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Starsight Gets $10 Million Funding to Expand Solar Power Solutions in Nigeria, Ghana
A Helios and AIIM-backed solar power solutions firm, Starsight Energy, said it has obtained a $10 million financing that would enlarge its current senior debt facility in a bid to scale up its generation capacity and services in the Nigerian and Ghanaian markets.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Why the Silicon Valley-Style Investment Approach Isn’t Best for African Startups
One of the long-running tensions in the African startup investment ecosystem has been whether the Silicon Valley funding model, which seems to have been transferred wholesale to Africa’s very diverse and different tech hubs, is right for the continent’s tech hubs at this stage in their development.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Press Release: African Edtech Startup uLesson Secures $7.5 Million Series A Funding
Owl Ventures leads round with TLcom Capital, Founder Collective and LocalGlobe to scale digital access to education to millions across Africa
- Source
- Wimbart
- Categories
- Education
- Region
- Sub-Saharan Africa
- Tags
- edtech, energy access, startups
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Kenyan Startup Launches M-Health App to Ease Access to Healthcare Professionals
Kenyan startup Play Zuri Health has launched its mobile app, Zuri Health, which aims to provide certified, affordable and accessible healthcare solutions via mobile.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Lake Turkana Wind Power to Take Full Advantage of Digitization
Software as a service company Clir Renewables has today announced a partnership agreement with the Kenyan-based Lake Turkana Wind Power (LTWP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy
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Nigeria’s Daystar Power Secures US $38 Million Series B Investment Led by IFU
The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance institution (DFI). IFU is joined by new investors STOA, a French impact infrastructure fund, Proparco, the French DFI, backed by a guarantee from the European Union under the African Renewable Energy Scale-Up facility (ARE Scale-Up) and Morgan Stanley Investment Management.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, scale
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Analysis: Rwanda: Small Batches of Rwandan Coffee Pack Big Punch in World Market
The way they 'punch above their weight' is to ensure that they export high quality coffee, while remaining united through their cooperative movements, according to Angelique Karekezi, the managing director at the Rwanda Small Holder Specialty Coffee Company (RWASHOSCCO).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Covid-19: Africa Secures About 300 Million Vaccine Doses
300 million doses are being secured independently of the global COVAX effort aimed at distributing Covid-19 vaccines to lower-income countries.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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