Tag: Tech News

TLcom Capital, a leading African venture capital firm, announced the final close of its second fund, TIDE Africa Fund II, at $154 million.

The International Finance Corporation (IFC), a member of the World Bank Group focused on private sector development, is providing a significant boost to South Africa’s ongoing energy transition and affordable housing initiatives.

South African artificial intelligence (AI) software company Spatialedge has secured R60 million (approximately $3.15 million USD) in funding from Hlayisani Growth Fund.

Spark+ General Partner, a leader in clean cooking investment, announced significant progress in fundraising for the Spark+ Africa Fund.

Nigerian retail technology company OmniRetail has launched its Series A fundraising round with an initial investment from Goodwell Investments, a leading impact investor.

The European Investment Bank (EIB) and Bank of Kigali have joined forces to provide a €100 million financing package for agroecological projects in Rwanda.

Kenyan agricultural technology company Pula has secured $20 million in a Series B funding round.

SunCulture, a Kenyan company providing solar-powered irrigation solutions and agricultural technology to smallholder farmers, has secured a significant investment of $27.5 million in a Series B funding round.

Twelve African entrepreneurs were celebrated for their innovative solutions to poverty during the inaugural FINCA Ventures Prize Competition.