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.
Botswana and De Beers have concluded a historic 10-year agreement that strengthens the country’s position in diamond sales while reinforcing its critical mining sector.
Ghanaian healthtech startup Rivia has announced the acquisition of Waffle, a local software-as-a-service (SaaS) company specializing in solutions for small and medium-sized businesses (SMBs).
Kenyan electric vehicle (EV) manufacturer Basigo has introduced its highly anticipated E9 Kubwa electric bus model.
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