MYDAWA Secures $9.6M to Expand Across East Africa, Eyes 8M Patients by 2032
May 1, 2025
MYDAWA has secured $9.6 million ((~KES 1.3 billion)) from Denmark’s Investment Fund for Developing Countries (IFU) to help expand its footprint across Kenya and Uganda. With this funding, MYDAWA plans to open 30 new pharmacies…
i3 Unveils Third Cohort of 7 African Startups Revolutionizing Pharmacy Services
April 30, 2025
Investing in Innovation Africa (i3) has announced its 3rd cohort of 7 growth-stage companies working to transform pharmacy services on the continent. Sponsored by the Gates Foundation, MSD, Cencora (formerly AmerisourceBergen), Endless Foundation, HELP Logistics (a…
Kofa Raises $8.1 Million in Pre-Series A Funding
April 30, 2025
Kofa, the tech energy company and end-to-end ecosystem enabler, has announced the close of an $8.1 million pre-Series A funding round. The investment, comprising $3.25 million in equity, $4.315 million in debt, and $590,000 in…
Standard Chartered Launches Cohort 8 of Women in Tech Programme
April 29, 2025
At the launch event for Cohort 8 of the Women in Tech programmme, a collaboration between Standard Chartered Bank and iBizAfrica at Strathmore University, there was no shortage of inspiration. Held earlier today at Standard…
Kijani’s Green Procurement Model Earns Silver Recognition in Cape Town
April 29, 2025
Kijani Supplies, a sustainable logistics and supply chain tech company, has been awarded a Silver Badge in the “Local Sourcing” category at the WTM Africa Responsible Tourism Awards 2025, held in Cape Town. This award…
Nigeria’s OmniRetail Raises $20 Million Series A to Scale B2B Operations
April 28, 2025
OmniRetail, the Nigerian B2B commerce platform, has raised $20 million in a Series A equity round. This round was led by Norwegian development finance institution Norfund and Timon Capital with the participation of Ventures Platform,…
MojaEV Kenya Plans Factory to Assemble EVs in Kenya
April 28, 2025
Nairobi-based EV distributor, MojaEV Kenya, has announced plans to start assembling its electric vehicles locally from August according to Bloomberg. At the moment, MojaEV imports fully built units from China. Initially, the company plans to…
How Kenya’s Nobuk Is Bringing Order to Africa’s Community Finances
April 28, 2025
At the recent Safaricom Spark Accelerator Demo Day, Kenyan startup Nobuk took the stage sharing their mission to bring order to the chaos of community finances across Africa. Co-founded by Elvis Bando, Nobuk is a…
AWS Launches First Wavelength Zone in Sub-Saharan Africa
April 25, 2025
Amazon Web Services (AWS) has announced the availability of AWS Wavelength in Senegal in partnership with Sonatel, an affiliate of Orange. This is the first Wavelength Zone in Sub-Saharan Africa and the second Wavelength Zone…