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Google Sets up $50 Million Fund To Invest in African Startups
Google plans to invest up to $50 million in African early- and growth-stage startups via its Africa Investment Fund, ramping up efforts to support more businesses on the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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WHO Approves Malaria Vaccine in Historic First for Global Health
It’s a groundbreaking moment for public health that could save tens of thousands of lives annually.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Press Release: DPI Raises One of the Largest Africa Funds at US $900 Million to Invest in Innovation-Led Companies
ADP III will invest in established and growing companies in industries that benefit from Africa’s fast-growing middle class and the increasing digital transformation of the continent.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- ESG, impact investing, SDGs
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US Developer Lands $1.75 Million Deal for Nigerian Mini-Grids
Former start-up Husk, which originally based its business on renewables powered by rice industry waste products, has agreed to develop seven solar-plus-storage mini-grids across rural communities in Nasarawa state.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Investors From Silicon Valley to China Catch the African Fintech Bug
With the banking emphasis now squarely on mobile money and digital transactions, exciting opportunities are attracting investors from across the globe to Africa's fintech space.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Analysis: Zimbabwe Cracks Down on Currency Dealers on Social Media and Mobile Money Platforms
With the government cracking down on mobile money, the country’s financial woes may just worsen.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Verto Picks up $10 Million for Cross-Border Payments Play in Emerging Markets
Verto, a global B2B payments platform allows small and medium-sized enterprises to make payments to their suppliers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Sun Exchange Secures $2.5 Million Convertible Note Financing
The latest investment enables Sun Exchange to continue scaling its success using its crowd-based solar leasing platform to facilitate solar power for small-to-medium organisations in Sub-Saharan Africa,
- Region
- Sub-Saharan Africa
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