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Lagos, Nairobi, Kigali Entrepreneurs Invited to Apply for Global Urban Innovation Challenge for Emergent Cities
Utopia and the World Economic Forum’s new Centre for Urban Transformation have launched a global Urban Innovation Challenge to activate an ecosystem of 800 innovative urban entrepreneurs, investors, and mayors across Asia, Africa, and Latin America.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Shell Foundation’s EEGF Receives $13 Million Injection to Accelerate Access to Clean Energy in Sub-Saharan Africa
Energy Entrepreneurs Growth Fund (EEGF) in Africa has received a US$13 million injection from FinDev Canada.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Bolt Raises €628 Million, Its Largest Funding Ever, to Boost Growth
The company says it will use part of the funding to accelerate the expansion of its new and existing mobility and delivery products across Eastern African markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Ajim Capital Launches $10 Million Fund to Invest in African Startups
Ajim Capital, a venture capitalist firm based in the US has launched a $10 million fund to invest in African tech startups allowing entrepreneurs to focus on growing their businesses.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Medical Credit Fund Raises $37 Million from the Netherlands’ Government, Philips, European DFIs to Boost Financing for SMEs to Fight Malaria, Boost Maternal Health in Africa
Medical Credit Fund, one of the four nonprofit members of the Netherlands-based PharmAccess Group, recently raised a mix of equity and debt totaling EUR 32.5 million to “expand the Fund’s presence and support to healthcare providers in sub-Saharan Africa.”
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Afrikrea Raises $6.2 Million in New Funding, Rebrands to Anka
The e-commerce platform, which aims to bring African-made products to a global audience, has completed a $6.2 million pre-Series A funding round and rebranded to Anka.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, infrastructure
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YC-backed Namibian Startup JABU Gets $3.2 Million for Its B2B E-commerce and Retail Play
As a last-mile distribution e-commerce company, JABU joins a list of startups across the continent that help small retailers order and stock their products and, at the same time, provide data-driven services to suppliers and manufacturers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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Financing to Boost Renewables, Energy Access and Efficiency in Côte D’Ivoire
EDFI ElectriFI has backed microfinance institution Fin’ELLE with a €1.5 million ($1.69 million) investment to boost renewable energy, energy access and energy efficiency in Côte d’Ivoire.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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