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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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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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A New Digital Health Platform for Africa
The platform allows government technologists, policymakers, and health professionals to navigate, evaluate and implement the right solutions for their communities.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Mastercard and Diamond Trust Bank Partner for 10 Years to Transform Digital Payments in East Africa
The partnership will focus on delivering innovative, secure, and convenient payment solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Green Jet Fuel Producers Are Crossing a Daunting Climate Tech Barrier
Pat Gruber learned the hard way how difficult it can be to raise money for novel climate tech. When he went to apply for a US federal loan to build a big new SAF factory, he thought the money would be easy to lock in. It wasn’t.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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Google to Give Ksh. 749 Million Funding for AI Training in Kenya, Nigeria and South Africa
The latest funding builds on the $20 million of Google.org support for organisations helping Africans develop digital skills.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Wahu Mobility and Letshego Partner to Accelerate Electric Vehicle Ownership Across Africa
The initiative introduces affordable financing options for EV ownership.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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