News #Capital

Kenyan electric mobility company Arc Ride has raised $33.3m in a funding round led by Novastar Ventures and Norrsken22, capital it will use to expand its battery-swapping network across sub-Saharan Africa and enter the South African market.

AfriWallStreet, Africa’s premier digital marketplace and investment gateway, today announced an open call for forward-thinking brands, SMEs, and large enterprises across the continent to list on its platform.

India is adjusting its startup rules, and mobilizing public capital, hoping to help more of them make it to commercial products.