Revolutionizing Aquaculture: Aquarech Secures $1.7M Funding Boost Led by Aqua-Spark
Aquarech, the country's pioneering fish farming platform, has successfully raised $1.7 million in a funding round led by Aqua-Spark.
Funding
Egyptian Startup WayUp Sports Scores Big in Seed Funding Round
Egypt's WayUp Sports has clinched a substantial seed round of funding. The investment, led by Beltone Venture Capital, Index Sports Fund, and strategic angel investors, is poised to propel WayUp Sports into a phase of regional expansion.
Aduna Capital Unveils $20M Fund to Fuel Tech Innovation in Northern Nigeria and Africa
In a significant move to revolutionize the African tech startup ecosystem, Aduna Capital proudly introduces its inaugural $20 million fund. More than just an investment firm, Aduna Capital represents an ecosystem fostering innovation and entrepreneurship.
Zazuu Closes Doors Amid Funding Setback
Zazuu revealed in a solemn statement that the closure stemmed from the failure to secure a crucial growth funding round. The company expressed that every conceivable option was explored before arriving at the challenging decision to shut down its operations.
Transforming Tanzanian Agribusiness: USAID's $100M Boost for Youth Initiative
In a groundbreaking move, the US Agency for International Development (USAID) is set to infuse up to $100 million into the Tanzanian government's ambitious Building a Better Youth and Women Initiative for Agribusiness (BBT – YIA).
Bio-Logical Secures $1 Million Seed Funding to Expand Biochar Carbon Removal in Kenya
Bio-Logical, a pioneering climate tech company, has successfully raised a $1 million seed round, signaling a significant step in its mission to establish climate-resilient communities among smallholder farmers globally.
Empowering Women-led Tech Start-ups: Standard Chartered's $50,000 Grant Initiative
In a significant stride towards fostering the growth of women-led technology businesses in Nigeria, Standard Chartered Bank has awarded a total of $50,000 in grants to five successful recipients from its Women in Technology Cohort 4.
Safaricom, M-PESA Africa, and Sumitomo Corporation Launch the Spark Accelerator
The Spark Accelerator initiative is a testament to the unwavering commitment of these industry leaders to empower the next generation of innovative minds and is poised to change the game for startups.
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