Funding
The $1 million loan to Ilara Health is part of a larger portfolio of 22 transactions approved by DFC in the first quarter of FY2025, amounting to nearly $3 billion.
The company says it is committed to social impact, focusing on recruitment and training of local “washmen” and establishing a “Washminute Academy” to provide upskilling opportunities for employees and partners.
“We prioritize curating accommodations that not only offer exceptional travel experiences but also contribute to environmental conservation and uplift local communities,” said Lara Dendy Young, CEO and co-founder of Conservio.
With this latest funding round, Sistema.bio has raised a total of $18.5 million in 2024. The funds will be used for regional expansion, product development, and supporting the company’s anticipated...
Having onboarded over 50 B2B customers and forged partnerships with the United Nations and Microsoft, TACo seems to be gaining significant traction.
At the moment, LemFi operates across 27 send-from markets and 20 send-to countries, including Nigeria, Kenya, India, China, and Pakistan.
Orbit Startups has a track record of investing in early-stage companies in China and India and has been expanding its presence in the MENA region.
CEO Eltawab also announced that the company is setting its eyes on contracts worth EGP 40 million ($1.3 million) in the first quarter of 2025.
In just one year, JOBO Interim has qualified 30,000 workers, with an additional 60,000 in the pipeline. Partnerships with major clients such as Vinci and Yves Rocher highlight the platform’s...
Gotion's new facility will have an initial production capacity of 20 gigawatt hours (GWh), with a potential to expand to 100 GWh.