Africa
Rwanda’s Ampersand raises USD 19.5 million
Ampersand, Africa’s first electric transport energy company, has raised $19.5 million in funding led by Ecosystem Integrity Fund (EIF) and is joined by Acumen and Hard Edged Hope Fund. In addition, th...
MEST Africa Challenge unveils Top 5 startups for $50K equity prize
The MEST Africa Challenge (MAC), an Africa-wide pitch competition for early-stage technology startups, is proud to announce the top 5 Regional Winners who will compete for the grand prize of $50,000 i...
Nairobi-based Amini raises $4m in seed funding
Amini, a Nairobi-based climate tech startup focused on solving Africa’s environmental data gap through artificial intelligence and satellite technology, has raised $4 million in a seed funding round. ...
Winners of Africa’s Business Heroes announced
Entrepreneurs hailing from Nigeria, Kenya and Egypt were in the top three following the final pitching session in the Grand Finale of the Africa’s Business Heroes (ABH). Africa’s Business ...
UM6P Ventures invests in Moroccan startup Chari
UM6P Ventures, the investment fund of Mohammed VI Polytechnic University, announced its decision to invest in e-commerce startup Chari to boost financial and digital inclusion in Africa.
Safaricom, M-PESA Africa and Sumitomo launches new accelerator program
In partnership with M-PESA Africa and Sumitomo Corporation, Safaricom launched the Spark Accelerator, a program to support early-stage startups in growing and scaling their businesses. The three partn...
Winner for the 2023 Womenpreneur – Her Perfect Pitch announced
After an extraordinary display of creativity and economic prowess by a multitude of enterprising women, the unveiling of the triumphant Top 3 powerhouse women has finally arrived. These remarkable win...
P1 Ventures announces closure of second fund at $25 million
P1 Ventures, the Pan-African Seed VC fund combining local market knowledge, a global track record and AI to unlock the continent’s huge and largely untapped potential has completed the first $25 milli...
Microsoft-backed FAST Accelerator’s second cohort selects 12 African startups
Flapmax announced today the twelve companies selected for the second cohort of the FAST Accelerator startup program, created in partnership with Microsoft to help strengthen and scale Africa’s d...