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Tag: Investment News
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Catalyst Fund Invests $1.8M in 9 African Climate Startups
Catalyst Fund, an impact investor supporting early-stage climate tech startups in Africa, has announced a $1.8 million investment in nine promising ventures across the continent.
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African Vehicle Financing Startup Moove Secures $10 Million to Fuel India Expansion
Moove, a leading African vehicle financing startup, has announced securing $10 million in debt funding from Stride Ventures, a sector-agnostic venture debt firm.
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Nigerian AgTech Startup UfarmX Partners with Africa GreenTec to Help Farmers Tackle Post-Harvest Challenges
Nigerian AgTech startup UfarmX has joined forces with Africa GreenTec, a leading provider of sustainable energy solutions to empower women farmers in Senegal through customized solutions that promote sustainable development across the country’s agricultural value chain.
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Investment Firm Injaro Raises $17.5 Million to Back SMEs in Ghana and Ivory Coast
Injaro Investments Advisors Limited, a prominent Ghanaian investment firm, announced the successful closing of its Injaro Ghana Venture Capital Fund (IGVCF), securing GHS 216 million (USD 17.5 million).
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Kenyan Electric Vehicle Startup Roam Raises $24 Million to Accelerate African Expansion
Kenyan electric vehicle (EV) startup, Roam (formerly Opibus), has secured $24 million in combined debt and equity funding to fuel its expansion across Africa.
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Logidoo: Rising Star in African Logistics Secures $1.55 Million Seed Funding
Logidoo, a leading player in the African logistics and e-commerce space, has announced a significant seed funding boost of $1.55 million.
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Kenyan Healthtech Startup Ilara Health Secures $4.2 Million to Expand Access to Healthcare
Kenyan health-tech startup Ilara Health has raised $4.2 million in a pre-Series A funding round, fueled by both debt and equity investments.
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World Bank Pledges $120 Million for Kenya’s First-Ever Vaccine Facility
The World Bank has committed $120 million to support the construction of Kenya’s first-ever vaccine production facility.
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Airtel Africa Launches Telesonic to Revolutionize Wholesale Data Market in Africa
In a move set to shake up the African wholesale data landscape, Airtel Africa has announced the launch of Airtel Africa Telesonic Limited (Telesonic).