To position itself as a hub for digital innovation in North Africa, the Moroccan government has launched MoroccoTech, a digital hub for techies in Morocco.
The hub was launched by
Energise Africa and Solarise Africa, in partnership with crowdfunding companies in the UK, raised over $1.13M million in the space of eight days to fund large-scale energy projects in
A Kenya-based technology firm that helps small-scale farmers increase their profitability, Apollo Agriculture, has agreed to take up a US$9.5 million loan from the US government-backed International Development
Koniku Inc., a Nigerian-founded, California-based biotech company, has announced the close of its Series A financing round led by Platform Capital Investment Partners, a Nigeria-based private equity firm.
Founded in
Nigerian solar mini-grid provider, NXT Grid, has announced it has secured $1.4m from investors All On and Katapult Climate to expand its operations.
This latest investment follows All On’
Egypt-based cleantech startup Plstka has announced it raised an undisclosed Seed funding round from Alexandria Angels Network, in addition to a matching fund from Hivos to help it scale.
Plstka
Kenya-based Agritech startup Shamba Pride has secured $1.1m to support its expansion in Kenya and roll-out of its digital solution to over 1,000 digitalised shops.
The funding was
Twiga, a Kenyan B2B agritech startup has announced the close of a $50 million Series C round, to drive its expansion in East Africa and other neighboring countries.
The startup
Kenya-based waste management company Sanergy has announced it secured a $2.5m investment from Japan International Cooperation Agency.
Founded in 2010, Sanergy generates fertilizer and other by-products by providing safe,
Bopinc and Village Capital have announced that Kenyan Agritech startups can apply for the O-Farms accelerator program which will see 2 selected startup startups receive $58k in grant funding.
The
South African P2P solar leasing startup Sun Exchange, has raised a further $2.5 million in funding in form of a convertible note to help it scale more quickly.
The
The financial institution and agency of the United States federal government The Development Finance Corporation (DFC), has invested $10m in Nithio FI, to scale clean energy financing in Africa’s