Madica Invests in Three Start-ups in Africa
Exciting news in the African startup ecosystem! Madica, a structured investment programme, has announced its first round of investments in three promising startups.
Category: Investment
Read More
Kenya Power to Invest Sh258M in Electric Vehicles and Charging Stations
Kenya Power announces plans to invest Sh258 million in electric vehicles and charging infrastructure, aiming to bolster the country’s e-mobility sector.
Kenya Heads Taskforce to Raise $2.4T Climate Fund
Kenya, alongside France and Barbados, takes the lead in mobilizing global efforts to raise $2.4 trillion annually for climate initiatives.
Goodwell Invests in OmniRetail to Enhance Informal Retail
Goodwell Investments, in collaboration with Alitheia Capital, has initiated an impactful investment in OmniRetail, a Nigerian B2B e-commerce platform revolutionizing Sub-Saharan Africa’s informal supply chains.
CMA Spearheads Plans for Market Growth and Economic Stability
Capital Markets Authority (CMA) launched their 2023-2028 strategic plan marking a pivotal moment in prioritizing local investors as key drivers of sustainable market growth.
Uganda to Launch First Tin Processing Plant in May
The country is set to inaugurate its very first tin refining plant in the southwestern region next month, marking a significant milestone in its efforts to enhance capacity and add value to its mineral resources domestically.
Kenya’s Triply.co Secures $500K Investment From Y Combinator
Y Combinator, the renowned accelerator behind Airbnb and Dropbox, has invested $500,000 in Triply.co, a leading Kenyan travel tech startup.
Kenya’s Buupas Secures Investment from Tim Draper
Tim Draper, renowned venture capitalist, has invested in the digital bus ticketing platform, marking his third venture in Africa.