Investment News Archives - Page 111 of 117

AI company Flapmax launches program to help African startups scale up and raise capital

Jul 13, 2023

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The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.

Invest International injects $10.8M in uMunthu II Fund to support African SMEs

Jul 10, 2023

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in Key developments

By providing capital, strategic guidance, and mentorship, the fund aims to unlock the growth potential of African businesses and contribute to their long-term success

Chari, a Moroccan e-commerce startup, raises $1.5 million to revolutionize the African retail industry

Jul 7, 2023

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in New Investments

Founded in 2020, Chari has developed an advanced e-commerce platform that aims to bridge the gap between traditional brick-and-mortar stores and online shopping experiences.

Nigerian fintech Zuvy secures $4.5 million debt funding to provide invoice financing for African SMEs

Jul 7, 2023

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in New Investments

Nigerian tech startup, Zuvy Technologies, has raised $4.5 million in a recent funding round to provide invoice financing for African SMEs.

MYDAWA, a leading Kenyan e-health startup, has raised $20 million to fund its mission of becoming an all-in-one health platform for consumers

Jul 7, 2023

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in New Investments

The investment was made by Alta Semper Capital LLP , a dedicated frontier-markets private equity firm investing in flexible and strategic capital in healthcare and consumer opportunities.

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

Jul 7, 2023

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in Key developments

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.

Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC

Jul 7, 2023

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in Key developments

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.

Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market

Jul 7, 2023

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in Key developments

Kyosk aims to leverage its technological prowess to streamline the supply chain, enhance convenience, and improve access to high-quality fresh produce across the continent.