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Arnergy, Which Provides Solar Power Systems to Homes and Businesses in Nigeria, Raises $3 Million
Arnergy was launched as a provider of sustainable energy services intended to deliver clean and reliable energy for businesses or homes.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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India’s Small Exporters Reel as Red Sea Crisis Helps Rivals Nab Business
In India, small exporters - who account for 40% of the country's annual merchandise exports worth some $450 billion - have warned that job losses have started and could soar if the attacks, which began late last year, become prolonged.
- Region
- Sub-Saharan Africa
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How an African Streaming Service Dethroned Netflix
Showmax sits at the top of the market with a vast library of local content, partnerships with Comcast and HBO, and exclusive access to the biggest football leagues in the world.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Côte D’Ivoire and IMF Ink $1.3 Billion Deal to Tackle Climate Change
This initiative underscores a global commitment to supporting vulnerable nations on their path to sustainability and resilience against environmental adversities.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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B2B Platform Zandaux Launches African E-Commerce Marketplace
Its stated ambition is to become the ‘Alibaba of Africa.’
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Partech Closes Its Second Africa Fund at $300 Million+ to Invest from Seed to Series C
Amid a backdrop of global VCs and institutional investors pulling back from Africa, Partech Africa’s recent fund closure is significant.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Nigerian Fintech Mamamoni, Dedicated to Women Empowerment, Receives €250,000 to Expand Agent Network
The investment is particularly aimed towards expanding its network of female agents, a task in which the VFD Microfinance Bank will provide assistance.
- Categories
- Social Enterprise
- Region
- Sub-Saharan Africa
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Catalyst Fund Invests $1.8 Million in Nine African Climate Startups
Notable investors include FSD Africa, FSDAi, Cisco Foundation, USAID Prosper Africa, and Andrew Bredenkamp.
- Categories
- Environment, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, startups
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