Tag: Investment News
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Kenyan Electric Vehicle Startup Roam Raises $24 Million to Accelerate African Expansion
Kenyan electric vehicle (EV) startup, Roam (formerly Opibus), has secured $24 million in combined debt and equity funding to fuel its expansion across Africa.
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Logidoo: Rising Star in African Logistics Secures $1.55 Million Seed Funding
Logidoo, a leading player in the African logistics and e-commerce space, has announced a significant seed funding boost of $1.55 million.
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Kenyan Healthtech Startup Ilara Health Secures $4.2 Million to Expand Access to Healthcare
Kenyan health-tech startup Ilara Health has raised $4.2 million in a pre-Series A funding round, fueled by both debt and equity investments.
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World Bank Pledges $120 Million for Kenya’s First-Ever Vaccine Facility
The World Bank has committed $120 million to support the construction of Kenya’s first-ever vaccine production facility.
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Airtel Africa Launches Telesonic to Revolutionize Wholesale Data Market in Africa
In a move set to shake up the African wholesale data landscape, Airtel Africa has announced the launch of Airtel Africa Telesonic Limited (Telesonic).
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Senegalese Startup Kwely Secures Funding to Expand Made-in-Africa Products Globally
Senegalese startup Kwely has secured funding from Fuzé, a venture capital arm of leading investment group Digital Africa.
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Ghana’s Remoteli Secures Funding to Connect African Tech Talent and Fuel Expansion
Ghanaian tech talent startup Remoteli has secured £250,000 ($314,824) in pre-seed funding to fuel its expansion across Africa.
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Glovo Launches Africa Graduate Program for Young Talent
Leading on-demand delivery platform Glovo has announced the launch of the Glovo Africa Graduate Program, an initiative designed to empower and develop young Kenyan talent with aspirations in the tech industry.
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Nigerian Edtech Startup Klas Secures $1 Million to Empower Aspiring Educators Globally
Nigerian edtech startup Klas has raised $1 million in pre-seed funding to fuel its mission of making online education accessible and empowering content creators worldwide.