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Tag: Investment News
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Kenyan Skincare Startup Uncover Secures $1.4 Million for US, Ghana, and Uganda Expansion
Uncover, a Kenyan innovator in personalized skincare, has secured $1.4 million in seed funding to fuel its expansion into the United States, Ghana, and Uganda.
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Norfund to Invest $307 Million in Electric Vehicle Startups in Kenya
Kenya’s push for green transportation has received a significant boost with a $307 million investment from Norwegian investment fund Norfund.
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BasiGo Rwanda Receives Grant to Boost Electric Bus Charging Infrastructure
BasiGo Rwanda has secured a significant grant to upgrade its charging infrastructure and support its growing fleet of electric buses in Kigali.
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Dubai’s Ride-Hailing App Hala Expands to Africa
Dubai’s ride-hailing app, Hala, has announced its first international expansion through a partnership with MwaslaTech, an Egyptian smart transport solutions provider.
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11 African Countries to Benefit from $16.2 Million Broadband Mapping Project
Eleven African nations are set to receive a share of a $16.2 million project aimed at establishing National Broadband Mapping Systems.
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UNDP and METI Team Up to Empower Six African Startups for Investment Success
Six African tech startups have been chosen as finalists for the “Meet the Tôshikas” program, a joint initiative by the United Nations Development Programme (UNDP) and Japan’s Ministry of Economy, Trade and Industry (METI).
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Innovate Africa Fund Launches with $2.5 Million to Empower Early-Stage African Startups
Innovate Africa, a newly established angel investment fund, has begun operations with an initial commitment of $2.5 million.
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UNDP Announces $1 Billion Initiative to Fuel African Startup Revolution
The United Nations Development Programme (UNDP) has partnered with African governments and private sector leaders to launch a groundbreaking initiative aimed at supercharging innovation and entrepreneurship across the continent.
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NuRAN Wireless Secures $5 Million Loan Facility to Expand Network in Africa
NuRAN Wireless, a leading provider of mobile and broadband wireless infrastructure solutions, has secured a $5 million loan facility with Cygnum Capital’s Facility for Energy Inclusion (FEI) to accelerate its network deployment in Africa.