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Ghanaian Agtech Oyster Agribusiness Closes $2 Million to Expand Operation
This fresh capital injection will allow Oyster Agribusiness to expand its operations, reach more farmers, and scale its climate-smart agricultural initiatives.
- Categories
- Agriculture, Social Enterprise
- Region
- Sub-Saharan Africa
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Techstars Lagos Shuts Down After Two Years and 24 Investments
Techstars, a global venture capital accelerator with over 4,500 portfolio companies, partnered with Nigerian-based ARM Labs to bring its three-month program to Lagos for the first time in December 2022.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Coca-Cola Beverages Africa Invests $50 Million in Namibia, Boosting Production Capacity by 30%
The investment also includes the installation of a water treatment plant with state-of-the-art water recovery technology, designed to reduce water consumption.
- Region
- Sub-Saharan Africa
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Plastic-Eating Insect Discovered in Kenya
Scientists from the International Centre of Insect Physiology and Ecology have found that the larvae of the Kenyan lesser mealworm can help break down styrofoam.
- Categories
- Environment, WASH
- Region
- Sub-Saharan Africa
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Report: WHO Demands Urgent Integration of Health in Climate Negotiations Ahead of COP29
The report outlines key actions aiming to protect all people, particularly the estimated 3.6 billion people who live in areas which are most susceptible to climate change.
- Categories
- Environment, Health Care
- Region
- Global
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ID Verification Company Equal Bags $10 Million in First Institutional Raise
Equal is building a platform which helps businesses streamline their know your customer (KYC) processes and prevent fraud, thereby assisting in regulatory compliance through integration with about 50 identity databases.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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EAAIF Makes Anchor Investment of $28 Million in Africell
The Emerging Africa & Asia Infrastructure Fund has invested in the African mobile operator’s $300m international public bond, the proceeds of which will strengthen mobile and data connectivity for subscribers in four countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Sweden Grants $4.8 Million to African Development Bank to Boost Capital Markets Integration Across Africa
The funds will support several strategic initiatives, including bringing legal and regulatory frameworks into line with international best practice.
- Categories
- Investing
- Region
- Sub-Saharan Africa
