The acquisition of Reflector Marketing, a South African strategy and branding consultancy, has been announced by Baobab Network, an early-stage investor supporting entrepreneurs throughout Africa. Since 2019, the Baobab Network has assisted businesses in raising capital and developing their capabilities. Most recently, the network increased the average investment to $50,000 USD. It has fifty startups…
In order to support digital startups across Africa, early-stage investor and accelerator Baobab Network has announced plans to invest in 1000 businesses between now and 2033. Since its 2019 launch, Baobab has continuously been one among the continent’s most active investors, supporting locally led businesses from the start. The co-founder of Baobab, Toby Hanington, claimed…
A Nairobi-based accelerator known as The Baobab Network has revealed its most recent batch of five investees, each of whom received US$50,000 in cash. The Baobab Network invests in early-stage software firms around Africa. Since 2019, The Baobab Network has assisted businesses with capacity building and fundraising; the organization welcomed its final cohort in February….
Four new startups have been selected for the latest cohort of The Baobab Network (TBN), a Nairobi-based accelerator that funds and supports the growth of early-stage internet companies throughout Africa. Startups from Nigeria, Ethiopia, and two South African companies make up the cohort. Oval Interactive, a Nigerian interactive martech platform, offers businesses the chance to…
The Baobab Network, a Nairobi-based accelerator that invests in early-stage software firms across Africa, has announced its next cohort of five investees, each of which will receive US$25,000. After making five more investments as part of a new model, the Baobab Network has been propelling companies with capacity building and fundraising since 2019. It now…