Author: Staff Writer

I am a staff at Innovation Village.

Ctrack has attracted fresh growth capital to accelerate its expansion in global telematics and fleet asset management. The company confirmed that South African private-equity firm Sanari Capital has invested approximately $14.4 million, alongside a further $9 million from long-time partner 27four Investment Managers. The funding strengthens Ctrack’s shareholder base and…

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Kenyan agritech venture studio Pyramidia Ventures has raised $1.5 million from Dutch impact investor Triple Jump to expand its model of building and scaling climate-focused startups. The package comprises $1.3 million in funding plus $200,000 for technical assistance and business development provided through the Dutch Good Growth Fund (DGGF), which…

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Tanzanian agritech startup MazaoHub has closed an oversubscribed $2 million round combining $1.5 million in equity and $500,000 in non-dilutive capital, financing a push to take its climate-smart, data-driven agronomy model nationwide. The raise—led on the equity side by Catalyst Fund with participation from Nordic Impact Fund, Mercy Corps Ventures,…

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Nigeria’s Minister of Communications, Innovation & Digital Economy, Bosun Tijani, announced N-ATLAS v1—an open-source, multilingual and multimodal large language model—unveiled on the sidelines of #UNGA80 in New York. The initial release focuses on Yoruba, Hausa, Igbo, and Nigerian-accented English, a deliberate push to anchor African languages and speech patterns at…

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Moroccan startup DONE.ma has closed a $2.1 million seed round, fully backed by local investors and business angels. The deal marks one of the largest early-stage rounds led exclusively by Moroccan capital and highlights rising confidence in the country’s ability to produce globally competitive technology. Founded in 2024 by Mohamed…

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By linking low-cost remittances with credit-building tools, Kredete is scaling across 40+ African markets while expanding to Europe and North America. Kredete, a fast-growing fintech platform dedicated to empowering African immigrants, has raised $22 million in Series A funding to accelerate its global expansion and broaden its suite of financial…

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