Pan-African Venture Capital Firm, EchoVC Announces a $2.5 Million pre-Seed Climate-focused Fund
The EchoVC Eco Pilot Fund I is the newest pre-seed fund vehicle from EchoVC, a seed and early-stage technology venture…
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Nigeria: Aduna Capital Unveils $20 Million Fund to Support the North, Female Founders
Aduna Capital, a Nigerian venture capital firm, announced the creation of a $20 million fund today. The fund would invest…
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Harvard’s Africa Business Club is Inviting Startups to the New Venture Competition, $50k Cash Prizes up for Grabs
The Africa Business Club at Harvard Business School is hosting the New Venture Competition, where entrepreneurs can compete for cash…
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Norrsken22, a Pan-African VC Firm Secures $205M at it’s Debut Fund to Support Growth-stage Startups
With Norrsken22, a Pan-African venture capital firm, reaching the final closure of its maiden fund and raising a total of…
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Kuramo Capital Shares Plans to Invest $150M in African Female-led Funds
A Sub-Saharan African (SSA) investment company, Kuramo Capital Management, has announced plans to invest $150 million over the next 10…
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A Nigerian Renewable Energy Firm, WATT Secures $13M Fund
The Nigerian hybrid solar system supplier WATT Renewable Corporation (WATT) has raised US$13 million to expand its operations. The US$13…
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Baobab Network Unveils Plan to Invest In 1000 African Tech Companies
In order to support digital startups across Africa, early-stage investor and accelerator Baobab Network has announced plans to invest in…
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Bill and Melinda Gates Foundation Launches $30M Grand Challenge AI Investment For Africa
Bill Gates said the Bill & Melinda Gates Foundation will spend $30 million in a new artificial intelligence platform in…
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Visa Rolls out $10M Fund for Gen AI Start-ups
Payments processor Visa has joined the number of investors who have rushed to the field this year by launching a…
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Nigerian Cryptocurrency Startup, Nestcoin Secures $1.9 Million in Funding
The startup cryptocurrency Nestcoin from Nigeria has secured a $1.9 million investment round. Hashed Emergent led the financing round in…
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Itana Raises $2m pre-Seed Funding to Establish Africa’s First Digital Free Zone
A Nigerian firm is making waves with its ground-breaking project in an effort to establish a welcoming and digitally-driven business…
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African Development Bank Announces $1 Billion Fund to Facilitate Climate Financing for Africa’s Youths
A new $1 billion fund has been established by the African Development Bank to speed up climate funding for the…
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Kotani Raises $2M pre-Seed Funding to Facilitate Remittances to Africa With Crypto
One of the most admirable of cryptocurrency’s many high promises is the possibility of bringing financial inclusion to disadvantaged people….
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Banking-as-a-Service Fintech, Anchor Secures $2.4m Seed for pan-African Expansion
Leading pan-African Banking-as-a-Service (BaaS) provider Anchor has revealed its $2.4 million Seed round, which will be used to introduce new…
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Innovation Edge to Support South African EdTech Innovators With $80,000
This September, during World Literacy Month, Innovation Edge has released a call for startups to submit proposals for funding and…
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Nigerian Green Initiatives Bag $13 Million From FSDAi and InfraCredit
FSD Africa Investments (FSDAi) has announced a £10 million (almost $13 million) investment in a groundbreaking risk-sharing backup facility in…
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Kenyan Agritech Startup, FarmWorks Secures $4.1 Million in pre-Series A Round to Promote AI-driven Production
FarmWorks, a Kenyan agritech startup, has announced its $4.1 million pre-Series A funding round to advance its data analytics skills…
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The B2B SaaS Startup Wise Guys accelerator is now accepting applications.
For the third iteration of the Startup Wise Guys accelerator, which provides chosen B2B SaaS firms with access to EUR100,000…
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10 Southern African Fintech Startups Receive Grant Funding From World Bank
Ten companies from Southern Africa have been recognized for their innovative approaches to closing the financial access gap for underprivileged…
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Blockchain funding in Kenya, South Africa, and Nigeria exceeded $91 million.
According to a recent survey, blockchain funding increased by a startling 1,668% in 2022 compared to the previous year, reaching…
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UAE Bank Introduces a $27 Million Initiative for AgriTech Firms
To make the United Arab Emirates the best country in the world on the Global Food Security Index by 2051,…
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Nairobi-based Accelerator, The Baobab Network Supports 5 Startups With US$50,000 Each
A Nairobi-based accelerator known as The Baobab Network has revealed its most recent batch of five investees, each of whom…
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develoPPP Ventures Announces $107k Funding Grant for Innovative African Startups
Startups in Ghana, Kenya, Nigeria, and Tanzania have been given the opportunity to scale their impact-driven businesses and receive up…
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uMunthu II Unveils First Close of $60 Million for Early and Growth-stage SMEs in Africa
Goodwell Investments and Alitheia Capital have announced the first closing of their uMunthu II fund, which invests in early and…
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Launch of the Deal Source Africa platform aims to close the 331$ billion funding gap for African entrepreneurs.
At the West Africa Deal Summit, which was hosted in Accra yesterday, Deal Source Africa, a comprehensive platform to connect…
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Capria announces $100 million Global South Fund II’s first closing.
Leading Global South specialist Capria Ventures has announced the first closing of its US$100 million fund. Capria Ventures invests in…
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Novastar Ventures, a venture capital business, has secured $25 million to invest in climate technology in Africa.
In order to promote entrepreneurs developing agricultural and climate solutions, Novastar Ventures, a pan-African venture capital business, has received a…
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Launch of $22 million fund by Goodwell Investments and Oxfam Novib to aid Entrepreneurs in East Africa
The “missing middle” of East Africa will be addressed by a new EUR20 million (US$22 million) fund that Goodwell Investments…
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Funding for African digital startups falls significantly in the first quarter of 2023.
Between January 1 and March 31, 2018, African tech companies raised US$649,303,000, a decrease of 57.2% from the total raised…
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Almentor, Egyptian Ed-tech Startup Secures $10m Funding to Promote Growth
Almentor, the top Arabic-language online video learning platform, has acquired $10 million in pre-Series C fundraising from investors to help…
