The Empower Africa Business Platform is Now Live !!!
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.

MTN South Africa, together with American satellite company Lynk Global, has successfully carried out Africa’s first satellite phone call using a regular smartphone.

The Global Fund to Fight AIDS, Tuberculosis and Malaria has procured its first-ever supply of first-line HIV treatment produced in Africa.

Gozem, the leading super app in Francophone Africa, has acquired Beninese fintech startup Moneex in an undisclosed deal.