Africa predicted to experience sustained funding slowdown in 2023
The operating environment for startups in Africa is expected to worsen this year, continuing the trend that picked up in the last half of 2022.
Source: techcrunch.com
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KenSAP secures over Ksh. 8 billion from American universities for bright Kenyan students
The Kenya Scholar Access Program (KenSAP) has this year reached a milestone after generating a total value of more than Ksh. 8.5 billion in financial aid since its inception in 2004.
Source: kbc.co.ke
iProcure
IProcure, Africa’s leading tech and data-driven agricultural inputs supply company, today announced the close of a $10.2 million Series B funding
Source: africa.com
iProcure raises $10.2 million Series B to drive East African expansion
Kenyan agritech startup, iProcure, has recently raised a $10.2 million Series B to drive it's expansion into Uganda and Tanzania.
Source: techcabal.com
VCs set sights on African countries beyond the 'Big Four' – TechCrunch
Outside the Big Four, investments ballooned to $1.4 billion, up 382% year on year, according to Partech's 2021 report.
Source: techcrunch.com