Sun King Closes KES 20.1 Billion Securitisation to Expand Off-Grid Solar Access Across Kenya
July 31, 2025
Sun King, the world’s largest off-grid solar energy company, has secured a KES 20.1 billion (USD 156 million) securitisation deal. This is the largest ever in Sub-Saharan Africa outside South Africa. This local currency financing…
HAVAÍC Secures $25M in Second Close of $50M African Innovation Fund
July 31, 2025
South African venture capital firm HAVAÍC has announced the second close of its $50 million African Innovation Fund 3, securing $25 million in fresh commitments. This raise was led by a landmark investment from Sanlam…
BII Commits £1.09 Billion to African Companies in 2024 to Drive Jobs, Climate Action, and Growth
July 9, 2025
British International Investment has announced that it has committed £1.09 billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency. The sum was nearly 40 per cent more…
MEST Africa Launches AI-Focused Startup Program
July 3, 2025
The Meltwater Entrepreneurial School of Technology (MEST Africa) has officially opened applications for its newly evolved Training Program; the MEST AI Startup Program. This Program is built to prepare Africa’s most promising tech talents to…
Kenya and Egypt Discuss Cross-border Partnerships at Regional Startup Roundtable
July 1, 2025
Kenya recently hosted a high-level roundtable themed “Unlocking Kenya’s Startup Potential: Opportunities & Challenges.” The event was organized by UNDP Kenya in partnership with 500 Global, brought together key players from Kenya’s and Egypt’s innovation…
Wave Secures $137M in Debt Financing
July 1, 2025
Wave Mobile Money has announced it has secured $137 million in debt financing. This will help the startup scale its affordable mobile-first financial services across Africa. The latest financing round was led by Rand Merchant…
Algerian HRTech Startup Talenteo Secures Strategic Investment from 216 Capital
July 1, 2025
216 Capital has announced a new strategic investment in Talenteo, an HRTech startup founded in Algeria. Talenteo offers a complete SaaS platform for human resources and payroll management, specifically designed to meet the needs of African…
Egypt’s AgriCash Raises Seed Round to Scale AI-Powered Agri-Fintech Platform
July 1, 2025
Egyptian agri-fintech startup AgriCash has announced the close of a seed funding round led by Alex Angels. The startup has not disclosed the amount raised but said it will be used to scale operations across…
How Intron’s African Voice AI Is Transforming Courts, Clinics, and Call Centres
June 30, 2025
Intron’s Sahara suite is setting a new global standard in voice AI technology. This voice platform is reshaping how African institutions capture, process, and respond to voice data. Unlike global tools that stumble over local…