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Nigeria’s PaidHR Raises $1.8 Million Seed Round to Expand Cross-Border HR Services
With the new capital, the company plans to strengthen its product offerings, expand across African markets, and increase staffing, particularly in customer support.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South Africa Energy Startup Wetility Raises $27.8 Million Funding to Solar Power Thousands of Homes
South African solar-as-a-service provider Wetility has secured a ZAR500 million (US$27.8 million) structured capital partnership with Jaltech, a leading funder of solar energy projects, to help provide clean, reliable, and cost-effective solar energy to over one million homes and businesses across the country.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Hotel Groups Hilton and Marriot Announce African Expansion Plans
Rising business and leisure travel on the continent has made it increasingly attractive for multinational companies and Hilton said on Wednesday that it plans to more than triple its African portfolio to more than 160 hotels.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Senegalese E-Health Startup KERA Raises $10 Million Funding from IFC
Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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CLASP and GEAPP Expand Access to Affordable, Energy-efficient Appliances in Africa
CLASP and GEAPP scale up their innovative financing program to support more African businesses and farmers with affordable, energy-efficient appliances.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Guinea and Sierra Leone to Jointly Develop Fiber Optic Infrastructure
"This move is intended to boost digital interconnection between the two West African countries, with the promise of more stable, affordable, and competitive broadband services for telecom providers, businesses, and public institutions."
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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MyNextCar Lands $10 Million to Scale Bolt’s Budget Ride-Hailing Fleet in South Africa
Emso Asset Management, a London-based firm with growing interest in mobility ventures across Africa led the round.
- Categories
- Investing, Transportation
- Region
- Sub-Saharan Africa
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Acumen Invests $1 Million in Somalia’s KIMS to Grow Off-Grid Solar
"Sharia-compliant solar financing to boost energy access in Somalia."
- Region
- Sub-Saharan Africa
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