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Month: July 2020

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  • JICA to provide grants for African Startups of up to $30,000 to drive success.

JICA to provide grants for African Startups of up to $30,000 to drive success.

(JICA), is providing grants for African Startups in the NINJA Business Plan Competition. NINJA is short for Next Innovation with Japan. The application is open for startups/organizations in all sectors…

Kenyan taxi-hailing Little to launch in Ghana with $3mil injection

Kenyan taxi-hailing firm Little will launch in Ghana with $3mil (Sh323.85) from its mother company Craft Silicon as it begins to execute its West Africa expansion. This expansion has been…

Mr Eazi creates $20m Africa Music Fund to invest in music talent

Musician and entrepreneur Mr Easi creates $20m Africa Music Fund to invest in the best African music talent. The Africa Music Fund will provide new funding model for music industry as…

E-commerce start-up Tradedepot raises $10mil to boost its growth

B2B eCommerce startup Tradedepot has raised $10 million from International Finance Corporation, Women Entrepreneurs Finance Initiative (We-Fi) and MSA Capital and Partech. With this new investment the company plans to…

LEAP Africa Social Innovators Program 2020

Deadline: 22nd August 2020, Time 12pm Countries: Nigeria, Ghana, Sierra Leone, Gambia Award Type: Training, mentoring, exposure and seed funding Award Summary: Fellows are empowered through a series of training…

Chadian ZIZ Energy poised to expand Metro Grid Solar Service.

Chadian solar company ZiZ Energie has raised an undisclosed amount in funding from Energy Access Ventures to expand its metro grid solar services across Chad, Cameroon and Central Africa.

Malian SolarX raises undisclosed Series A for regional growth

Mali based SolarX raises undisclosed series A fund from Energy Access Ventures (EAV), a renewable energy seed investment fund. The company supplies solar energy systems for electricity and solar pumping…

Only 1-2% of finance for energy is going into distributed renewable energy but not to local actors in Africa.

The vast majority of finance for energy is not reaching local actors but is going to multinational companies that are based in Europe or North America or led by entrepreneurs…

Egyptian bus-hailing service Swvl hit with security breach

Egyptian startup Swvl announced a security breach affecting user data including names, email addresses and phone numbers of its customers. The company took action to log out all its users…