The Empower Africa Business Platform is Now Live !!!
Notable investors in the fund include British International Investment (BII), the The Global Energy Alliance for People and Planet (GEAPP), UK charity Shell Foundation and impact investor DOEN Participaties B.V. This investment represents a significant boost for the African climate tech ecosystem, providing much-needed capital to support the development and scaling of innovative solutions to the continent’s pressing environmental challenges. With climate change posing a significant threat to African economies and communities, Equator’s investment in these startups has been backed to drive real impact and create sustainable change.

The investment aims to modernize healthcare services, improve access to quality care, and foster digital transformation in the country’s healthcare sector.

PlayAI, a voice technology company founded by Egyptians Mahmoud Felfel and Hammad Syed, has been acquired by Meta, according to an announcement by global venture capital firm 500 Global.

The Global Fund to Fight AIDS, Tuberculosis and Malaria has procured its first-ever supply of first-line HIV treatment produced in Africa.