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Tag: Investment News
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Sawari Ventures to Back Egyptian Tech Startups with New $150 Million Fund
Cairo-based venture capital firm Sawari Ventures has announced a plan to launch a new $150 million investment fund dedicated to supporting Egyptian startups.
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Gebeya Transforms: From EdTech Startup to All-in-One Talent Cloud Provider
Gebeya, a pioneer in African tech talent development, has announced a significant shift in its focus, transitioning from a SaaS-enabled tech talent marketplace to an all-in-one talent cloud provider.
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South African Climate Startup Hohm Energy Secures $8 Million to Scale Rooftop Solar Adoption
Hohm Energy, a South African climate tech startup, has raised $8 million in seed funding to accelerate its mission of bringing affordable and accessible rooftop solar solutions to individuals and businesses across the country.
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UK E-Mobility Startup OX Delivers Gears Up for Africa Expansion with $1.5 Million Grant
OX Delivers, a British e-mobility transport service, has secured a £1.2 million ($1.5 million) grant from Energy Catalyst, an Innovate UK program.
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Mastercard and Glovo Partner to Launch School Feeding Program in Kenya and Nigeria
Mastercard and Glovo, a leading app connecting users with diverse services, have joined forces to combat hunger and support education in underserved communities across Kenya and Nigeria.
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Nigerian Fintech Mamamoni Secures €250,000 Funding
Mamamoni, a Nigerian fintech social enterprise dedicated to empowering low-income women, has received a €250,000 grant from the Challenge For Youth Employment (CFYE).
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Global VC Partech Closes $300 Million Fund for African Startups
Leading global venture capital firm Partech has announced the final closing of its Partech Africa II fund, securing €280 million (over $300 million) to fuel the growth of African startups across diverse sectors.
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Ghanaian Logistics Startup Jetstream Africa Unveils AI-Powered Platform to Boost Cross-Border Trade in Africa
Ghanaian digital freight forwarder Jetstream Africa has launched Jetvision.ai, an artificial intelligence-powered platform aimed at streamlining cross-border trade across the continent.
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Nigerian Cleantech Startup Arnergy Secures $3 Million Funding, Eyes Series B
Arnergy, a Nigerian cleantech startup specializing in distributed renewable energy solutions, has raised $3 million in a bridge round led by All On, an off-grid energy impact investment company supported by Shell.