Funding News in Africa
70% of the total $200 million, or $140 million, will be allocated to Egyptian startups over the next four to five years.
Africa’s largest telecommunications company, IHS Towers has reportedly gotten a $439 million loan to manage currency risks and support its operations across multiple regions. According to reports, virtually half of...
Yellow Card, founded in Nigeria in 2019, is a fintech company that operates in 20 countries and facilitates more than $3 billion in transactions across the continent
With its operations cutting across three continents, Sistema.bio boasts of positively transforming the lives of over 100,000 farms and more than 600,000 people worldwide while reducing over 1 million tons...
The Lapaire Brand Glasses Lapaire has landed funding from AfricInvest and Proparco to expand its area of influence. This development comes nine months after the startup raised $3 million to...
Funding to bolster African Health-Tech System 11th October, 2024 Pan-African investment, AfricInvest, has announced that it has successfully closed its Transform Health Fund (THF), surpassing its initial $100 million benchmark...
Climate Tech to contribute to combating climate change
South African shipping company for eCommerce exporters, TUNL, has completed a seed round to boost marketing support for small and medium sized enterprises (SMEs). This funding comes ten months after...
Malawi is reportedly one of the least electrified countries in the world, with 11% of the population connected to electricity, 42% in cities and only 4% in villages.
Funding to provide early stage capital to at least 50 startups
