Trump’s USAID Shutdown Strikes Blow to African Startups, Halting Critical Funding
President Trump's executive order has halted USAID funding, affecting vulnerable populations and startups. USAID's Development Innovation Ventures invested over $100 million in Kenyan startups over the past decade.
Kenyan Roam Secures $24M to Advance African EV Production
Roam secures $24 million in funding to expand operations across Africa. Equator Africa leads a $14 million Series A equity round for Roam.
Kenyan EV startup Roam secures $24m to scale production
Roam raises $24 million in equity and debt to expand local manufacturing capabilities and scale up production. The funding round was led by Equator Africa and included participation from other investors.
