Funding

FAO's $650,000 Grant Initiative: Catalyzing Organic Vegetable Production in Tanzania

FAO, a cornerstone of the United Nations, has unveiled a substantial grant of $650,000 in collaboration with the World Vegetable Centre (WVC) Eastern and Southern Africa. This initiative aims to invigorate organic vegetable production and research endeavors in Tanzania.

by Joel Omulo

FAO's $650,000 Grant Initiative: Catalyzing Organic Vegetable Production in Tanzania

News Companies Funding

Pioneering Growth Capital in Africa: XSML Capital Raises $98.7m

XSML Capital, a frontrunner in providing growth capital to SMEs in Central and Eastern Africa, has embarked on its latest venture with the launch of the African Rivers Fund IV. With a first close of $98.7 million, XSML Capital is poised to double its investments and expand its impact.

by Joel Omulo

Pioneering Growth Capital in Africa: XSML Capital Raises $98.7m

News Companies Funding

Nigerian FinTech Youverify Revolutionizes AML Solutions with $2.5M Investment from Elm

Nigerian FinTech powerhouse, Youverify, is spearheading innovation in AI-driven Anti-Money Laundering (AML) solutions. With a recent $2.5 million investment from Elm, Youverify is poised to redefine global AML risk intelligence and streamline compliance processes for businesses worldwide.

by Joel Omulo

Nigerian FinTech Youverify Revolutionizes AML Solutions with $2.5M Investment from Elm

News Funding Startup Updates

Pioneering Fintech Solutions in Morocco: Gwala Secures an Undisclosed Pre-Seed Round

Morocco's leading fintech startup, Gwala, has achieved a significant milestone by securing an undisclosed pre-seed round of funding. The recently secured funds will be instrumental in scaling Gwala's product offerings, recruiting top-tier talent, and driving expansion initiatives.

by Joel Omulo

Pioneering Fintech Solutions in Morocco: Gwala Secures an Undisclosed Pre-Seed Round

News Funding

Enabling Digital Inclusion: Morocco’s ORA Technologies Funding Triumph

ORA Technologies, a burgeoning startup based in Morocco, has secured a significant milestone in its journey towards digital and financial inclusion. The company has successfully raised $1.5 million in seed funding from local entrepreneurs, marking a pivotal moment for its growth trajectory.

by Joel Omulo

Enabling Digital Inclusion: Morocco’s ORA Technologies Funding Triumph

News Funding

Bimalab Africa gets $600,000 to expand operations to 5 new African countries

Bimalab Africa, under the umbrella of the FSD Africa Insurtech Accelerator Program, has received a significant financial injection of $600,000 from the Swiss Re Foundation. This funding aims to fuel the expansion of operations across the African continent.

by Joel Omulo

Bimalab Africa gets $600,000 to expand operations to 5 new African countries

News Funding Growing

South Africa’s Planet42 Secures Funding to Drive Auto Financing Expansion

South African rent-to-buy startup, Planet42, backed by the global internet corporation Naspers, has recently announced significant financial backing through equity funding and local-currency debt. This infusion of capital is poised to propel the company's expansion efforts.

by Joel Omulo

South Africa’s Planet42 Secures Funding to Drive Auto Financing Expansion

News Funding

Transforming Healthcare Education: Egyptian Healthtech 30Med Secures Pre-Seed Funding

Egyptian B2B healthtech startup, 30Med, led by the visionary entrepreneur Dr. Ayman Ragab, has reached a significant milestone in its journey towards reshaping healthcare education.

by Joel Omulo

Transforming Healthcare Education: Egyptian Healthtech 30Med Secures Pre-Seed Funding

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