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    Kenya’s Hydrobox Secures $9.5M to Expand Clean Energy Access in Rural Communities

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

    Senegal’s Socium Raises $5M to Fuel HR Automation in 21 Francophone Countries

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

    Lingawa Targets the African Diaspora Market with $1.1M Pre-seed Funding for Native Language Learning

    Lingawa, an edtech startup that recently rebranded from TopSet, has raised $1.1 million in...
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    Egypt’s Ariika Secures $3M in Series A Extension as Beltone’s $30M Fund Backs Regional Expansion

    Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.

    South African Fintech Mama Money Rolls out New WhatsApp-based Bank Cards

    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.

    Open Source Leader CNCF Partners with Andela to Train 30,000 Africans in Cloud Technology, Free of Charge

    The program, scheduled to launch next year, will span two to three years.

    Latest articles

    Egypt’s Ariika Secures $3M in Series A Extension as Beltone’s $30M Fund Backs Regional Expansion

    Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.

    Ghana’s State-Backed Planned $120M Venture Capital Fund Wrestles with Foreign Interests

    Currently, over 90% of VCTF funding originates from foreign sources.

    Egyptian Fintechs, Chasing Licenses, Get Lifeline with Regulatory Sandbox Launch

    The sandbox offers a unique solution, allowing businesses to trial their solutions with the support of regulatory oversight

    “Venture Capital Designed to De-Risk Africa” — Global Investors Want End to Africa’s Non-Consumption Challenges

    “Africa is experiencing a population boom while venture capital inflows have declined sharply.”