Tag: Investment News
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Kenya Opens Center of Excellence for Biodiversity and Climate in Nairobi
Kenya has opened a center of excellence for biodiversity and climate in Nairobi.
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AfDB Approves $20 Million Grant to Boost Food Security and Water Access in Senegal
The African Development Bank (AfDB) has pledged $20 million to bolster food security and water access for vulnerable communities in Senegal.
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Janngo Capital Raises $4.3 Million From ANAVA to Back Francophone African Startups and Women-Led Businesses
The Janngo Capital Startup Fund (JCSF), a venture capital fund focused on Africa, has secured €4 million (US$4.3 million) in equity investments from ANAVA, Tunisia’s first euro-denominated fund of funds.
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Climate-Focused VC Firm Satgana Secures €8 Million for Early-Stage Startups in Africa and Europe
Satgana, a venture capital (VC) firm specializing in climate solutions, announced the final close of its first fund.
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IFC Invests $10.5 Million in 4DX Ventures to Boost African Tech Startups
The International Finance Corporation (IFC) has announced a $10.5 million investment in 4DX Ventures, a venture capital firm supporting early-stage tech companies in Africa.
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Egyptian Edtech Startup Sprints Secures $3 Million to Fuel Global Expansion
Sprints, a leading Egyptian provider of AI-powered education technology (edtech), has secured $3 million in a bridge funding round.
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Kenyan Electric Bus Startup BasiGo Secures $3 Million Funding for East Africa Expansion
BasiGo, a Kenyan electric mobility company, has secured KSh396 million ($3 million) in equity funding from CFAO Group.
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Egyptian Digital Marketplace Pharmacy Marts Secures Funding for Growth and Expansion
Pharmacy Marts, a leading digital marketplace for pharmacies in Egypt, has secured a six-figure bridge round of funding from Acasia Ventures, an early-stage venture capital firm.
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Pan-African Talent Cloud Company Gebeya Partners with O’Reilly to Upskill African Workforce
Gebeya, a leading Pan-African talent cloud company, has announced a strategic partnership with O’Reilly, a respected provider of technology and business learning solutions, to empower African professionals in the digital age.