Six African tech startups have been chosen as finalists for the “Meet the Tôshikas” program, a joint initiative by the United Nations Development Programme (UNDP) and Japan’s Ministry of Economy, Trade and Industry (METI).
This program aims to bridge the gap between African startups and Japanese investors.
“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.
Novastar Ventures has announced a $3.5 million investment in Sistema.bio, a Nairobi-based company pioneering renewable energy solutions for smallholder farmers.
Moroccan startup ORA Technologies, known for its super app offering various services, has secured $1.5 million in seed funding from local investors.
P1 Ventures, a Pan-African seed venture capital fund, has announced the first close of its second fund at $25 million.
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