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ClusterLab, a Tunisian-born artificial intelligence (AI) startup headquartered in the United Arab Emirates (UAE), has secured $600,000 in a pre-seed funding round.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

Moove, a leading African vehicle financing startup, has announced securing $10 million in debt funding from Stride Ventures, a sector-agnostic venture debt firm.

LoftyInc Capital Management has successfully closed the first round of funding for its latest investment vehicle, the LoftyInc Alpha Fund, raising $43 million.

Innovate Africa, a newly established angel investment fund, has begun operations with an initial commitment of $2.5 million.