Tag: Investment News
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Endeavor Kenya Launches ScaleUp Program to Support High-Growth Founders
Endeavor Kenya, a non-profit organization that supports high-impact entrepreneurs, has announced the launch of the ScaleUp Program, its inaugural cohort-based initiative for high-growth founders in East Africa.
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Saviu Ventures Secures $13 Million in First Close of Second Fund
Saviu Ventures, a leading venture capital firm dedicated to investing in promising startups across Francophone Africa, has successfully reached the first close of its second fund, Saviu II.
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South African Logistics Startup GoMetro Raises $11.4M in Series A for Global Expansion
GoMetro, a pioneering South African tech company specializing in fleet management solutions, has successfully secured $11.4 million in its Series A funding round.
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Egyptian Startup Nawah Scientific Becomes First African Entity to Receive US-FDA Accreditation for Food Analysis
Egyptian startup Nawah Scientific has become the first African entity to receive US-FDA accreditation for food analysis.
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TomorrowNow Secures $5 Million to Impact 20 Million Farmers in Africa With Weather and Climate Data Services
TomorrowNow, a non-profit organization dedicated to enhancing climate resilience in Africa, has secured an additional $5 million grant from the Bill and Melinda Gates Foundation.
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Kenyan Agritech Startup Twiga Secures Funding Amidst Workforce Restructuring
Twiga Foods, a Kenyan agritech startup that connects farmers to food vendors, has secured an undisclosed amount of funding from a group of investors, including Creadev and Juven.
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Aquarech Secures $1.7 Million to Empower Kenyan Fish Farmers
Aquarech, a Kenyan fish farming startup, has announced a successful $1.7 million equity funding round that will fuel its mission to empower small-scale fish farmers in Kenya.
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Vodacom Launches Groundbreaking Digital Solutions to Revolutionize Public Healthcare in South Africa
Vodacom, in collaboration with the Free State Department of Health, has introduced digital health solutions to enhance medical care in public hospitals across the province.
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Egyptian E-Commerce Platform WayUp Sports Secures Seed Funding for Regional Expansion
WayUp Sports, an Egyptian e-commerce platform specializing in performance-based sports gear, has secured a seed round of funding to fuel its regional expansion, launch a private brand, and enhance user experience across its application and website.