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Nigeria Readies $40 Million Startup Seed Fund Backed by Japan
Nigeria had a thriving startup ecosystem even before the startup law was passed, raising more than $2 billion between 2015 and 2022.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Khula Secures $6.8 Million Series A Funding to Expand Its Agri-Tech Platform
As Khula builds on its progress, the funding will support further expansion, bringing more farmers and agribusinesses into its ecosystem while strengthening the digital infrastructure that connects them.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Egyptian Femtech Platform Motherbeing Secures $200,000 Investment from Madica’s African Startup Fund
The platform features an AI health assistant offering bilingual expert-approved answers to health questions.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
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Climate Group Funded by Bill Gates Slashes Staff in Major Retreat
Gates’ foundation shares many grant recipients with USAID, and he has predicted “millions of deaths” if the cuts are not restored.
- Categories
- Energy, Health Care
- Region
- Global
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Equator Raises $55 Million to Support African Climate Tech Startups
Despite Equator’s goal of reducing dependence on aid, its fund is still backed by several DFIs and philanthropic organizations.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Colombia’s EV Sales Soar, but Battery Recycling Startups Struggle to Keep Pace
A surge in electric vehicle sales has helped drive a boom in battery recycling, but the startups face major challenges.
- Categories
- Energy, Technology, Transportation, WASH
- Region
- Latin America
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3one4 Capital to Ramp up Deep Tech Investments Without Committing Separate Fund in India
3one4 Capital plans to enhance investments in deep tech startups in India. The sector has attracted $8.39 billion in funding, featuring 5,605 startups and a few unicorns.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: LoftyInc Capital Announces $43 Million First Close of its New Pan-African Seed Fund
LoftyInc Capital Management has secured a $43 million first close for its new LoftyInc Alpha Fund, a late-seed investment vehicle aimed at scaling Africa’s most promising tech startups, particularly in Nigeria, Egypt, Kenya, and Francophone Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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