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Tanzanian Healthcare Startup, Medikea, Receives Funding to Address Health Issues Triggered by Climate Change
Harnessing innovation, Medikea tries to bridge the healthcare accessibility gap by integrating around-the-clock telemedicine services and strategically sited clinics.
- Categories
- Environment, Health Care
- Region
- Sub-Saharan Africa
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Uganda-Based Electric Cooking Startup PowerUP Announces Successful Initial Close of its Seed Round
PowerUP is at the forefront of transforming cooking habits in Africa, introducing households to a new era of clean and efficient electric cooking.
- Categories
- Energy, Health Care, Technology
- Region
- Sub-Saharan Africa
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Village Capital, Standard Chartered Bank Invest in Women-Led Startups
With a primary focus on early-stage, impact-focused startups led by women founders, the initiative seeks to address the gender financing gap that persists in the entrepreneurial ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Should I Stay or Should I Go?: Why Latin American Entrepreneurs Should Stay in the Region — And How Corporate Venturing Can Power Their Growth
Many young entrepreneurs in Latin America are leaving the region to pursue their entrepreneurial journey abroad. International legal advisor Eugenia Di Marco explores the reasons behind this decision, and discusses a promising source of support that could convince them to stay: corporate venturing — i.e., investments and initiatives aimed at supporting external innovation and building a vibrant business ecosystem where startups can thrive.
- Categories
- Investing, Technology
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African Tech Startup Investment Falls 28% to $2.4 Billion in 2023 as Global “Funding Winter” Begins to Bite
This is the first time the sector, which has expanded so exponentially in the last few years, has declined since 2016.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Ampersand, a Rwandan E-Bike Startup, Raises $19.5 Million in a Funding Round
The Ampersand fleet has increased to over a thousand since its commercial launch in May 2019, and by the end of 2024, it is projected to surpass ten thousand.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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How African Startups Raised Funding in 2023
With equity funding becoming rare, several startups found it hard to survive, leading them to either cut down their teams or scale down operations and, in some cases, close shop.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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AltSchool Africa Launches in Kenya to Continue East-African Push
The startup which has 60,000 in over 100 countries provides courses aimed at fast-tracking entry into global tech roles.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
