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Analysis: EV Manufacturing Shows Signs of Promise in Africa
Several African start-ups have manufacturing operations on the continent, but far greater investment is needed for the sector to flourish.
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Innovate Africa Launches, Announces $2.5 Million Angel Fund for African Early-Stage Founders
The sector-agnostic fund aims to support up to 20 startups in its first year to solve complex, recognised problems.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Norway Invests $307 Million in Electric Mobility Start-ups in Kenya
With the proliferation of mobility start-ups, the preparation of tax incentives and the construction of new electric vehicle assembly plants, Kenya’s green mobility policy is on the up.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, startups
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Press Release: Ten African Startups Selected to Receive Funding to Develop Blue and Green Economy Solutions
Recognizing the wealth of ideas and the potential of Africa’s young innovators, BFA Global, FSD Africa, and the IUCN launched the Africa Blue Wave and Regen Wave initiatives to unlock solutions for Africa’s blue and green economies.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
The funding round was led by Acumen Resilient Agriculture Fund (Araf) and Equator, with participation from Asian Development Bank Ventures (ADBV) and existing investors like Ankur Capital.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Deals With Microsoft, Shopify and Stripe Fail to Keep Carbon Removal Startup Alive
In June, Running Tide announced plans to dissolve despite high-profile early customers.
- Region
- Europe & Eurasia
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Norfund Invests $20 Million in APIs Growth Markets Fund III to Propel Fintech Expansion in Developing Economies
Norfund aims to address the financial needs of underserved populations by broadening its investment strategy to include fintech ventures.
- Categories
- Finance, Technology
- Region
- Global
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Meta Gradually Opens the Door to Monetisation for Nigerian, Ghanaian, and Other African Creators
Content Creators in Nigeria and Ghana are now eligible to earn money on Facebook and Instagram.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- creative economy, startups, youth
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