Startups
Ghana’s Kofa Secures $8.1M Pre-Series A Funding to Drive Clean Energy Access Across Urban Africa
Ghanaian energy tech startup Kofa has successfully raised $8.1 million in a pre-Series A funding round to scale its AI-powered...
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South Africa’s CureRoot Leverages AI to Unlock New Medicines from African Medicinal Plants
South African startup CureRoot is pioneering a new frontier in pharmaceutical innovation by harnessing artificial intelligence (AI) to discover novel...
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Kenyan Tourism Venture Studio Purple Elephant Ventures Increases Seed Round to $5 Million
Nairobi-based Purple Elephant Ventures (PEV), a venture studio dedicated to advancing the tourism sector, has successfully topped up its seed...
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SA’s Peach Payments Expands into Francophone Africa with PayDunya Acquisition
South African fintech company Peach Payments has announced the acquisition of Senegal-based payment platform PayDunya, marking a strategic expansion into...
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Egypt’s Enza Secures $6.75M to Drive Financial Inclusion in Africa
Egyptian payment solutions startup, Enza, has raised $6.75 million in seed funding to expand its presence across Africa and enhance...
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GIIG Partners with SparkRockets to Launch AI-Powered Startup Validation Tool
The Global Innovation Initiative Group (GIIG) has joined forces with SparkRockets to introduce an artificial intelligence-driven platform designed to help...
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Tanzania’s Kilimo BaNDO Revolutionizes Agriculture for Smallholder Farmers
Tanzanian agritech startup Kilimo BaNDO is transforming the agricultural sector by providing smallholder farmers with seamless access to essential services....
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South African Prop-Tech Startup Preferental Unveils Innovative Tenant-Screening App
South African prop-tech company Preferental has launched an advanced app designed to transform the tenant-screening process, offering landlords a quicker,...
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LoftyInc Capital Secures $43 Million for First Close of New Pan-African Seed Fund
LoftyInc Capital Management, a prominent early-stage venture capital firm focused on Africa, has announced the successful first close of its...
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Chowdeck’s Operational Overhaul Cuts 68% of Contract Staff, Paving the Way for Ghana Expansion
Chowdeck trims its contract workforce by 68% following a series of operational enhancements, while preparing to launch in Ghana. The...
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