AfDB to Increase Funding to $2 Billion for Women-Owned Small Businesses
Through its Affirmative Finance Action for Women in Africa (AFAWA) initiative, the African Development Bank (AfDB) has announced plans to…
-
-
European seed capital firm Breega establishes a $75 million fund with an emphasis on Africa
With the goal of becoming the top early-stage investor in African entrepreneurs, Breega, one of the fastest-growing early-stage funds in…
-
Digital Africa and Orange Ventures plan to jointly invest in startups
across order to support entrepreneurs from the “Orange Digital Centers” network across Africa and the Middle East, Orange Ventures and…
-
Early-stage venture capital fund OpenseedVC debuts with first closure of $10 million.
With the announcement of the first close of its US$10 million angel-style early stage fund, OpenseedVC, a new operator-led fund…
-
Accion announces a $152.5 million Digital Transformation Fund to provide growth finance to small businesses.
Global non-profit Accion launched the US$152.5 million Accion Digital Transformation Fund (ADTx), which aims to help financial institutions address the…
-
Apply for the Mastercard Foundation Fund for Resilience and Prosperity grant
In 20 Sub-Saharan African nations, the Mastercard Foundation Fund for Resilience and Prosperity is looking for SMEs in the fields…
-
Baobab Network, an early-stage investor, acquires a marketing firm to help startup companies
The acquisition of Reflector Marketing, a South African strategy and branding consultancy, has been announced by Baobab Network, an early-stage…
-
Villgro Africa seeks for venture funding for female founded solutions.
Seeking female entrepreneurs spearheading cutting-edge health firms around the continent, Villgro Africa is a healthcare-focused investor and incubator seeking to…
-
Nigeria’s alGROWithm receives funding to scale the Growth Talent Accelerator Programme.
Nigerian startup alGROWithm has obtained funds to expand its patented Growth Talent Accelerator Programme to additional people in six African…
-
The Kofi Annan Award for Innovation in Africa is now accepting applications.
The Kofi Annan Award for Innovation in Africa (KAAIA), which focuses on technologically advanced approaches to guarantee that no one…
-
Nigerian Fintech Startup Miden Qualifies for Y Combinator’s Winter 2024 Batch
A Nigerian startup called Miden has been chosen for Y Combinator’s winter 2024 class. Through its API, Miden enables businesses…
-
IFC Announces $20M Equity Investment in the Africa50 Fund to Facilitate Sustainable Infrastructure Development in Africa
IFC has announced a $20 million equity investment in the Africa50 Infrastructure Acceleration Fund (IAF Fund), which will fund projects…
-
Apply: Somefund, a $250k Empowerment Contest for Creatives by Somehoodlum, Arsonic
A fund for creatives named Somefund has been introduced by US-based animator and artist Somehoodlum and multihyphenate creative/entrepreneur Arsonic (Zeblocks)….
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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….
-
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…
-
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…
-
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…
-
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…
