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HEVA Fund, British Council Launch US $5.3 Million Grant Facility To Support Creative and Cultural Industries in 14 East African Nations
HEVA Fund LLP and the British Council have established a grant facility, Ignite Culture, for the support of creative and cultural industries.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Harrowing UN Report on Nutrition Gives Africa Food for Thought
The latest United Nations (UN) Food and Agriculture Organization State of Food Security and Nutrition in the World (Sofi) report shows a forthcoming global shift of food insecurity towards Africa.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Female-Owned Battery Manufacturer Secures $1.3 Million Investment in South Africa
A South African black empowered female-owned SME, I-G3N, which develops lithium-ion batteries, has successfully raised $1.3 million in investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Nigerian E-commerce Startup, Omnibiz, Secures $3 Million Seed Round To Expand Across West Africa
Nigeria-based Business to Business (B2B) eCommerce startup, Omnibiz has announced securing $3 million in a seed round.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Nigerian Angel Investor Olumide Soyombo Co-Launches Fund to Bridge Funding Gap for African Startups
After years of investing on his own, Nigerian angel investor Olumide Soyombo is launching his own venture to support African-based startup companies.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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$58 Million From Acumen for Climate Resilience of Smallholder Farmers
Funded by several international financial institutions, the Acumen Agricultural Resilience Fund (ARAF) will work in several countries affected by climate change, most of which are in Africa.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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