Crowdfunding, incubators and accelerator news from our community and the ecosystem

IFC Investment in MENA REGION

IFC Investments in MENA Hit New Record

IFC Investments in MENA Hit New Record IFC, a member of the World Bank Group, stepped up its investments in the Middle East and North Africa (MENA), committing a record $2 billion to support the region’s private sector, boost innovation, drive economic growth, and create jobs. According to a press statement , IFC provided over $1…

VC4A announces Series A Venture Showcase

VC4A announces Series A Venture Showcase

VC4A announces Series A Venture Showcase  VC4A  is calling for disruptive African scale-ups looking to raise between $250K and $5M. An exclusive Series A Venture Showcase will take place in Cape Town on November 12, 2018, as part of the annual Africa Early Stage Investor Summit. The 2017 event showcased 20 scale-ups as part of…

branch international

Branch International raises Sh350m plans to expand Kenyan services

Branch International raises Sh350m; plans to expand Kenyan services Branch International has announced a Sh350 million capital investment to further expand its services in Kenya. Branch International commercial paper issuance was arranged by Centum-owned capital-raising advisory firm, Barium Capital​. ​This marks the second time the San Francisco headquartered technology company has issued commercial paper in…

Twiga Foods

Twiga Foods secures $3 million from IFC

Twiga Foods secures $3 million from IFC funding The International Finance Corporation (IFC) is set to invest $3 million (Sh300 million) in Kenya’s mobile-based food delivery firm Twiga Foods as part of the company’s efforts to raise more than Sh700 million from multiple investors. This is according to Business Daily. However, Business Daily also reports…

International Development Design Summits

International Development Design Summits – Participants applications now open!

The Massachusetts Institute of Technology (MIT) D-Lab will be supporting three summits this year and applications are now open! International Development Design Summits Kenya is July 8 – 22nd and will bring together 36 participants from all over the world to co-create innovative, viable financial products and services that expand access in the low-income space. Find out how to apply.

DataHack4fi

Are you a tech Innovator? Do you Love Data? Register for Season 2 of DataHack4fi

We’re happy to announce that Season 2 of DataHack4FI is now open for registrations! DataHack4FI is Africa’s only competition that encourages finance, tech and data enthusiasts to collaborate in using data and analytics to solve business challenges and extend financial services to underserved communities. So if you’re a tech innovator or simply love data then we reccommend you keep reading.

Startups for News 2018

Startups for News 2018 – Apply today!

We’re excited to announce that Global Editors Network, in partnership with Journalism.co.uk, is launching Startups for News 2018! This amazing competition selects early-stage news startups with innovative products or services to media companies and accelerate their development through exposure, connections, and mentorship. Does this sound great to you too? It gets better…   How does it work?…

Johnson & Johnson’s GenH Challenge

Apply to the GenH Challenge with your everyday idea to change the trajectory of health. The best ideas for the future of health can come from anyone, anywhere in the world. Pioneered by Johnson & Johnson, the GenH Challenge is a social innovation prize competition uniquely incentivizing global entrepreneurs, innovators, and people on the front…