Funding
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IBISA Targets Africa and Asia with $3 Million Investment in Parametric Insurance
IBISA, a Luxembourg-based insurtech startup, recently secured $3 million in funding, led by the Acumen Resilient Agriculture Fund (ARAF) and Equator. Climate change is wreaking…
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Kenya Leads African Startup Funding in First Half of 2024
Kenya emerged as the undisputed champion in the first half of 2024 among African startups, attracting the most funding of a remarkable $244 million, while…
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Norfund Unlocks Financial Inclusion Potential with Fintech Investments
Norfund, a Norwegian investment management company focused on emerging markets, announced yesterday a strategic $20 million investment in the Apis Growth Markets Fund III .…
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IBISA: Shielding Agriculture from Climate Shocks with Innovative Insurance
IBISA has recently secured $3 million in funding from a consortium of prominent investors, including The Acumen Resilient Agriculture Fund (ARAF), Equator, Asian Development Bank…
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Congolese Startup Noki Noki Secures $3 Million for Pan-African Expansion
Noki Noki Services, a Congolese logistics and last-mile delivery startup, is reaching new levels of success with a recent $3 million funding secured from Uma…
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EBRD Funds Construction of a 10 MW Solar Plant in Tunisia
The European Bank for Reconstruction and Development (EBRD), a leading institution promoting sustainable energy solutions, has announced a significant investment in Tunisia’s solar power sector.…
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Co-operative Bank of Kenya Secures $25 million Loan from DEG for Women-Led MSMEs
The Co-operative Bank of Kenya has secured a significant $25 million long-term loan from DEG, a leading German development finance institution . This significant funding…
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United Kingdom Investment in Kenya’s Green Initiatives
The UK has pledged a major increase in green funding;initiatives that prioritize environmental sustainability, up from £3.1 million to a substantial £6.6 million (approximately Ksh.…
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South African Edtech Startup Hyperiondev Accelerates Growth with $5 Million Investment Boost
HyperionDev, a South African company at the forefront of tech education, has secured a substantial investment of R95 million (approx. $5 million), bringing their total…
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Pula Secures $20 Million Funding for InsuResilience Expansion
Pula, an insurance company based in Kenya, recently secured a $20 million Series B funding led by BlueOrchard Finance Ltd as part of its InsuResilience…
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