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Gricd Rebrands As ‘Figorr’, Announces $1.5 Million Seed Funding to Support Data-Driven Insurance for Perishable Goods in Africa
The funding will provide further support for its customers to manage the risks associated with perishable goods on the continent.
- Region
- Sub-Saharan Africa
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Innovations in Last-Mile Delivery: How Automation Can Revolutionize the Industry in Africa
Last-mile delivery is the crucial link that connects businesses to customers in Africa’s rapidly growing economies. As Samuel Odeloye at Motions and Demilade Onajobi at RoadPreppers Technologies explain, it powers major industries like retail, e-commerce and manufacturing — but it's plagued by inefficiencies that are slowly killing the competitiveness of these businesses. They explore how Motions uses automation to address these issues — an approach they believe can transform last-mile delivery in Africa.
- Categories
- Technology, Telecommunications, Transportation
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Coldspace Raises US $3.8 Million in Seed Funding
Coldspace intends to use the funds to expand its service capacity.
- Categories
- Technology
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Press Release: Ignite Power Acquires Mwezi’s Solar Solutions Portfolio in Africa
Mwezi, a well-known distributor of solar solutions in Kenya, has been a key player in the country's solar energy sector for several years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, scale, solar
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Altech Raises $18 Million to Expand Access to Clean Energy in The DRC
DRC-based Altech Group has secured $18 million in debt financing and grants to expand its solar energy sales and distribution network.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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AgDevCo’s $8 Million Avocado Investment in Kenya to Create 2,000 Local Jobs
Agris’ fast-expanding herb producer, Evergreen Herbs, will grow herbs and vegetables and sell through Evergreen Fresh, Agris’ distribution company.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Asian Development Bank Invests $25 Million In Quadria Capital Fund III For Health Care Investments In Developing Asia
The investment will enhance the quality, accessibility, and affordability of health care in Southeast Asia and South Asia.
- Categories
- Health Care
- Region
- Asia Pacific
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Loom Solar Raises $2 Million Funding from SIMA Funds
Loom Solar has raised $2 Million funding from US based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.
- Categories
- Energy
- Region
- Asia Pacific