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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.

Impact Fund Denmark has declared a new $15 million investment in the Verdant Capital Hybrid Fund (VCHF) to expand financing for small businesses and entrepreneurs across Africa.

Egyptian startup enza has secured $6.75 million in seed funding to expand its digital payment services across Africa.

South African payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.