Hybrid Solar Power Company - Daystar Power - Secures US$20m to Expand its Power Capacity
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Daystar Power, a Nigerian-based hybrid solar power solutions provider, has secured $20m funding from the International Finance Corporation (IFC). The funding, according…
Africa-focused ID Verification Company, Smile Identity, Raises US$7m in Series A Funding
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Smile Identity, a company that provides ID verification and KYC compliance for African faces and identities through artificial intelligence (AI), has secured…
Kenyan AgriTech Startup - Apollo - Secures US$1m Debt Funding from ABC Funds
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Apollo Agriculture, a Kenyan-based AgriTech startup, has secured US$1m in debt funding. The funding was backed by Agri-Business Capital Fund (ABC Fund)….
Call for Application: MEST Express Accelerator Program for Early-Stage Ghanaian Startups
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MEST Express has opened application for early-stage Ghanaian startups to upscale their operations through the MEST Express accelerator program. MEST Express accelerator…
Nigerian-based Fintech Company - Courywise - Gets SEC Licence to Operate as Find Manager
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Nigerian-based Fintech start-up, Cowrywise, has acquired the licence to operate as a fund/portfolio manager from Nigeria’s Securities and Exchange Commission (SEC). With…
Villgro Africa Disburses US$170K to Support African Startups
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Indian-based investment firm, Villgro Africa, has disbursed US$170,000 funding to five different start-ups, in its bid to support early-stage social entrepreneurs in…
Jiji Acquires Cars45 for an Undisclosed Amount
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Africa’s classified marketplace, Jiji, has announced its acquisition of automotive vehicle trading platform, Cars45. The acquisition was made for an undisclosed amount,…
Cairo-based Trucking Start-up - Trella - Raises US$42m in Series A Round
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Trella, an Egyptian trucking startup, has raised $42 million in equity and debt in a Series A round. The total figure raised…