Key Developments
The Baobab Network funds five promising startups
The Baobab Network, a Nairobi-based accelerator and investment firm, has invested $50,000 into five promising African startups
The move significantly boosts the continent’s entrepreneurial ecosystem and reflects The Baobab Network’s commitment to supporting and nurturing innovative ventures across Africa. The Baobab Network, known for its focus on early-stage startups, provides selected entrepreneurs with mentorship, tailored training, and access to an extensive network of investors and industry experts.
By investing in these startups, The Baobab Network aims to foster their growth, enhance their market viability, and increase their chances of success. The five startups selected for investment demonstrate diverse solutions, addressing key challenges across various sectors.
- Afrigility (Kenya)
- Eazy Chain,Inc. (Togo)
- MuduPay (Guinea)
- ePoultry Africa (Nigeria)
- Colis (Morocco)
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
M-Kopa secures $250 million in one of Africa’s biggest tech fundraisings
M-KOPA, a pioneering company in the field of asset financing and renewable energy solutions in Africa, has secured over $250 million in a combination of debt and equity funding.
MFS Africa and Madagascar’s Mvola Partner to Facilitate Inbound International Money Transfers
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.
Timbuktoo: UNDP Launches $1 Billion Innovation Fund to Back African Startups
The United Nations Development Programme (UNDP) has launched timbuktoo, a $1 billion innovation fund aimed at backing African startups.
