Investment News Archives - Page 97 of 117

MFS Africa and Madagascar’s Mvola Partner to Facilitate Inbound International Money Transfers

Oct 27, 2023

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Pan-African digital payments network MFS Africa has joined forces with Mvola, the biggest mobile money provider in Madagascar, to pave the way for inbound international money transfers.

Ghanaian Startup Kofa Partners with TAILG Group to Introduce E-Bikes with Innovative Battery Swap Technology in Africa

Oct 27, 2023

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in Key developments

Ghanaian startup Kofa, a pioneer in battery network solutions, has teamed up with TAILG Group, a prominent electric vehicle (EV) brand hailing from China, to launch the Jidi electric motorcycle.

Kenyan Social Commerce Startup, Sukhiba Connect, Secures $1.5 Million to Expand Beyond Borders

Oct 27, 2023

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in New Investments

Sukhiba Connect, a pioneering Kenyan social commerce startup, has successfully raised $1.5 million in funding to fuel its expansion ambitions beyond the country’s borders.

Egyptian Ed-tech Startup, OBM Education, Secures Funding for Expansion

Oct 26, 2023

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in New Investments

OBM Education, an Egyptian educational technology startup, has announced a substantial six-figure funding round to expand its presence in Saudi Arabia.

Husk Power Systems Secures $103 Million in Series D Funding for Cleantech Expansion in Africa and Asia

Oct 26, 2023

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in New Investments

Husk Power Systems, a pioneering cleantech startup operating in Africa and Asia, has successfully concluded its Series D funding round, raising $103 million.

Kuramo Capital Management to Invest $150 Million in Female-Led Startups Across Africa

Oct 23, 2023

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in Key developments

Kuramo Capital Management, a prominent investment management firm with a focus on Sub-Saharan Africa (SSA), has announced its ambitious plan to invest $150 million in supporting female-led startups throughout the African continent over the next decade.

OceanHub Africa Accelerates Six Startups on a Journey to Sustainable Growth

Oct 22, 2023

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in Key developments

OceanHub Africa, a business accelerator for environmentally conscious startups, has concluded its fourth cohort with a boot camp for the six startups participating in the eight-month program.

Endeavor and FMO Launch Second Cohort of African Agritech Accelerator

Oct 21, 2023

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in Key developments

Endeavor and FMO, the Dutch entrepreneurial development bank, have announced the launch of the second cohort of their African Agritech Accelerator program.