Uncap Unveils $33 Million Fund to Empower African SMEs with Innovative Financing
Launch of a $33 million fund by Uncap for SMEs in Africa. Introduction of a non-dilutive, revenue-based financing model.
Agri-Insurance Platform Pula Closes USD 20 M Series B Funding
Pula has closed a USD 20 M Series B fundraising round led by BlueOrchard. Pula provides insurance services to farmers and offers products to improve agricultural practices and endure climate risks.
Pula raises $20M Series B to provide agricultural insurance to farmers in Africa, Asia and LatAm
Pula has supported 15.4 million farmers in Africa, Asia, and Latin America to get insured. Pula embeds insurance in partners' products and offers customized products based on historical data.
Female Entrepreneurs Excel as African Healthtech Sector Thrives Amid Economic Challenges
Women-led health-tech ventures in Africa saw a monumental growth of over 2,000% in funding from 2022 to 2023. In 2023, these entities garnered USD 52 million, a stark contrast to the USD 2 million received in the previous year.
