Zola Electric a leading provider of solar-powered electricity solutions has gone a step further to drive distributed renewable energy and to solve energy problems prevalent in sub-Saharan Africa where millions …
Entrepreneurship
- Entrepreneurship
- Entrepreneurship
Mastercard Launches Global Small Business Initiative to Accelerate Economic Recovery
Micro and small enterprises are important contributors to job creation and global economic development, representing approximately 90% of business and more than 50% of employment worldwide. However, the pandemic necessitated …
The United States (US) government’s Prosper Africa project is getting a reboot by the Biden administration, renewing the government’s commitment to increased trade with African countries and incentivizing American companies …
- Entrepreneurship
Cartona receives $4.4 million pre-Series A to connect retailers with suppliers in Egypt
Cartona, a Cairo-based B2b marketplace that directly connects retailers with suppliers and manufacturers via an application has secured a $4.5 million pre-Series A funding round Founded in August 2020, focuses …
The Global Center on Adaptation (GCA) and the African Development Bank (AfDB) have partnered on a joint mission to accelerate climate adaptation action under the African Adaptation Acceleration Program (AAAP). …
The Global Innovation Initiative Group (GIIG), has announced the launch of GIIG Africa Fund, a Curaçao-based private investment fund aimed at investing in early-stage tech innovation startups across Africa. The …
54gene, a Nigerian health technology company announced on Thursday that it has closed a $25 million Series B financing round. The round was led by Cathay AfricInvest Innovation Fund and …
Nigerian agritech startup, which specializes in proprietary hardware and software solutions to drive the industrialisation of food processing in Africa, has raised US$4.2 million in seed equity and grant funding …
- Entrepreneurship
Puratos Group gains €1 billion financing towards Cacao-Trace cocoa sustainability initiative
The Puratos group’s cocoa sustainability scheme, Cacao-Trace, has received a major boost as a group of private investors has agreed €1 billion finance package for the initiative, reports Neill Barston. …
- EntrepreneurshipNorthern Africa
Egyptian Fintech MNT-Halan Attracts Circa US$120 Million From Global Investors
MNT-Halan, Egypt’s leading fintech ecosystem, announced today a circa US$120 million investment by major global and regional growth investors: Apis Growth Fund II, Development Partners International (DPI), and Lorax Capital …