2023 - Page 11 of 20 - Inclusifund

Aquarech, a startup in Kenya focused on fish farming, has successfully secured $1.7 million in funding.

FrontEdge, a Nigerian trade finance startup, has successfully raised $10 million in funding to expand its operations.

Aduna Capital has introduced a $20 million fund to support the growth of technology startups in Africa.

The African Development Bank has granted a $10 million investment for Dhamana Guarantee Company Limited in East Africa.

The World Bank anticipates providing Kenya with a support package totaling $12 billion in the coming three years.

Reportedly, companies in British Columbia have secured $888 million in venture capital funding in 2023.

The African Development Bank (AfDB) aims to provide $1 billion in financing to support the expansion of agro-industrial processing in Nigeria.

InDrive, the ride-hailing platform, has recently introduced a new venture and mergers and acquisitions (M&A), allocate investments of up to $100 million

Afreximbank Introduces $1 Billion Fund to Enhance Africa’s Film Sector.

The 2023 downturn in venture capital, quantified through statistical analysis, highlights a challenging and competitive environment in the industry.

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