Global Beehive
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Program for Pre-seed investments Madica invests $600k in three new startups
Three tech-enabled startups—Kilimo Fresh, Hakimu, and Biovana—have been added to the portfolio of Madica, a structured investment program for pre-seed…
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AfDB Group supports African startups by investing over $8.6 M in Breega fund
In order to support African innovative startups, the African Development Bank (AfDB) Group invests more than EUR7.5 million (US$8.6 million)…
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$100K FINCA Ventures Prize competition open for applications
This year’s FINCA Ventures Prize competition, which will give grants of up to US $100,000 to solutions addressing global poverty,…
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Program for Pre-seed investments Madica publishes fundraising manual for early-stage entrepreneurs
An insight-led guidebook series for early-stage founders seeking funding has been released by Madica, a structured investment program for pre-seed…
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Innovate for Impact Challenge invites applications from African agri-tech startups
The Innovate for Impact Challenge, which invites innovative businesspeople from all over the world to present ground-breaking technologies targeted at…
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$147 M Africa People and Planet Fund III finally closed by venture capital firm Novastar
One of the first and biggest venture capital firms to invest in Africa, Novastar Ventures, has announced the final close…
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Angolan transport startup ANDA raises $1.2 M funding to expand its “drive-to-own” model
The private credit impact fund BFA Asset Management (BFAAM) has invested US $1.2 million in ANDA, an Angolan startup that…
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Morocco’s GoSwap receives funding to hasten the rollout of electric vehicles
GoSwap, a Moroccan startup that specializes in automated battery swapping solutions for electric scooters, has announced that it has received…
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To increase financial inclusion throughout East Africa, Kenya’s 4G Capital raised $2 M
A strategic investment of US$2 million has been obtained by Kenyan fintech company 4G Capital to expand its innovative lending…
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Kenyan social commerce startup Twiva raises funding led by Jobtech Alliance
Twiva, a Kenyan startup, is changing the landscape of opportunities for African creators by substituting structured demand, performance-based earnings, and…
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