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Nigerian Fintech Lemfi Secures $53 Million Series B Funding to Drive European Expansion
The new funding will enable Lemfi to secure additional licenses and form new partnerships while enhancing its offerings with localized services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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£3 Million Grant to Support Perovskite Solar Module Manufacturing in Africa
The project’s focus is on the potential of perovskite solar technology, a more affordable and energy-efficient alternative to traditional silicon-based solar cells.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Sahyadri Farms Raises $47.8 Million to Advance Climate-Resilient Crops and Expand Processing Facilities
The funds will be utilized to boost the cultivation of patented, climate-resilient varieties of table grapes and citrus fruits.
- Categories
- Agriculture, Environment, Technology
- Region
- Asia Pacific
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Press Release: Novastar Ventures Backs the Growth of Sistema.bio in Africa
Novastar has joined Sistema.bio’s recent internal financing round of USD 7.75 million with a USD 3.5 million investment.
- Categories
- Agriculture, Energy, Environment
- Region
- Sub-Saharan Africa
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South Park Commons Is Raising $40 Million for an India-Specific Fund
Unlike traditional VC funds and incubators like Y Combinator, South Park Commons looks for technologists who have strong ideas but may not be ready to fundraise yet.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- venture capital
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Agro-Industrial Hubs in Nigeria to Get $2.2 Billion From African Development Bank
The SAPZ aims to boost food security and unlock economic opportunities for businesses, particularly small and medium enterprises (SMEs) in the agricultural sector.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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VC Investment in Emerging Markets Plummeted by Over 40% Last Year
The data mirrors the wider global trend of reduced VC funding in the last two years, especially for non-AI companies.
- Categories
- Investing
- Region
- Global
- Tags
- data, research, venture capital
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UK Pledges £7.2 Million to Support Nature Positive Economies in Developing Countries
£7.2M allocated to the International Nature Positive Economy Programme, targeting sustainable development in low and lower-middle income nations.
- Categories
- Environment, Investing
- Region
- Global
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