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Led by Three South African Based Entrepreneurs, Stitch Announces $21 Million Series A
API fintech company Stitch, announced a $21 million Series A funding round, led by The Spruce House Partnership.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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$56 Million From NORAD to Guarantee Renewable Energy Projects in Africa
The Norwegian Agency for Development Cooperation is providing a $56 million grant to the African Trade Insurance Agency (ATI).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Co-op Bank, IFC in Health Equipment Funding Partnership
Co-op Bank has partnered with the International Finance Corporation (IFC) to offer loans to healthcare businesses at more favourable terms.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- partnerships
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IFC Invests $10 Million in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs
IFC, a member of the World Bank Group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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Google Announces New Initiatives to Boost Small Business Recovery
Google has committed support for startups, nonprofits and small, medium-sized and microenterprises (SMMEs) in South Africa to accelerate digital transformation and contribute to the country’s economic recovery.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- nonprofits, startups
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DEG Backs Two African Funds with $41 Million
DEG’s funding will provide growth capital to support African businesses in their pursuit to expand and densify the digital infrastructure for Africa’s ongoing digital transformation.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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WHO Tech-Transfer Hub Uses Moderna Data to Make mRNA Covid Vaccine in South Africa
Afrigen is part of the mRNA technology-transfer hub, an initiative set up by the World Health Organization (WHO) last year to develop the vaccine manufacturing capacity in low- and middle-income countries.
- Categories
- Coronavirus, Health Care
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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The Emerging Africa Infrastructure Fund Backs 40MW Kesses Solar Project in Kenya with US $35 Million Loan
The Emerging Africa Infrastructure Fund confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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