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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Renda, Which Provides Order Fulfillment for Businesses in Africa, Takes in $1.9 Million
Renda, which simplifies order fulfillment and retail distribution for businesses in Africa, has secured a $1.9 million pre-seed round.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- distribution, MSMEs, startups
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ThriveAgric and Acorn Rabo Bank Join Forces to Generate $56 Million in Carbon Revenue for 30,000 Nigerian Farmers
Africa holds immense potential for carbon credits, yet it currently captures only 2% of its capacity.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Nigeria’s Chowdeck Raises $2.5 Million Seed Funding to Optimise On-Demand Food Delivery
Chowdeck is a Nigerian on-demand food delivery startup.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups
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Analysis: Anti-ESG Fever Shows Signs of Bending, Not Breaking (Yet)
Despite the legislative activity against ESG investing, the overall momentum is building in support of business and investment strategies that emphasize long-term thinking and sustainability over short-term profits.
- Categories
- Investing
- Region
- Global
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Microsoft Announces US $2.2 Billion Investment to Fuel Malaysia’s Cloud and AI Transformation
Today, Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation – the single largest investment in its 32-year history in the country.
- Categories
- Investing, Technology
- Region
- South Asia
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Analysis: AI in Africa Opens up New Battlefront for China, US
The US and China are in a new race to shape the development, use and governance of artificial intelligence in Africa, even as African countries scramble to devise their own AI policies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Saudi Arabia and the Bill & Melinda Gates Foundation Announce Landmark Push to Eradicate Polio and Lift Millions out of Poverty
Saudi Arabia and the Bill & Melinda Gates Foundation today pledged to work together to help protect 370 million children annually from polio and lift millions out of poverty across 33 Islamic Development Bank (IsDB) member countries.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
