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Tag: Investment News
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Kenyan Agritech Startup Farm to Feed Secures Funding to Reduce Food Loss
Kenyan agri-tech startup Farm to Feed has secured funding from Renew Capital, a pan-African investment firm, to help them scale their operations. The exact amount of funding was not disclosed.
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Nigerian Food Delivery Startup Chowdeck Secures $2.5 Million in Seed Funding
Chowdeck, a fast-growing Nigerian on-demand delivery service, has secured $2.5 million in seed funding to fuel its expansion plans within the country.
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Egyptian Group-Buying Startup Waffarha Secures Funding for Expansion
Egyptian group-buying startup Waffarha has secured a seven-figure seed round to fuel its growth plans.
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Ethiopian Upcycling Startup Kubik Raises $1.9 Million For Scaling
Kubik, an Ethiopian innovator in plastic upcycling for construction, has secured an additional $1.9 million in seed funding.
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Malawi: Amped Innovation and Green Impact Technologies to Electrify 15,000 Rural Households With Solar Power
In a bid to tackle the challenge of limited electricity access in Malawi, two startups, Green Impact Technologies (GIT) and Amped Innovation, have joined forces to bring solar power to rural households.
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AfriLabs and Emerge Green Africa Join Forces to Drive Green Development in Africa
In a collaborative effort to propel Africa’s transition towards a sustainable future, AfriLabs, a pan-African network of innovation hubs, has partnered with Emerge Green Africa.
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Rwanda Launches Africa’s First Center for Fourth Industrial Revolution
The Rwandan Ministry of Information Communication Technology and Innovation, alongside the World Economic Forum, launched the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda, marking a first for the African continent.
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African Pre-Seed Investor Madica Announces Funding for Three Startups
Madica, an African-focused investment program targeting early-stage startups, revealed its inaugural investments in three promising companies: Kola Market (Ghana), GoBEBA (Kenya), and NewForm Foods (South Africa).
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18 African Clean Energy Companies Selected for ELEVATE Program to Bridge Funding Gap
Ride-hailing company Bolt has introduced electric motorcycles to its Kenyan fleet.