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Kenyan Agritech Startup, Shamba Pride, Secures $3.7 Million for the Expansion of Its Merchant Network
Shamba Pride uses digital technology to equip agro-dealers, empowering them to manage their businesses and order inventory efficiently.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
-
Africa’s Top Smartphone Seller Transsion Is the World’s Fastest Growing Phone Maker
Transsion, the top smartphone seller in Africa, posted the highest annual growth in smartphone shipments in 2023 of the top five phone makers in the world.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Aboyeji and Koschitzky-Kimani Launch ‘African YC’ with Support from a $750,000 USAID Grant
With both founders having experienced significant startup successes, they aim to foster the next wave of global businesses from Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
-
Press Release: UNDP And African Leaders Launch Timbuktoo Initiative to Unleash Africa’s Startup Revolution
Promoted by the UNDP, timbuktoo aims to address critical gaps and work with African governments, investors, corporates, and universities, to support the African startup ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Africa’s Biggest Oil Refinery Begins Production in Nigeria with the Aim of Reducing Need for Imports
Some citizens have expressed hope that the new plant would soon help reduce consumer gas prices, which have tripled from a year ago after the government stopped decades long subsidies.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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BRD and KfW Sign €15.6 Million to Support Rwanda SMEs and Export Growth
The agreement aims to foster the growth of both emerging and export-oriented SMEs in Rwanda, with a specific focus on women-led enterprises.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Job Growth is More than Digital Job Growth: Why Both Online and Offline Enterprises Deserve Investor Support
The appeal of the tech-driven economy can be hard for investors to resist. But Liliosa Mbirimi at the Leila Janah Foundation argues that focusing exclusively on the digital realm can exclude many offline entrepreneurs that are making major contributions to job creation in emerging markets. She discusses the need for investors to support both digital and non-digital entrepreneurs, and shares learnings from the Foundation's efforts to provide this support in Kenya and Uganda.
- Categories
- Investing, Technology
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Nominations Open for the 5th Gulbenkian Prize for Humanity (€1 Million)
The 1 million euro Gulbenkian Prize for Humanity recognises outstanding contributions to climate action and climate solutions that inspire hope.
- Categories
- Environment, Investing
- Region
- Global
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