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Small Steps Taken Towards Greater Gender Diversity in African Startup Ecosystem in Last 2 Years, Says New Report
The report was released in partnership with industry stakeholders, led by Madica, an Africa-focused pre-seed investment programme dedicated to empowering underrepresented and underfunded mission-driven founders.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan Teenagers Build $126 Exhaust Filter From Maize Cobs and Coconut Shells
Fredrick Njoroge Kariuki and Miron Onsarigo call their invention HewaSafi, Swahili for "clean air". It is designed to fit onto matatus, the privately owned minibuses that carry millions of passengers across Kenya's cities every day and are among the country's biggest sources of urban air pollution.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Egyptian E-Health Startup Reme-D Raises $1.45 Million Pre-Series a Funding
Founded in 2023 by Salma Tammam, Reme-D develops and manufactures molecular diagnostic tests for diseases including tuberculosis (TB), HIV, hepatitis, and HPV, with a focus on delivering affordable, temperature-resilient diagnostics for underserved markets across Africa.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Africa Go Green Backs BioLite’s Clean Cooking Rollout in Zambia Under Article 6.2 of the Paris Agreement
The carbon credits generated by the project will be sold to Switzerland’s KliK Foundation under a Mitigation Outcomes Purchase Agreement (MOPA) entered into between BioLite and the KliK Foundation.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Philippines Taps AI to unlock Bank Loans for Small Businesses
The agreement aims to strengthen creditworthiness, boost productivity, and streamline loan application processes for local entrepreneurs.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Acumen’s ARAF Fund Raises $90 Million to Take Its Climate-Resilience Playbook to North Africa
ARAF aims to deliver direct impact to at least an additional 4m farmers with the fresh capital, managed by Acumen Capital Partners, a wholly owned subsidiary.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Social Finance First: Standard Bank Pioneers $29 Million Helios Towers Facility
Standard Bank has launched its first social documentary credit facility, providing Helios Towers with a $29m trade finance solution structured under the Loan Market Association's social loan principles.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Kenyan Startups Fuzu and Kyosk Secure Funding from Jobtech Alliance
Jobtech Alliance, an ecosystem-building initiative around inclusive jobtech in Africa steered by Mercy Corps and BFA Global, aims to create an enabling environment for entrepreneurs to build platforms that deliver quality livelihoods, are inclusive, and enable users to engage in decent work.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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