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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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African Development Bank Grants $17 Million to Promote Gender-Sensitive Agricultural Value Chains in Mauritania
The program aims to increase productivity and add value to agricultural products to boost women's income and support female entrepreneurship in Mauritania.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: Schneider Electric Energy Access Asia & Spark+ Africa Closes US$3.75 Million Series A Investment in ATEC for Global South Expansions
SEEAA is a €21M investment vehicle managed by Schneider Electric to invest in early-stage clean energy ventures in South and Southeast Asia.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Meta Gradually Opens the Door to Monetisation for Nigerian, Ghanaian, and Other African Creators
Content Creators in Nigeria and Ghana are now eligible to earn money on Facebook and Instagram.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- creative economy, startups, youth
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Oikocredit Injects $10 Million to Boost African SMEs in Partnership with AfricInvest
APC specializes in offering medium to long-term loans.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, partnerships
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Nigerian Digital Therapy Startup Blueroomcare Secures Pre-seed Funding to Expand Access to Mental Health Care Across Africa
The Nigerian startup Blueroomcare, which offers a digital therapy service covered by insurance, has successfully secured an undisclosed amount of pre-seed investment.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Federal Government Disburses 2nd Batch of ₦5 Billion Creative Fund to Nollywood
This funding presents a great local opportunity for Nigerian creatives, especially Nollywood filmmakers to make movies with Nigerians in mind as the primary audience.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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OPay and Moniepoint Issue $17 Million Verve Cards as Nigerian Fintechs Switch From Visa and Mastercard
A change in consumer behaviour and macroeconomic conditions are leading Nigerian banks to issue local cards like Verve to customers, dumping international card schemes like Visa and Mastercard.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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