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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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Nigerian Digital Therapy Startup Blueroomcare Secures Pre-seed Funding to Expand Access to Mental Health Care Across Africa
The Nigerian startup Blueroomcare, which offers a digital therapy service covered by insurance, has successfully secured an undisclosed amount of pre-seed investment.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Aris-Based VC Breega Hits First Close of $75 Million Africa Fund to Back Pre-seed and Seed Startups
Breega prides itself on being a founders-for-founders fund, investing across pre-seed to Series A stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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