Qotto, a cleantech startup that produces and distributes standalone solar kits and lanterns to people living in Africa’s least electrified areas has secured $8 million in a Series A equity-debt …
Entrepreneurship
- AfricaAFRICA NEWSEntrepreneurship
stc Group and Telefónica sign strategic partnership agreement
by Editorby Editorstc Group, the leading digital enabler, and Telefónica, one of the largest telecommunications companies in the world, today announced the signing of a Strategic Partnership Agreement to work together and …
- AfricaAFRICA NEWSEntrepreneurship
Moroccan agritech Sand to Green raises $1 million to expedite its operational development
by Editorby EditorMorocco-based agritech Sand-to-Green has raised a $1 million Seed funding round from Norwegian Katapult and pre-Seed fund Catalyst. Founded in 2021 by Benjamin Rombaut, Sand to Green provides a long-term …
- AfricaAFRICA NEWSEntrepreneurship
LifeCare Group expands healthcare reach in Kenya and East Africa
by Editorby EditorHealthcare remains on top priority in any African country’s agenda and pioneering it is Jayesh Saini, a successful entrepreneur who has the vision to have the largest healthcare setup in …
- AfricaAFRICA NEWSEntrepreneurship
South African digital lender Lulalend secures $35M series B
by Editorby EditorSmall businesses across Africa have continually struggled to access loans due to a lack of collateral and credit history as well as high-interest rates doubled by harsh criteria for lending …
- AfricaAFRICA NEWSEntrepreneurship
Mawingu raises $9m to expand operations across Kenya & increase access to affordable internet
by Editorby EditorMawingu, a Kenyan-based Internet service provider has successfully closed $9 million Series B investment to support its roll-out infrastructure across Kenya that will increase access to affordable internet connectivity to …
- AfricaAFRICA NEWSEntrepreneurship
Egypt’s fintech MNT-Halan secures $400 million at valuation of $1 billion
by Editorby EditorEgyptian fintech and e-commerce ecosystem MNT-Halan has secured up to $400 million in equity and debt financing from local and global investors as it continues to serve underbanked and unbanked …
- AfricaAFRICA NEWSEntrepreneurship
UAE-based B2B fintech Alaan raises $4.5 million pre-Series A round for expansion
by Editorby EditorUAE-based Alaan, the leading spend management platform for Middle Eastern businesses has raised $4.5 million pre-Series A funding, backed by Presight Capital, Y Combinator, and angel investors. Together with the …
- AfricaAFRICA NEWSEntrepreneurship
Xiaomi’s first-ever electric vehicle spotted testing with CEO and team
by Editorby EditorXiaomi has been hard at work to actualize its first electric car. After investing $1.5 billion in 2021 in its car division, the results are starting to show with its …
- AfricaAFRICA NEWSEntrepreneurship
Carry1st raises $27M to develop and publish games in Africa
by Editorby EditorCarry1st has raised $27 million to develop and publish mobile games in Africa — a big milestone in an otherwise tough time to raise money. The funding comes a year …