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Tag: Investment News
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Egyptian Delivery Startup Bosta Gears Up for Growth with New Investment from Axian Group
Egyptian logistics startup Bosta is gearing up for further expansion after securing a fresh investment from Axian Group, a pan-African group and investment firm.
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Tanzanian Health-Tech Startup Dawa Mkononi Secures Funding to Boost Healthcare Access
Dawa Mkononi, a Tanzanian tech company revolutionizing medicine distribution in East Africa, has secured funding from esteemed investors like Sanofi, Pontem Ventures, and Villgro Africa.
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Pan-African Eyewear Startup Lapaire Raises $3 Million to Expand Across Africa
Lapaire, the African eyewear startup providing stylish and affordable glasses to the continent, is scaling up its vision with a fresh $3 million investment.
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Mastercard and Illicocash Partner to Unlock E-Commerce in DRC with Virtual Card Program
A game-changing partnership between Mastercard and Illicocash, the fintech arm of Rawbank, is opening doors to e-commerce for millions in the Democratic Republic of Congo (DRC).
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AfDB Launches $1 Billion Fund to Insure 40 Million African Farmers From Effects of Climate Change
AfDB has launched a $1 billion fund called the African Climate Risk Insurance Facility for Adaptation (ACRIFA) to insure African farmers.
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Mbay Mobility to Introduce 33,000 Electric Taxis in West Africa By 2033
E-mobility startup Mbay Mobility is embarking on an ambitious mission to electrify taxi fleets in Dakar, Abidjan, and Accra.
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African Startups Invited to Apply for Norrsken’s $125k Accelerator Program
Norrsken has opened applications for its Norrsken Accelerator program.
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Seedstars Africa Ventures Secures $30 Million From EIB Global to Back African Startups
European Investment Bank (EIB) Global has injected $30 million into Seedstars Africa Ventures I, a venture capital fund empowering African startups and businesses through risk capital.
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Digital Africa Invests in Four African Startups, Expands its Investment Portfolio Under Fuzé Initiative
Digital Africa, a leading venture capital firm, has announced strategic investments in four innovative startups across Africa, demonstrating its commitment to empowering tech solutions tailored to the continent’s economic landscape.