Investors Are Divided On Africa’s Climate Tech Boom As Hopes & Hype Collide
Africa's climate tech startups raised USD 413.9 million as of September 2023. D.Light secured USD 176 million in funding, marking one of the top deals this year.
Kenya’s Octavia Carbon Secures USD 3.9 M Seed Funding
Octavia Carbon raises USD 3.9 million in seed funding. Funding co-led by Lateral Frontiers and E4E Africa.
Egyptian Cleantech NoorNation Raises Investment from KBW Ventures
NoorNation raises investment from KBW Ventures. KBW Ventures makes its first investment in Egypt's startup ecosystem.
In Focus: The Catalyst Fund’s $1.8M boost to spark African climatetech startups
Africa is the poorest continent per capita despite its resources and potential workforce. African startups receive only 0.2% of international investment inflow.
