Saturday, June 22, 2024
No menu items!

funding

Kenyan NPO launches Initiative to help High-Growth Founders Scale

Kenya| Endeavor Kenya, a non-profit organization that supports high-impact entrepreneurs, has launched its inaugural cohort-based initiative for high-growth founders, the ScaleUp Program. The program will identify ten high-growth ventures based in East Africa and support them with the network and...

Nedbank Set to Accelerate Africa’s Infrastructure Development

Nedbank has taken a landmark step in supporting Africa's sustainable infrastructure development by merging its project finance and export credit teams into a newly repurposed Africa Infrastructure Finance business unit the bank aims to offer streamlined financial solutions tailored...

Founders Factory Africa Secures $113 Million to Propel African Tech Founders’ Growth

Founders Factory Africa has secured an additional $113 million in funding to scale its model to better serve founders across the African tech ecosystem. The additional support from the Mastercard Foundation and Johnson & Johnson Impact Ventures, an impact fund...

Trump’s proposed budget slashes Kenya’s aid funding

The United States is set to reduce aid funds given to Kenya by more than 50 percent in the 2020 financial year that begins in October. President Donald Trump's proposed budget issued on Monday calls for deep cuts in aid...

South African tech startup raises $12 mln in funding

South African tech startup RapidDeploy, whose cloud-based software enables public safety officials to reduce emergency response times and improve situational awareness, has raised $12 million (163m ZAR) in Series A financing. GreatPoint Ventures and Samsung NEXT provided the Round...

Airtel Africa receives $200 mln investment from Qatar

Airtel Africa, a subsidiary of Indian telecommunications company Bharti Airtel which services 15 African countries, will receive an investment of USD 200 million from the Qatar Investment Authority (QIA) through a primary equity issuance in the company. The funds will...

South African start-up closes second round of equity funding

Giraffe, the automated high-volume recruitment start-up, announced that it has closed a second round of equity funding, led by Edge Growth’s Vumela Fund with participation from Omidyar Network, the Brozin family’s Forever Young Capital and Catapult Trust. This second funding...

Renewable energy provider raises USD $3.5M financing for Nigerian expansion

Rensource, a Lagos-based distributed energy provider, announced that it has raised $3.5 million USD in bridge financing to grow its power-as-a-service renewable energy business by expanding across Nigeria. According to the company, the funds will be put towards growing the...

WorldRemit raises $40 million for emerging market expansion

Digital money transfer service, WorldRemit, announced on Thursday 7 December 2017 that it has raised $40 million which will be used to drive its next phase of growth, supporting its plan to serve 10 million customers connected to emerging...

South African startup Sun Exchange raises $1.6 million in seed investment

Sun Exchange, a South African startup which offers a peer-to-peer solar equipment leasing marketplace, announced on Friday 20 October 2017 that the company has raised $1.6 million in seed financing from several strategic partners to accelerate global access to...
- Advertisement -spot_img

Latest News

Why is AI Risk Management Essential for Your Business?

Artificial Intelligence (AI) is rapidly becoming embedded in our everyday lives, from the apps we use, to search engines,...
- Advertisement -spot_img