BURN
Funding Investment Venture Capital

BURN Secures Over USD 12 Million Investment to Expand Clean Cooking Across Africa

BURN Manufacturing, the clean cookstove manufacturer, distributor, and carbon project developer, has announced completion of a follow-on-carbon project investment from

Mavin Global
Acquisition

UMG Acquires Majority Stake in Mavin Global to Accelerate Expansion of Africa’s Creative Platform

Universal Music Group (UMG), the global music-based entertainment firm, has announced a majority investment in the independent record label, Mavin

Ilara Health
Funding Health Investment Venture Capital

Ilara Health Secures $4.2M Pre-Series A to Digitise Fragmented Primary Healthcare in Africa

Ilara Health, the healthtech company digitising and consolidating  highly fragmented primary care in Kenya, has announced the close of a

Wasoko 
Merger

Wasoko, MaxAB Announces Merger to Drive Transformation of Africa’s Informal Retail Sector

Wasoko and MaxAB, have signed preliminary merger terms to join together as a combined entity to drive the transformation of Africa’s informal

Techstars
Funding Investment Startup

Techstars Announces 12 New Investments Via its Africa-focused Program

Techstars, an investor platform in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator

Husk Power
Clean Energy

Husk Power Secures $100m in Equity and Debt Power Growth of Community Solar Minigrids in Africa

Husk Power Systems, the solar electric power generation company, has announced that it has closed $43 million in Series D

COVA AFRICA
Fintech

COVA AFRICA Named Winner of Sixth Edition of CATAPULT: Inclusion Africa – Togo Edition!

From 16 to 20 October 2023, representatives of ten African fintechs traveled to Togo, in Lomé, to take part in the

Amazon
Ecommerce Product Launch

Amazon to Launch Amazon.co.za in South Africa in 2024

Amazon, the global ecommerce platform, has announced that it will launch Amazon.co.za in 2024, providing South African-based sellers the ability

Emata
AgricTech Funding Investment Venture Capital

Emata, a Ugandan Startup Offering Loans to Farmers in East Africa, Raises $2.4m

Emata, the agricultural finance solution for East African farmers, has announced the completion of a $2.4 million seed fundraise, comprising

d.light
Clean Energy Funding Investment Venture Capital

d.light Closes $125m Funding to Meet Increased Demand For Off-grid Solar Products in Africa

d.light, the global provider of transformational household products and affordable finance for low-income households, today announced a $30 million securitization facility has