Their investments demonstrate that established African tech firms can drive meaningful impact, not only by providing financial support but also by offering mentorship, market access, and strategic partnerships to startups.
Redbird raised over $2 million in funding, with notable backing from South Africa’s Newtown Partners. However, despite its potential to improve healthcare delivery, the startup closed its doors,
Remittances from the Zimbabwean diaspora reached $1.9 billion between January and September 2024, a 16.5% increase compared to the same period in 2023.
“The AAA rating allows us to forge stronger ties with Asian markets, enabling investments that drive economic development, job creation, and prosperity in Africa.”
Alya’s platform allows consumers to split purchases into two, three, or four interest-free instalments, providing an alternative to traditional credit.
