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Kenyan Insurtech Firm Turaco Secures $10 Million Series A Round Fundraise
Turaco, the leading insurtech driving mass market insurance adoption, has announced the close of a $10 million Series A equity round led by AfricInvest.
- Categories
- Finance, Health Care, Technology
- Region
- Sub-Saharan Africa
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Press Release: African Women Impact Fund Launches With USD$60 Million Commitment to Drive an Inclusive Investment Environment
Announcing the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- SDGs, women entrepreneurs
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World Bank’s IFC to Invest $160 Million in Safaricom Ethiopia
The World Bank is investing US$160 million into the Safaricom project to build a new network in Ethiopia.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: Empower New Energy and Multiconsult Partner to Scale Up Distributed Solar in Africa
Empower New Energy and Multiconsult have entered a partnership aiming to accelerate renewable energy projects through a multitude of actions.
- Region
- Sub-Saharan Africa
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Bboxx and Unilever Partner to Connect Over 1 Million People to Clean Energy Products in Kenya
This partnership complements Bboxx’s existing services and footprint in Kenya, with Sunlight’s heritage and distribution capacity set to create new channels to reach consumers in Kenya.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Pan-African ‘Gender Equal Investor’ Janngo Capital Hits First Close of €60 Million Fund
Janngo Capital is looking to “invest 50% of its proceeds in companies founded, co-founded, or benefiting women.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kippa Reveals $8.4 Million in Funding for Merchants’ Financial Management Platform
Kippa, the financial management and payments platform for Nigerian small businesses, has announced that it has raised $8.4 million in a new financing round.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Africa Must Remove Barriers to Cross-Border Trade to Target Food Insecurity, Warns IFPRI
Experts warned that pursuing continental self-sufficiency may not be an appropriate remedy for Africa's weak position in agricultural supply chains.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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