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Degas Limited Pledges $100 Million to Make Ghana Africa’s First AI-Powered Agricultural Hub
Degas’ platform combines AI-driven satellite monitoring and agriculture techniques. The results, according to Makiura, are drawing strong interest from Japanese investors.
- Categories
- Agriculture, Investing, Technology
- Region
- Sub-Saharan Africa
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EcoSecurities and Energy Quest Foundation Launch Strategic Partnership to Accelerate E-Mobility Activities Throughout Africa
The partnership aims to unlock new sources of catalytic finance to accelerate the rollout of sustainable e-mobility infrastructure and services.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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South Africa’s Flood Raises $2.5 Million to Digitise Offline Commerce in Emerging Markets
Founded by serial entrepreneur André de Wet, Flood is a mobile-first digital commerce platform designed to power clicks-to-mortar retail in emerging markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa REN Commissions Senegal’s First Solar-Plus-Storage Plant
The facility is designed to improve grid reliability by supporting frequency regulation, providing energy during peak demand hours, and offering backup capacity during outages.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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500 Global and UNDP Launch New Innovation Programs to Boost Africa’s Ecosystem
The launch is the latest in a series of firm actions to reinforce support for the African venture ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute
54 Collective, the venture firm formerly known as Founders Factory Africa, has shut down its venture studio operations as its partnership with the Mastercard Foundation ended in legal action.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Big Tech’s “AI for Good” Spending Increases in Africa. So Does Skepticism
While Google, Microsoft, and Meta provide AI for social good, some advocates say projects exploit the continent for data, erode local control.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Payments Platform HoneyCoin Secures $4.9 Million Funding
Licensed in jurisdictions including the US, Canada, the EU and key African markets, it integrates directly with banks and telecom operators.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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