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Funding
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Goodwell Investments has announced the launch of a new EUR50 million fund to support African SMEs
Goodwell V is a new impact investment company founded by Goodwell Investments. Following in the footsteps of its predecessor funds,...
Read moreSeedstars Africa Ventures is now accepting applications to fund and support African entrepreneurs
Seedstars Africa Ventures is looking to finance and support these African champions who are improving value chains, delivering basic goods...
Read moreMax Polyakov, a space entrepreneur, has acquired South Africa’s Dragonfly satellite maker
According to Reuters, Max Polyakov, an entrepreneur with ambition to build a space transportation empire, has purchased South African satellite...
Read moreLyft sells its autonomous vehicle division to Toyota for $550 million
Lyft is selling its autonomous vehicle business to Woven Planet Holdings, a subsidiary of Toyota. With the newly formed Woven...
Read moreKidato, a Kenyan edtech firm, has raised $1.4 million in a seed round
Kidato, a Kenyan edtech startup for African K-12 students, has raised $1.4 million in a seed round. Learn Start Capital,...
Read moreCisco has pledged $100 million to tackle climate change
Cisco, a networking solutions corporation headquartered in the United States, has pledged to invest $100 million over the next ten...
Read moreA new $500 million loan facility has been signed by Airtel Africa
Airtel Africa has announced the effective execution of a $500 million new loan facility agreement with a consortium of relationship...
Read moreOKO, an insurtech startup, has raised $1.2 million in funding to provide insurance to smallholder farmers as well as to expand across Africa
OKO has received a seed investment of USD$1.2 million from Newfund and ResiliAnce in a funding round. Mercy Corps Venture,...
Read more5 startups emerge as top winners of the NITDA World Creativity and Innovation Day Challenge, receiving a total of 10 million Naira in funding
The NITDA World Creativity and Innovation Day (WCID) challenge has awarded a ten million naira grant to the five startups who...
Read moreUSAID has launched a COVID-19 Food Security Challenge, which will grant $3 million in funding to Nigerian agribusinesses
The United States Agency for International Development (USAID) has launched the USAID/Nigeria COVID-19 Food Security Challenge, which will grant US$3...
Read moreHuawei Eco-development has launched a new initiative to fund mobile app startups in the Middle East and Africa
The first edition of Huawei's program, Huawei Eco-development which aims to help startups in the Middle East and Africa region...
Read moreFounders Factory Africa and Small Foundation have partnered to invest in Agritech startups
Founders Factory Africa, a South African investment firm founded by Roo Rogers and Alina Truhina, has announced a partnership with...
Read moreThe Big 5
