CDG Invest’s involvement in Upfund follows its recent participation in a $2.4 million seed round for Amsterdam-based hospitality tech startup Userguest.

Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.

Fako Capital joins a growing network of African impact funds nurtured by I&P

Recharger operates a base of over 460,000 registered prepaid electricity meters, catering to landlords and tenants.

The Mama Money Card is making it much easier for under-served communities to get their own bank service where all they need is proof of identity such as a passport, asylum document or South African ID to register for Mama Money on their phone.

The COVID-19 pandemic played a catalytic role in accelerating digital payments. In 2023, digital payment transaction volumes surged by 33.78%

These appointments signify how the startup ministry, established recently in 2020 to nurture the country’s entrepreneurial ecosystem, has become a critical talent pipeline for Algeria’s government.

Hydrobox collaborates with local stakeholders and regulatory bodies to ensure responsible implementation and long-term benefits for communities.

Oualid, who assumed office in 2020 at just 26 years old, made headlines as Africa’s youngest minister at the time.

The startup’s primary markets include countries such as Morocco, Cameroon, and Congo, among others.

To date, Qara has authenticated over 28 million product units and connected more than 50,000 business users across its primary markets of Egypt, KSA, and Kenya.

Lingawa, an edtech startup that recently rebranded from TopSet, has raised $1.1 million in...