News

Revolutionizing Agriculture: BII's $26.5M Investment in AFEX for Food Security

In a momentous stride towards enhancing food security and supporting smallholder farmers, British International Investment (BII), the UK's development finance institution and impact investor, has committed $26.5 million to AFEX, Africa's foremost commodities platform.

by Joel Omulo

Revolutionizing Agriculture: BII's $26.5M Investment in AFEX for Food Security

Funding News

Egyptian Health Tech Almouneer: Transforming Healthcare for Diabetes and Obesity

Almouneer, an Egyptian health tech company, has emerged as a pivotal player in the health sector. With a mission to revolutionize healthcare for those grappling with diabetes and obesity, it recently secured $3.6 million in funding.

by Joel Omulo

Egyptian Health Tech Almouneer: Transforming Healthcare for Diabetes and Obesity

News Resources

Unlocking the Potential of Africa’s Corner Shops: Lengo AI's Data-Driven Magic

Lengo AI, a company founded in Senegal, is revolutionizing the way local corner shops operate, breathing new life into these community hubs through the power of data.

by Joel Omulo

Unlocking the Potential of Africa’s Corner Shops: Lengo AI's Data-Driven Magic

News

Microsoft's Vision for the African AI Revolution

Microsoft has unveiled a visionary plan to support and empower African youth in the realm of artificial intelligence (AI). To achieve this mission, it has partnered with the Presidential Youth Employment Service (YES) to upskill 300,000 South African youths.

by Joel Omulo

Microsoft's Vision for the African AI Revolution

News Growing Funding

Empowering Healthcare through Innovation: USAID Awards Maisha Meds $5 Million

The $5.25 million in funding, disbursed over three years by USAID's Development Innovation Ventures (DIV), is set to boost Maisha Meds' expansion efforts.

by Joel Omulo

Empowering Healthcare through Innovation: USAID Awards Maisha Meds $5 Million

News Startup Updates

Telegram Wallet Partners with Ivory Pay for African Expansion

This strategic partnership is geared towards enhancing Peer-to-Peer (P2P) transactions and bolstering liquidity for Telegram Wallet users in key African markets, including Uganda, Kenya, Nigeria, Ghana, and South Africa.

by Joel Omulo

Telegram Wallet Partners with Ivory Pay for African Expansion

News Startup Updates Resources

SIMAD iLab: Nurturing Somali Startups

SIMAD iLab has embarked on an ambitious expansion plan to further support budding entrepreneurs. The expansion includes the establishment of an innovation theater, a creative digital studio, an executive space, and a dedicated area for startups and Micro, Small, and Medium-sized Enterprises (MSMEs).

by Joel Omulo

News Startup Updates

Navigating Egypt's Debit Card Restrictions: A Challenge for Startups

Startups in Egypt have found themselves facing a unique set of challenges as they grapple with the Central Bank of Egypt's (CBE) directive to suspend debit card usage outside of the country. To circumvent these limitations, founders have been exploring various solutions.

by Joel Omulo

Navigating Egypt's Debit Card Restrictions: A Challenge for Startups

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