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South African Insurance-Technology Start-up Naked Raises R700-Million in Biggest Funding Round to Date
The funding round, which included existing investors such as Hollard and the International Finance Corporation, has drawn funding for the first time from BlueOrchard, a global impact investment firm.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Angola Seals $231 Million Satellite Deal With France
Airbus Defence and Space in France will construct ANGEO-1, the first Angolan Earth observation satellite.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
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Bboxx, Radiant Yacu Launch Affordable EV Insurance, Benefitting 130,000 Rwandan Motorbike Riders
Innovative “Bboxx Protect” cuts costs by over 40%, accelerates EV adoption, and boosts financial inclusion in Rwanda.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Press Release: Symbiotics and VisionFund Strengthen Partnership With the Issuance of USD 10 Million Bond to Support Livelihoods of Marginalized Women in More Than 25 Countries
The bond will enable VisionFund’s microfinance institutions to provide much-needed loans to underserved communities.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South African SAAS Startup TACo Raises $1.6 Million to Power AI Sustainability Platform
The company’s impact-driven approach has garnered support from investors who align with its vision of driving measurable benefits for people, the planet, and profit.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, data, innovation, startups
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Nigerian Fintech Lemfi Secures $53 Million Series B Funding to Drive European Expansion
The new funding will enable Lemfi to secure additional licenses and form new partnerships while enhancing its offerings with localized services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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£3 Million Grant to Support Perovskite Solar Module Manufacturing in Africa
The project’s focus is on the potential of perovskite solar technology, a more affordable and energy-efficient alternative to traditional silicon-based solar cells.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Press Release: Novastar Ventures Backs the Growth of Sistema.bio in Africa
Novastar has joined Sistema.bio’s recent internal financing round of USD 7.75 million with a USD 3.5 million investment.
- Categories
- Agriculture, Energy, Environment
- Region
- Sub-Saharan Africa
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