Ghana’s Chalkboard Education raises $236k to democratize access to education & training in Africa

Chalkboard Education, a Ghana-based mobile learning company, has closed $236,072  (EUR 200’000) in expansion financing from Jacobs Foundation to further expand its operations in Ghana and Cote d’Ivoire, including increasing access to... Read more »

South Africa’s fintech firm Entersekt raises a multi-million dollar funding from RMI and NPE to supercharge its global expansion

Rand Merchant Investment Holdings and Nedbank Private Equity have invested into Entersekt in a multi-million dollar transaction that will see the Stellenbosch-based innovator expand its authentication and app security technology into international markets... Read more »

Airport car rental startup Travelcar raises $15.8m to expand to the US

Founded by Ahmed Mhiri, a Tunisian based in France, TravelCar just finalized a fundraising of €15 French auto maker PSA Group and French insurance group MAIF, to launch in the US market on... Read more »

Off-Grid solar solutions firm d.light raises $10.5 million led by Norfund to expand across Africa

 d.light, an affordable off-grid solar solutions firm has raised $10.5 million in funding to expand its operations and bring clean off-grid power to low-income families in Africa and Asia, using Pay-as-you-Go (PayGo)... Read more »

Ethiopia-based GreenPath Food Raises Seed Funding From Engineers Without Borders Canada

GreenPath Food, an Ethiopian organic food company which partners with smallholder farmers to source fresh, nutritious food grown using sustainable, organic methods that benefit the environment while significantly increasing farm yields and... Read more »

Tugende raises $780,000 to finance more motorcycles for Ugandan riders

Uganda’s Tugende, a for-profit social enterprise which enables boda boda riders to own their own motorcycles has announced a $780,000 in equity and debt from the Segal Family Foundation and Echoing Green... Read more »

Nigeria’s Co-creation Hub Raises $500,000 to Support Early Stage Startups

Nigeria’s social innovation centre CcHUB has launched a $500,000 seed investment fund to support early stage start-ups over the next two years. The start-ups Vacantboards, Truppr, Traclist, 500shops and GeniiGames will receive... Read more »