Tag: Startup News

South African biotechnology company Immobazyme, founded in 2019 as a spin-off from Stellenbosch University, has secured $1.3 million in a recent funding round.

European venture capital firm Breega, known for its early-stage investments, has announced the launch of its first Africa-dedicated fund, “Breega Africa Seed I.”

Pan-African private equity firm Inspired Evolution has announced the second closing of its Evolution III fund, raising capital to support clean energy projects across the continent.

Candi Solar, a Swiss clean energy company, has secured $38 million in funding to accelerate its solar power solutions for commercial and industrial (C&I) customers in Africa and India.

Kenyan mobile operator Safaricom has partnered with fintech company Pezesha to offer micro-loans to users of its Pochi La Biashara business payment service.

Noki Noki, a fast-growing Congolese logistics company specializing in food delivery and grocery shopping assistance, has secured $3 million in seed funding.

Africa Data Centres, a leading provider of data center services in Africa, has secured $108.9 million in funding to expand its capacity in South Africa.

AgDevCo, a specialist investor in African agriculture, has announced a new investment in Cashew Coast, a leading cashew nut processing business in Côte d’Ivoire.

Renew Capital, a leading impact investor focused on Africa’s high-growth enterprises has announced a strategic investment in Zuri, a fast-rising beauty brand determined to transform the African beauty landscape.