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Report: African Startups Raised $217 Million in February 2024
From a sector point of view, Logistics & Transport represented nearly half of all the funding, thanks to Moove, followed by Healthcare, Fintech, and Energy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Prime Video’s African About-Face, Netflix’s IP Frenzy and Why African Producers Are Pondering ‘What Comes Next’ as Streamers Shift Course
The anticipated goldrush for African creators sparked by Netflix’s 2016 entry into the market hasn’t entirely come to fruition.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Sierra Leone Receives a $26.8 Million Investment to Strengthen Climate Resilience
Working with local partners, this five-year project will focus on improving food and water security.
- Categories
- Environment, Investing, WASH
- Region
- Sub-Saharan Africa
- Tags
- climate change, food security, NGOs, water
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The African Development Bank Donates $20 Million to Strengthen Food Security and Increase Incomes of Small Producers in Senegal
The project will help build several kinds of agricultural infrastructure.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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TDB Group Grants $2 Million to MPower Ventures Zambia to Enhance Access to Modern and Affordable Energy Solutions in Zambia
MPower Zambia plans to expand its range of plug-and-play household solar devices and market-driven productive assets.
- Region
- Sub-Saharan Africa
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African Development Bank Group in Fresh $16 Million Funding for Youth, Women in the Gambia’s Agriculture
AfDB has okayed $16 million to power The Gambia’s Agriculture and Food Security Project, aimed at enhancing food security and the incomes of vulnerable populations.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
- Tags
- food security, supply chains, youth
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US Court Sides with Apple, Tesla, Other Tech Companies over Child Labor in Africa
According to the complaint, the companies "deliberately obscured" their dependence on child labor, including many children pressured into work by hunger and extreme poverty, to ensure their growing need for the metal would be met.
- Region
- Sub-Saharan Africa
- Tags
- human rights, mining, youth
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MDaaS Raises $3 Million to Improve Healthcare Access and Expand Network Across Nigeria
MDaaS Global is a Nigerian health tech company that operates a network of tech-enabled diagnostic centers across the country.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa