Deep tech company Materials Nexus has raised £2 million to roll out its ground-breaking AI and quantum mechanics technology which fast-tracks the discovery and development of sustainable, cheaper, higher performing
African Rainbow Capital (ARC), a Patrice Motsepe-controlled investment holding company, has acquired a minority shareholding in GoSolr, a residential solar energy company in South Africa.
UAE-based construction startup Tenderd has received an undisclosed funding round from Aramco's Wa’ed Ventures.
The investment will help Tenderd to scale its operations and develop more sustainable
In South Africa, parking problems are widespread and affect both commercial and residential areas. The influx of residents and tourists in cities contributes to a shortage of parking spaces. Parket,
The MENA VC ecosystem witnessed a slow start in 2023, with funding declining by 13% YoY, and deals plummeting by 55%. In the first half of 2022, the highest funding deal was recorded in February with $375 million
Kyosk has acquired KwikBasket, a prominent player in the agricultural sector, to revolutionize the supply of fresh produce and expand into the African fresh produce market with the introduction of its Farm & Fresh line of business.
Nuru's ambitious goal of illuminating five million lives across the Democratic Republic of Congo by September 2024 receives a major boost as IFC, the Global Energy Alliance for People and Planet and many others invest $40M in its Series B funding round.
Kubik, an Ethiopian cleantech startup specializing in the production of affordable, low-carbon building materials from recycled plastic waste, has raised $3.34 million in an oversubscribed seed funding round to expand across the country.
CrossBoundary Energy which has already delivered a portfolio of over $285 million worth of solar and renewable energy assets for its clients, has raised $50 million to expand its portfolio across Africa.
Yellow Africa raises a $14 million Series B funding round from Convergence Partners, the Energy Entrepreneurs Growth Fund and Platform Investment Partners to expand its coverage in select Sub-Saharan African markets.
Maltento, a biotech startup in Cape Town South Africa, has successfully raised $3.3 million in seed funding from Sand River Venture Capital. The company's primary focus is
