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...
COMESA Unveils Digital Payment Platform to Boost Intra-African Trade in Local Currencies
The Common Market for Eastern and Southern Africa (COMESA) has unveiled a new digital payments system that enables businesses to conduct cross-border trade using local currencies rather than relying on the US dollar.
Mastercard teams up with Nigerian B2B e-commerce platform Alerzo to digitize African SMEs
Mastercard has partnered with Alerzo, a fast-growing Nigerian startup, to digitize African SMEs. The collaboration aims to drive financial inclusion and support the growth of the sector.
Google Names Alex Okosi as Managing Director for Africa
Google has announced the appointment of Alex Okosi as Managing Director for Africa.