Tag: Tech News

Ethiopian electric vehicle (EV) startup Dodai has raised $4 million in its Series A funding round, marking a significant milestone for the company and the Ethiopian startup ecosystem.

Simera Sense, a leading provider of optical solutions for Earth observation satellites, has secured €13.5 million (US$14.75 million) in a growth funding round.

The Bimalab Africa Insurtech Accelerator Program has secured a significant funding boost of $600,000 from the Swiss Re Foundation.

South Africa car subscription startup Planet42 has secured $16 million (R300 million) in local currency debt and equity funding from Standard Bank.

TowerCo of Africa Uganda, a telecommunications infrastructure company, has secured $40 million in long-term financing to improve mobile phone network coverage in rural areas across the East African nation.

African women leading innovative healthcare startups are invited to apply for support from Villgro Africa, a healthcare-focused incubator and investor.

South Africa’s RecoMed, a leading digital healthcare marketplace, has secured a significant investment from Japanese pharmaceutical giant Eisai.

Moroccan startup Tookeez, a pioneer in leveraging blockchain technology to improve customer loyalty programs, has secured $1.5 million in funding.

Conducive Capital, a newly formed South African venture capital company, has unveiled a $50 million fund dedicated to fostering innovation across the African continent.