Husk Power Systems, a cleantech startup operating in Africa and Asia has successfully raised $103 million in its Series D funding round, comprising $43 million in equity and $60 million in d… Read More
The pharmaceutical industry is currently at its peak, and as the number of health conditions doubles every four years, demand will only increase in the future. With the production and distri… Read More
Africa’s agricultural sector has a significant social and economic impact, per McKinsey. The percentage of smallholder farmers in sub-Saharan Africa exceeds 60%, while agriculture acco… Read More
Over a year after Ivorian e-commerce startup, ANKA raised $6.2 million in a pre-Series A round, the startup has raised $5 million in an extension round, bringing the funding to $13.5 million… Read More
In a dynamic era of technological transformation and economic resilience across the African continent, a remarkable shift in the investment landscape is taking center stage, and it's the wom… Read More
Financing arrangements completed for a concession covering seven airports in the archipelago40 years concession in a country with a growing tourism sectorVINCI Airports solidifies its intern… Read More
In 2015, Jonathan Shaw, a Kenya-born American tech entrepreneur founded Kivu Green Energy in the Democratic Republic of Congo (DRC), the company built Congo's first mini-grid in 2017. Three… Read More
PROPARCO and the IFC, are scaling up of renewable energy production in both Kenya and DRC.
The two organisations will support Nuru, an early-stage company that provides decentralized a… Read More
Egypt-based VC fund DisrupTech Ventures has received a $5 million investment from Proparco to support development in Egypt’s fintech sector and help expand access to financial services… Read More
The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund by early-stage VC E3 Capital (formerly Energy Access Ventures), and emerging markets-focused investment bank Lion&rs… Read More
Proparco announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and help expand access to finan… Read More
The media and entertainment sector in Africa appears to be at crossroads..........Against the backdrop of rising digital acceptance, behavioral alterations caused by the Covid-19 pande… Read More
Miishe Addy, the co-founder and CEO of shipping logistics firm Jetstream Africa, has made waves in the global business world after securing $13 million in pre-Series-A equity and debt fundi… Read More
Partech, the global technology investment firm, announces the first closing of Partech Africa II at EUR 245 million (USD 262 M), already above the target fund size. This secon… Read More
Ghana-based Jetstream Africa, an e-logistics platform for Africa’s exporters and importers, has raised USD 13 Mn in a combination of debt and equity financing to help it expand. New in… Read More
The post Pan-African VC firm Ventures Platform closes fund at oversubscribed $46M appeared first on Techish Kenya.
Ventures Platform, the pan-African VC firm championing the next generation… Read More
The Indo-French Healthcare Symposium 2022: together for tomorrow’s health is taking place on 28th November 2022, in New Delhi at the Leela Palace. This healthcare event… Read More
Bhubaneshwar-based micro finance lender Annapurna Finance has raised $15 million from Proparco, private-sector financing arm of French Development Agency (AFD), in a Series A2 funding r… Read More
CB Insights, a market intelligence platform that analyses data points on venture capital, startups, patents, partnerships and tech news, has released its annual list of 250 most promising pr… Read More
Maris, an investment holding company with more than USD 100 Mn under management across nine sub-Saharan African countries, has received USD 12 Mn financing from France’s… Read More
Fabrication Bazar raises over Rs 7 Cr in a seed round led by Inflection Point Ventures Manufacturing and engineering startup Fabrication Bazar has raised over Rs 7 crore in a seed… Read More
The Fund invests in startups across various industries, including Mobility, Fintech, HealthTech, EdTech, Digital Content, AI, and AgTech, with initial check sizes ranging from one million eu… Read More
Tunisian edtech startup GOMYCODE has secured $8 million in a Series A round led by AfricInvest, through the Cathay AfricInvest Innovation Fund (CAIF), and Proparco; Wamda Capital also contin… Read More
The African Development Bank (AfDB) has approved an equity investment of €9.8 million to support venture capital investments in African start-ups, from seed to growth stages.
Of the… Read More
The solar home systems supplier d.light has just raised $10 million from Proparco, the subsidiary of the French Development Agency (AFD) group responsible for private sector financing. d.lig… Read More