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Kenyan Startup StudyLabAI Gives Students an AI Tutor Built on Their Own Course Material
Founded in August 2024 by Abdulrahman Yunis and Anas Kali, StudyLabAI is aimed at students aged 14-25, and the teachers who teach them.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Nithio Backs Nigeria’s Electric Mobility Startup Max as Series B3 Extends to $29 Million
Founded in 2015, MAX runs a vehicle and battery subscription platform that combines electric vehicles, digital payments, fleet management, asset financing and energy infrastructure.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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African Entrepreneurs Win $400,000 in Catalytic Funding to Scale High-Impact Startups
Six African startups have been selected as winners of the 2026 FINCA Ventures Prize Competition, receiving a combined $400,000 in catalytic funding to accelerate their impact in key resilience sectors.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
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Parked Capital is a Missed Opportunity: Why Donor-Advised Funds Should be Funding Climate Businesses Now
If philanthropic capital is waiting for a rainy day to address climate change, it’s already pouring. But according to Adam Fraser at Terraset, instead of supporting solutions to this challenge, a significant source of funding is either lying dormant — or actively contributing to the problem. As he explains, Donor-Advised Funds (DAFs) are sitting on over $327 billion in capital: money that was already gifted to a charitable entity and earmarked for the public good. That money is invested in the market, growing tax-free, and sometimes even financing high-emission sectors like the fossil fuel industry, while innovative startups struggle to fund carbon removal and other climate solutions. He explores the sort of impact this funding could make if it were mobilized, and argues that the time to deploy it is now.
- Categories
- Energy, Environment, Investing
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Twiga Foods Enters Administration After Years of Financial Pressure
"Twiga’s fall is particularly notable because of how much money and attention it attracted during its growth years."
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Missing the Exit: The Growing Need for New Exit Pathways in Agriculture Investing
Exits make the wheel of impact investing go around, enabling companies to sustain and grow their operations, while also allowing investors to recycle returned capital into other impactful solutions. But as Coco Lim at Acumen explains, right now that wheel is not turning — particularly in agriculture, which has the lowest ratio of exits to deals of any sector in Africa. She argues that this situation puts impact investors at a crossroads: They can stay the course and hope that big exits are around the corner, or they can build the necessary exit pathways themselves. She discusses the challenges of achieving exits in smallholder-focused agriculture, highlighting the limitations of current investing models and exploring some exit strategies that offer untapped opportunities for impact investors and businesses.
- Categories
- Agriculture, Investing
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Nigeria’s Shuttlers Launches Shared Door-to-Door Car Service for Lagos Commuters
With over 10 million journeys completed, more than 11,000 daily riders, and over 430 buses operating daily, Shuttlers is building the infrastructure for the future of urban mobility in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- infrastructure, startups
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Zankore Expands Southeast Asia’s AI Compute Infrastructure With NVIDIA
ZanKore is building an AI cloud platform to expand AI computing infrastructure from Indonesia across Southeast Asia and beyond.
- Categories
- Technology
- Region
- South Asia
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