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Funding
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The World Bank has approved $311 million to increase West Africa’s capacity for grid-connected renewable energy
The new Regional Emergency Solar Power Intervention Project (RESPITE), approved for a total of $311 million in International Development Association...
Read moreSun King, a solar energy company in Africa and Asia, raises its Series D funding to $330 million
Sun King, an off-grid solar energy product provider in Africa and Asia, has received a $70 million equity investment led...
Read moreVentures Platform has closed its $46 million pan-African fund
Ventures Platform, an Africa-focused early-stage VC firm, has closed its $46 million early-stage and global fund. A to Z Impact,...
Read moreTaeillo, a Nigerian startup, has raised $2.5 million in funding
Taeillo, a Nigerian-based online furniture eCommerce startup, has secured a $2.5 million funding round led by Aruwa Capital. Taeillo is...
Read moreSuplyd, an Egyptian supply chain startup, has raised $1.6 million
Suplyd, an Egyptian startup, has announced a $1.6 million pre-seed funding round to digitize supply chain processes for the hospitality, restaurant, and...
Read moreTLG and Future Africa have launched a $25 million venture debt fund initiative for African startups
As part of their partnership, TLG Capital and Future Africa have established a US$25 million venture debt fund from TLG's...
Read moreFinclusion Group, a South African company, secures $2 million in funding
Finclusion Group, a South African company that is developing Africa's first credit-led neobank, has announced that it has received an...
Read moreUbongo, an edtech startup based in Tanzania, has received $27.8 million grant from the LEGO Foundation
Ubongo, an African edtech startup, is one of the five recipients of the Lego Foundation's global Build a World of...
Read moreMyHealth Africa, an e-health startup in Kenya, has raised $1 million in seed funding
MyHealth Africa, a Kenyan-based e-health startup, has raised a $1 million seed round to help it expand. The GIIG Africa...
Read moreMobility for Africa, a Zimbabwean startup, receives $2 million in funding
Mobility for Africa, a Zimbabwean mobility business, has received US$2 million in funding from InfraCo Africa, a Zimbabwean investment firm,...
Read moreGridless, a bitcoin mining company in Kenya, has raised $2 million in seed funding
Gridless, a bitcoin mining company that is bringing new energy generation to remote areas in East Africa, has received a...
Read moreThe African Development Fund has approved $12 million for the development of the Democratic Republic of the Congo’s financial industry.
The Democratic Republic of the Congo (DRC) will receive a $12 million grant to carry out the Financial Sector Development...
Read moreThe Big 5
