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Kubik Reportedly Becomes First Ethiopian Company To Earn A Multi-Million-Dollar Investment In Climate And Sustainability Solutions
Ethiopian sustainable tech startup Kubik has scored a first for the country: According to a press release sent to AFROTECH, it has raised $5.2 million in a seed round.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Renda, Which Provides Order Fulfillment for Businesses in Africa, Takes in $1.9 Million
Renda, which simplifies order fulfillment and retail distribution for businesses in Africa, has secured a $1.9 million pre-seed round.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- distribution, MSMEs, startups
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Rwanda Gets €100 Million from European Investment Bank For Sustainable Agriculture
This initiative aims to transform rural Rwandan agriculture by making credit more accessible to agritech startups and agribusinesses.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Chowdeck Raises $2.5 Million Seed Funding to Optimise On-Demand Food Delivery
Chowdeck is a Nigerian on-demand food delivery startup.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups
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Report: The Capital Women Need, for the Future We All Need
Melinda French Gates pens the foreword to a new paper that addresses the need to expand access to affordable credit for women entrepreneurs in the Global South.
- Categories
- Finance
- Region
- Global
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Africa’s Top Fintech Player Is Getting Ready for an IPO
Flutterwave, the Nigeria-based digital payments company and Africa’s most valuable startup, has made changes to its corporate team as part of moves aimed at preparing for an initial public offering.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Entrepreneurs in Africa Win $400,000 to Fight Poverty
Inaugural FINCA Ventures Prize Competition Supports Women and African Entrepreneurs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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