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AFEX Raises $26.5 Million to Address Food Security in Nigeria, Kenya, and Uganda
Supporting smallholder farmers to achieve a fair wage is vital to ensure they remain in operation, producing more and higher quality crops for local consumption.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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SOCAP23 Takeaways, Highlights, and Lessons in Impact
Get inspired and ready to take action with the thoughts collected from the SOCAP23 stages.
- Categories
- Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Yaga Raises $2.3 Million to Grow Pre-loved Fashion Market in Africa
Women across Africa and Asia will soon be spoilt for choice when it comes to second-hand clothing after Yaga, a women-founded e-commerce start-up, raised €2.2 million ($2.3 million) to grow its platform.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Bluepeak Private Capital Closes $156 Million Fund to Support African Businesses
BluePeak Private Capital, a private capital firm, has closed its flagship fund at $156 million to support scalable businesses in Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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South Africa’s WhereIsMyTransport Closes After Failing to Secure Investment
WhereIsMyTransport is the latest in a host of well-regarded and well-funded African startups to have closed down this year amid a fall in liquidity within the global venture capital market.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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Viewpoint: Why We Believe Open Sourcing Our Financing Approach Can Accelerate Universal Energy Access in Africa
Openly sharing information has accelerated the impact of innovation on people’s lives for centuries. The most radical and formalized example is the open source movement in software.
- Region
- Sub-Saharan Africa
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Kofa and TAILG’s Electric Journey: Revolutionising Transport in Africa
TAILG also plans to integrate Kofa batteries into a range of new and existing models and support the spread of electric vehicles in Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
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BURN Manufacturing Issues US$10 Million Green Bond To Support Clean Cooking
The proceeds from the bond will allow BURN to increase existing manufacturing capacity in Kenya as well as launching a new manufacturing facility in Lagos, Nigeria.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa