Joel Omulo

Empowering Tech Talent: Egyptian Startup Sprints Secures $3 Million to Fuel Expansion

Sprints emerges as a beacon of innovation and opportunity. With a recent infusion of $3 million in bridge funding, the AI-powered edtech startup sets its sights on an ambitious expansion drive into 10 new markets.

by Joel Omulo

Empowering Tech Talent: Egyptian Startup Sprints Secures $3 Million to Fuel Expansion

News Funding Manufacturing

CFAO Group invests $3 million in BasiGo to boost East Africa’s Electric Bus Production

BasiGo, a leading electric bus company, has secured a significant boost of $3 million (Sh396 million) in equity funding from the CFAO Group. This strategic investment aims to accelerate the production and delivery of electric buses in Kenya and Rwanda.

by Joel Omulo

CFAO Group invests $3 million in BasiGo to boost East Africa’s Electric Bus Production

News Funding

IFC's Strategic Investment in 4DX Ventures: Accelerating Tech Innovation in Africa

The International Finance Corporation (IFC) has announced a $10.5 million investment in 4DX Ventures, a prominent New York-based venture capital firm specializing in early-stage African technology companies.

by Joel Omulo

IFC's Strategic Investment in 4DX Ventures: Accelerating Tech Innovation in Africa

Founders

The Story of Nigerian Prince Abalu Somtochukwu and Royaltie Multipurpose Company

The inception of Royaltie Multipurpose Company on the 18th of February 2020 was not merely a business venture but a manifestation of Prince Abalu's resilience and entrepreneurial spirit. Originally a musician, Prince Abalu ventured into business due to the challenges of funding his musical career.

by Joel Omulo

The Story of Nigerian Prince Abalu Somtochukwu and Royaltie Multipurpose Company

News Companies

Valu's Strategic Partnership with Braun: Revolutionizing Access to Grooming Products in Egypt

Valu, the leading financial technology powerhouse in the MENA region, has announced its strategic partnership with Proctor & Gamble (P&G) to introduce innovative financing solutions for Braun's grooming products' consumers.

by Joel Omulo

Valu's Strategic Partnership with Braun: Revolutionizing Access to Grooming Products in Egypt

News Companies

South African Edtech Startup Koa Academy Triumphs at MEST Africa Challenge

Koa Academy emerged triumphant at the 2023 MEST Africa Challenge, held in Accra, Ghana, in March 2024. Koa Academy's journey from regional contender to ultimate champion underscores the transformative potential of edtech startups in Africa's evolving entrepreneurial landscape.

by Joel Omulo

South African Edtech Startup Koa Academy Triumphs at MEST Africa Challenge

News Funding

Driving Towards Sustainability: Ethiopia’s Dodai $4 Million Funding Boost

In the heart of Addis Ababa, Dodai, an electric vehicle manufacturer, is spearheading Ethiopia's transition towards eco-friendly transport solutions. With a recent infusion of $4 million in Series A funding, Dodai is poised to accelerate its production capabilities.

by Joel Omulo

Driving Towards Sustainability: Ethiopia’s Dodai $4 Million Funding Boost

News Resources

Unlocking Opportunities: BH Africa Startup Awards Returns for its Second Edition

The Burning Heroes (BH) Founders Association announces the opening of applications for the second edition of the BH Africa Startup Awards. The BH Africa Startup Awards connects founders with a diverse array of stakeholders, including investors, media representatives, and industry experts.

by Joel Omulo

Unlocking Opportunities: BH Africa Startup Awards Returns for its Second Edition

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