Startups
SA Agri-Tech Innovator Khula Secures $6.8M Series A to Drive Digital Transformation in Agriculture
South African agri-tech startup Khula has secured ZAR126 million (US$6.8 million) in Series A funding as part of its ongoing...
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Egyptian AI Startup Widebot Secures $3M Pre-Series A Funding to Develop Arabic Large Language Model
Egyptian AI startup Widebot has raised $3 million in a pre-Series A funding round to accelerate the development of AQL...
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Two South African Startups Secure Vendor Status with NEC XON Through JICA NINJA Accelerator
South African startups Agrilogiq and Locstat have been officially onboarded as vendors for NEC XON, marking a major milestone from...
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Fawry Invests $1.6M in Three Egyptian Startups to Strengthen Digital Business Solutions
Egypt’s leading fintech company, Fawry, has announced strategic investments worth EGP 80 million ($1.6 million) in three local tech startups,...
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Kenyan Startup Badili Secures $400,000 to Expand Refurbished Electronics Market
Kenyan re-commerce startup Badili has raised $400,000 in debt funding from French development finance institution Proparco, strengthening its mission to...
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Okra Enters the Cloud Market, Taking on Global Giants
Nigerian open banking startup Okra has made a bold move into the cloud computing space with the launch of Nebula,...
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LoftyInc Capital Secures $43M to Back Seed and Series A Startups in Africa
LoftyInc Capital has successfully closed the first round of its third fund, securing $43 million to invest in late-seed and...
Read moreAfrican Tech Startup Funding Plunges 50% in 2024 Amid Global “Funding Winter”
The African tech startup ecosystem faced a sharp decline in funding in 2024, with total investments dropping by more than...
Read moreABAN Unveils Africa’s First Sports and Creative Investor Network
The African Business Angel Network (ABAN), in collaboration with key industry players, has launched Africa’s Sports & Creative Early-Stage Investor...
Read moreStarSat Shuts Down in South Africa, Leaving Customers Stranded for Months
StarSat, the South African satellite television provider, has officially ceased operations following the liquidation of its parent company, OnDigital Media....
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