the successful first closing of its $40 million fund.
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Nigerian Embedded Finance Platform Anchor Raises $2.4 Million in Seed Funding for Expansion
Nigerian fintech startup Anchor has successfully secured $2.4 million in seed funding to further its mission of transforming the financial landscape in Nigeria.
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Ugandan Fintech Asaak Acquires Mexican Startup FlexClub to Expand into Latin America
Asaak, a leading Ugandan fintech company, has acquired FlexClub, a Mexican startup that provides car financing for Uber drivers.
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Uber Launches Its First Electric Motorbikes in Africa in Nairobi, Kenya
Ride-hailing giant Uber has launched an electric motorbike service in Kenya, its first in Africa.