Investment News Archives - Page 121 of 149

Ampersand Secures $19.5 Million for Electric Motorcycle Expansion in Africa

Dec 21, 2023

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Ampersand, Africa’s pioneering electric transport energy company, has secured $19.5 million in funding to scale its operations across the continent.

BioNTech Launches First Manufacturing Plant for mRNA Vaccines in Africa in Rwanda

Dec 19, 2023

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in Key developments

German biotech giant BioNTech has taken a significant step toward its ambitious goal of producing mRNA vaccines in Africa by setting up the first BioNTainer at its manufacturing facility in Kigali, Rwanda.

Ghanaian-Swiss Cocoa Upcycling Startup Koa Secures US$15 Million to Revolutionize Industry

Dec 19, 2023

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in New Investments

Koa, a Swiss-Ghanaian cocoa upcycling startup, has secured a landmark US$15 million investment in its Series B funding round to transform the cocoa industry with its innovative approach to sustainability and farmer empowerment.

Egyptian Healthtech Chefaa Secures $5.25 Million for Expansion

Dec 18, 2023

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in New Investments

Egyptian healthtech startup Chefaa has received a $5.25 million boost in a funding round co-led by Newtown Partners (South Africa) and Global Brain (Japan).

E4E Africa Secures $30 Million in First Close for Fund II to Empower Impactful Startus in Africa

Dec 18, 2023

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in New Investments

South Africa’s E4E Africa, a venture capital firm powered by entrepreneurs, has secured $30 million for the first close of its E4E Africa Fund II.

Techstars Selects 12 African Startups for its Second Cohort for Lagos Accelerator Program

Dec 18, 2023

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in Key developments

Techstars, a global accelerator renowned for its active investment in the African continent, has unveiled its second cohort for the Lagos-based accelerator program.

South African Shipping Startup TUNL Secures $1 Million for Expansion

Dec 15, 2023

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in New Investments

TUNL, a South African e-commerce logistics platform, has secured $1 million in pre-seed funding to tackle exorbitant international shipping costs and empower local businesses.

IFC Invests in Biovac to Boost Africa’s Vaccine Production

Dec 15, 2023

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in Key developments

The International Finance Corporation (IFC) has announced an investment and advisory support package for Biovac, a leading South African biopharmaceutical company.