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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Analysis: How Nigeria’s GetEquity Is Pivoting to Survive Global Capital Shortage
GetEquity is now providing private investments to both individuals and institutions through its platform and API infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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$12 Million From InfraCo to Develop SunCulture’s Solar Irrigation Offering in Kenya
The 12 million dollars will support the Kenyan company's expansion in sub-Saharan Africa.
- Categories
- Agriculture, Energy, Investing
- Region
- Sub-Saharan Africa
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Entrepreneurs in Africa Win $400,000 to Fight Poverty
Inaugural FINCA Ventures Prize Competition Supports Women and African Entrepreneurs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Ghanaian E-health Startup Rivia Acquires Local SaaS Company Waffle to Expand Digital Healthcare Network
Ghana-based e-health startup Rivia collaborates with clinics to enhance service quality in the healthcare sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Analysis: African Startups and Investors Must Now Make a Case for Their Existence as Funding Dries Up
With individuals and investors flush with cash, the standards for raising venture capital fell, and many startups that would not have otherwise raised venture capital did.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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InfraCo Africa Invests in Climate-Resilient Agriculture
SunCulture offers farmers a more sustainable route to managing climate-induced variability of rainfall and displaces the need to use expensive, polluting fuel-based pumps.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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Uber Leads $100 Million Investment in African Mobility Fintech Moove as Valuation hits $750 Million
Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- electric vehicles, fintech