Her Startup, an accelerator for women-led technology businesses in Africa, has opened applications for its second cohort, targeting 10 early-stage founders seeking to scale their businesses and become investment-ready.
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Egyptian healthcare startup Anees Health has raised an undisclosed seed round to expand its integrated care model across Greater Cairo.
Morocco has introduced a new government-backed financing mechanism aimed at strengthening investment in the country’s digital startup ecosystem by directing more capital toward venture capital funds that support technology companies. The Startup Catalytic Fund is designed to attract additional private investment and expand access to financing for Moroccan startups operating in the digital sector.
Kenyan electric mobility startup ARC Ride has raised $33.3 million in a mix of equity and asset-backed debt financing to expand its battery-swapping network and accelerate the adoption of electric motorcycles across Africa.
