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    EASTERN AFRICA

    EASTERN AFRICA

    Kenya’s Bio-Logical Secures $1.3M to Expand Biochar Carbon Removal

    The funding round was led by a consortium of high-net-worth individuals and investors, including CrossBoundary, Redshaw Advisors, and existing investor, the Steyn Group.
    Read more
    Latest Funding

    Kenyan Beauty Startup Uncover Skincare Raises $1.4M in Seed Funding Round

    The company employs an omnichannel approach, combining a robust online platform with partnerships with leading retailers to ensure visibility, trust, and product availability. This hybrid strategy is crucial for success in the African beauty market.
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    Venture Capital & Funding Sources

    Antler Nairobi Opens Applications for $2M Startup Accelerator

    Each selected company will receive a $200,000 investment.
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    EASTERN AFRICA

    Rwanda Green Fund Invests $2M in Green Startups via Ireme Invest

    BasiGo Rwanda was awarded a RWF 300 million (USD 225,000) recoverable grant from Ireme Invest, the Rwanda Green Fund 's green investment facility.
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    Morocco’s Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation

    The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days.
    Partner Content

    AI-First Telcos Will Lead the Race in Africa

    Author: Kitso Lemo, Associate Director, TMT Practice at Boston Consulting Group (BCG)

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    Hard Talks

    ‘Timing Is Critical’: How a Pandemic Almost Killed Weego and Accidentally Built Its B2B Engine

    "We learned from the experience of players like Swvl."
    Policy & Regulations Forum

    Ghana Bans Local Financial Institutions From Backing Crypto-Linked Dollar Accounts

    For IMTOs, the July 31 deadline is final.
    Updates

    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access
    Partner Content

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

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