Endeavor Kenya Selects 10 Entrepreneurs for its Inaugural ScaleUp program
February 26, 2024
Summary Endeavor Kenya has today revealed the 10 start-up entrepreneurs who will be part of its inaugural Endeavor ScaleUp Program. This program seeks to support high-growth start-up ventures with the networks and resources to gain…
12 Startups Showcase at the Techstars Demo Day in Lagos
February 23, 2024
Summary Techstars recently hosted its second pan-African Demo Day in collaboration with ARM Labs. The ARM Labs Lagos Techstars Accelerator Demo Day took place on the 20th of February in Nigeria, featuring presentations from the…
Hohm Energy Secures $8M Seed Funding to Boost Rooftop Solar Adoption in South Africa
February 22, 2024
Summary Hohm Energy has secured a $8 million in a Seed round led by E3 Capital and 4DX Ventures. This funding is set to propel Hohm Energy’s mission to scale the adoption of rooftop solar…
Catalyst Fund Invest $ 1.8 Million in 9 African Climate tech Startups
February 15, 2024
Summary The Catalyst Fund has announced an investment of $1.8 million in 9 climate tech startups in Africa. This investment not only reaffirms the fund’s commitment to climate adaptation. It also expands its portfolio to…
Roam Secures $24 Million Funding to Scale Up EV Production in Africa
February 15, 2024
Summary Kenyan-based electric mobility company, Roam, has secured a total of $24 million in funding. this consists of $14 million in a Series A funding round and $10 million in debt commitment. The Series A…
Qualcomm is Accepting Applications for the Make in Africa Startup Mentorship Program
February 6, 2024
Qualcomm is now accepting applications for the “Make in Africa Startup Mentorship Program.” This initiative aims to identify and nurture early-stage startups with a passion for integrating advanced connectivity and processing technologies into innovative end-to-end…
Visa to Host the First Africa Fintech Accelerator Program Demo Day on February 13th
February 2, 2024
Visa is set to host the first demo day of its Africa Fintech Accelerator program in Nairobi on February 13th. Launched in June 2023, the program aims to empower emerging fintech start-ups across the continent…
Sony Innovation Fund Invests Undisclosed Amount in SA's Gaming Startup, Carry1st
January 31, 2024
Carry1st has announced a strategic investment from Sony Innovation Fund, the venture capital arm of Sony Group Corporation. This significant partnership marks the inaugural investment from Sony Innovation Fund: Africa, established by Sony as a…
Apollo Agriculture Secures $10 Million Investment for Agri-Tech Expansion in Kenya
January 29, 2024
Apollo Agriculture has announced a financial partnership with Swedfund and ImpactConnect. The injection of a combined $10 million in debt investment marks a pivotal moment for the agri-tech industry in Kenya and beyond, as Apollo…