Solar energy company SolarNow has raised $9M to scale its services across Uganda

Uganda-based solar energy company SolarNow has raised $9 million in debt arranged by SunFunder, a longtime debt financier for the company alongside co-lenders responsAbility and Oikocredit. The funding comes 3 months after the startup raised a $740,000 grant from the Mastercard Foundation Fund for Rural Prosperity. According to Digest Africa Deals Data, the amount puts […]

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What To Consider In Finding A Property For Business Start-Up

By Helen Newman, If you’re planning for a business start-up, you must be excited for a lot of reasons. After all, you’re going to try to execute an idea you’ve had for a long time. You, your friends, and a couple of investors may already have big plans set for your intellectual property, and you […]

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Airtime transfer Startup Senditoo eyes phenomenal growth in 2017

New mobile airtime transfer startup Senditoo has kicked off 2017 with bullish plans to become one of Africa’s fastest growing airtime transfer services.  The company has embarked on an aggressive marketing campaign to expand its share of the $3 billion global airtime market, buoyed by new funding secured in December last year. Founded by Guinean […]

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Safaricom announces investment in Eneza Education through its $1 million Safaricom Spark Venture Fund.

Safaricom  has  announced an investment in Eneza Education through its $1 million Safaricom Spark Venture Fund. The Safaricom Spark Venture Fund invests in startups by purchasing minority equity stake or providing convertible debt, allowing young businesses to access the finances coupled with the technical advisory and business development services needed to grow their businesses. Founded […]

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Group of Andela Developers Left to Right: Chris Ganga, John Kariuki, Penina Wanjiru and Suada Haji Nairobi, Kenya Photo Credit: Robert Opiyo

Andela just received a huge banking from Mark Zuckerberg

Andela, a startup that trains software developers in Africa and gives them full-time opportunities at international companies has received a $24 Million in a round led by Facebook CEO Mark Zuckerberg and Priscilla Chan’s Chan Zuckerberg Initiative. The money according to Andela will help catalyze its growth across the African continent. The round also saw […]

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