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Oneport 365 Secures $5 Million in Seed Funding to Help Digitise Africa’s Freight Management
OnePort 365 has bagged $5 Million in seed funding to build an operating system for cross-border trade in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- startups, transportation
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First of Its Kind Fund Launches to Fuel Sustainable Development Goal-Driven Innovation in Africa
The GIIG Africa Fund will invest annually in the winners pool from the African region of the Global Startup Awards (GSA).
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: In Rural Nigerian Communities, Small Electric Vehicles Powered by Microgrids Cost the Same as Fossil Fuels and Expand Access to Electricity
RMI, Factor[e] Ventures and the UK-charity Shell Foundation show scaling electric mobility with a growing minigrid industry is profitable for both minigrid and electric vehicle operators and improves community access to transportation
- Categories
- Energy, Transportation
- Region
- Sub-Saharan Africa
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Sun King Raises $260 Million to Widen Clean Energy Access in Africa, Asia
One of the largest solar companies in Africa and Asia, Sun King, has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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We-Fi announces New Round of Funding for Women Entrepreneurs; $15 Million to the Africa Digital Financial Inclusion Facility to Improve Access to Finance for Women-owned Small Businesses
Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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African Development Bank Approves $180 Million Loans to Extend Electricity Access to Rural Areas in Rwanda
This follows the 26 May 2021 approval for $84.2 million from the resources of the African Development Fund (ADF), the concessional window of the Bank Group, for the same project.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Bboxx Reportedly Acquires Ghana’s Peg Africa for $200 Million
Bboxx, a London-headquartered cleantech startup has reportedly acquired PEG Africa, another cleantech startup based in Accra.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, startups
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Kenya Eyes $244 Million Budget Support From IMF
The International Monetary Fund (IMF) plans to release $244 million to Kenya to finance its budget “in the coming weeks” after its staff expressed their satisfaction with Nairobi’s economic reforms in the face of Covid-19.
- Categories
- Agriculture, Coronavirus, Investing
- Region
- Sub-Saharan Africa
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