Startup Updates

Kenyan agri-tech startup Farm to Feed has recently announced securing an undisclosed amount of funding from Renew Capital, a pan-African investment firm. This investment marks a significant milestone for Farm to Feed as it prepares to scale its operations and impact within the agricultural sector.

Egyptian-based group-buying startup Waffarha has successfully closed a seven-figure seed round, signaling a pivotal moment in its growth trajectory. The funding infusion will fuel the expansion of its technology infrastructure, talent acquisition, and geographic footprint.

Madica, an African-focused pre-seed investment programme, has announced its inaugural investments in three promising African startups: Kola Market, GoBEBA, and NewForm Foods.