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Egyptian Startup Teradix Wins $140K Grant for Saudi Expansion
Sahel Capital Invests $1 Million to Accelerate Growth of Ugandan Coffee Exporter Sukuma Ventures
African Development Bank Unveils $75 Million Financing Package to Support ETG’s Expansion in Africa
Harvard’s $55K New Venture Competition Now Open for African Startups
UK Pledges $5.2 Million Investment to Support Kenya’s SMEs with New Debt Fund
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STARTUPS
Egyptian Startup Teradix Wins $140K Grant for Saudi Expansion
Sahel Capital Invests $1 Million to Accelerate Growth of Ugandan Coffee Exporter Sukuma Ventures
African Development Bank Unveils $75 Million Financing Package to Support ETG’s Expansion in Africa
Harvard’s $55K New Venture Competition Now Open for African Startups
Jumia Reports $20 Million Operating Loss in Q3 2024 Amid Revenue Decline
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PUBLIC SECTOR
UK Pledges $5.2 Million Investment to Support Kenya’s SMEs with New Debt Fund
FAAC Revenue Surges to N6.28 Trillion in Q2 2024 as VAT and Import Duties Boost Earnings Amid Low Oil Revenue
NetOne Introduces Affordable $1-a-Month Healthcare Plan in Zimbabwe
Kobo360 CEO Ciku Mugambi Resigns: Impact and Future of the Logistics Firm
Oando Plc Reports N60.27 Billion Profit After Tax for Fiscal Year 2023
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Month:
October 2023
Goodwell Leads $1.5 million Extension Round For Emerging Market nsurtech Inclusivity Solutions
The Mastercard Foundation Fellowship on Entrepreneurship for African students and recent graduates, hosted by Jim Leech, will be available in 2024.
Paul Nnaluo and Andrew Mpashi, along with eight others, receive a $50,000 grant from Sahara Group.
Olive Gaea, a company in the cleantech industry, secures a $1 million investment.
Anava has committed a $5 million investment in Titan Seed Fund with the aim of providing financial support to startups based in Tunisia.
Neo Mobility has successfully raised $10 million in Seed funding.
Tunisian fintech company My Easy Transfer secures $423,000 in funding.
In its tenth cohort, 100X. Venture Capitals(VC) has made investments totaling $2.3 million in 15 startups.
YouTrip secures $50 million in funding for its payment platform: A summary of recent startup funding activities.
Grants totaling $76,000 have been provided to entrepreneurs who are working to tackle health inequalities within their local communities.
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