CityBlue Hotels Invests in Kenyan Agri-Tech Startup Farm to Feed
CityBlue Hotels, Africa’s rapidly expanding hotel chain, has taken a strategic equity stake in Farm to Feed, a B2B platform that sources surplus produce directly from farmers.
Startup Updates
Egyptian Fintech Connect Money Secures $8 Million to Scale BaaS Platform
The startup, launched earlier this year, is poised to revolutionize the Banking-as-a-Service (BaaS) landscape by enabling businesses to issue white-label debit and credit cards, thus democratizing access to financial services.
Empowering Smallholder Farmers: Nigeria's Crop2Cash Secures Investment to Drive Financial Inclusion
This investment, part of Village Capital’s Reducing Inequalities Investment Facility supported by FMO’s Micro and Small Enterprise Fund (MASSIF), aims to promote financial inclusion and empower smallholder farmers across Nigeria.
Breega Launches $75 Million Fund to Support Early-Stage African Startups
This $75 million fund is focused on investing in early-stage companies across the African continent, reflecting Breega's commitment to fostering innovation and growth in emerging markets.
Yassir Acquires Tunisian Startup KooL: A New Chapter in Delivery Services
Yassir, a leading player in Africa's mobility and delivery services, has acquired KooL, a 100% Tunisian startup that dominates the meal delivery market in the northern suburbs of Tunis.
Nigerian Fintech Regxta Triumphs at Pitch2Win Startup Competition
Nigerian fintech enterprise Regxta has won the prestigious Pitch2Win competition, securing a substantial reward of US$10,000 in funding with no equity requirements.
Rwandan Startup Shambapro Wins Global Impact Challenge Award
Rwandan startup Shambapro has clinched a prestigious Global Impact Challenge Award for its innovative app addressing the future of food and agriculture. This recognition underscores Shambapro’s transformative potential in the agricultural sector and its commitment to improving farming practices.
Congolese Startup Noki Noki Secures $3 Million Seed Funding
The startup, known for its food delivery and supermarket shopping services, plans to use this investment to strengthen its presence in its existing markets and to establish a foothold in new markets, including the Democratic Republic of Congo (DRC).
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