Tag: Investment News
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Ghanaian cleantech startup Kofa secures funding to make clean energy affordable and accessible
Kofa, a dynamic startup based in Ghana, has secured funding to revolutionize the energy sector with its pioneering Battery-as-a-Service (BaaS) model.
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Nigerian B2B e-commerce startup Sabi raises $38 million in Series B funding
The funding injection will fuel Sabi’s expansion plans, enhance its technological infrastructure, and bolster its market presence across multiple African countries.
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Kenya to launch 1 million locally assembled smartphones by July
The Kenyan government, in collaboration with industry stakeholders, is implementing the comprehensive plan to promote domestic smartphone assembly.
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AfDB approves $11 million to facilitate fertilizer access for African farmers
AfDB apportioned the funding to the African Fertilizer Financing Mechanism (AFFM).
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E3 Capital and Lion’s Head Climate Fund secure $48M to empower climate-focused startups in Africa
The two firms have joined forces to bridge the funding gap and support promising startups addressing climate change challenges in Africa
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Kenyan end-to-end fundraising startup, Raise, has secured undisclosed funding from San Francisco-based firm, Carta
Founded in 2018, Raise is on a mission to help African startups to manage equity, seed rounds, legal compliance, and close deals faster.
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Cameroon-based fintech Nkwa App secures $15,000 in funding to accelerate financial inclusion and promote a saving culture
Cameroon-based fintech startup Nkwa App has raised $15,000 in Seed Funding to accelerate financial inclusion and promote a saving culture.
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Nigerian cold-chain startup Figorr (Formerly Gricd) raises $1.5 million to revolutionize perishables insurance
Nigerian cold-chain startup Figorr (Formerly Gricd) has raised $1.5 million in seed funding to revolutionize perishables insurance with a data-driven approach.
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Madagascar gets $227 million from World Bank and the French Development Agency to boost climate-smart agriculture
The World Bank and the French Development Agency (Agence Française de Développement) are providing $227 million in financing to Madagascar to help the country boost its climate-smart agriculture sector.