Funding
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Nigerian Startup Juicyway Raises $3M to Scale Operations
Juicyway, a pioneering cross-border payments startup, has successfully raised $3 million in pre-seed funding. Led by P1 Ventures, the round also saw participation from renowned…
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Etana Energy Secures Major Backing for Renewable Energy Projects
GuarantCo, a member of the Private Infrastructure Development Group (PIDG), and British International Investment (BII) have joined forces with Etana Energy to unlock significant potential…
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Visa Announces Key Investments in African Fintech Accelerator Alumni
Visa has taken a significant step towards promoting digital innovation in Africa by investing in four promising startups from its inaugural Visa Africa Fintech Accelerator…
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Green Climate Fund Invests $28 Million to Advance Kigali’s Green City Initiative
The Green Climate Fund (GCF) has approved a significant grant of $28 million (approximately Rwf38 billion) to support the Green City Kigali initiative. This funding…
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BasiGo Accelerates Green Mobility with $42M Funding for East Africa’s Electric Bus Future
BasiGo, a pioneer in electric bus solutions for sub-Saharan Africa, has announced a significant milestone with the successful closure of a US$42 million funding round.…
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Sawari Ventures Announces $200M Fund Expansion into Kenya and West Africa
Sawari Ventures, a prominent venture capital firm based in Egypt, is setting up to launch its second fund, Sawari Ventures II. This new fund is…
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Octavia Carbon Secures $5M to Advance Climate Solutions in Kenya
Kenya-based startup Octavia Carbon has secured a significant $5 million seed funding round to accelerate its innovative direct air capture (DAC) technology. This funding will…
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Grid Africa Lands R50 Million Investment to Expand Solar Power Initiatives
Grid Africa, a leading renewable energy solutions provider, has received a significant financial boost with a R50 million ($2.83 million) equity investment from Rifuwo Energy…
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Scale Secures $700K in Pre-Seed Funding Led by 54 Collective and First Circle Capital
South African startup Scale has secured a significant $700,000 in pre-seed funding, positioning itself as a key player in the African fintech landscape. The funding…
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Zeno Closes Oversubscribed $9.5M Seed Round
Zeno, a pioneering startup founded by Tesla alumnus Michael Spencer in 2022, has secured a substantial $9.5 million in an oversubscribed seed round. This funding,…
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