A country in East Africa known for its rapid economic growth and innovation-friendly policies, particularly in the tech sector.
develoPPP Ventures Opens EUR 100K Funding for East African Startups
develoPPP Ventures has launched its 10th cohort for startup funding. The program offers EUR 100K in non-dilutive, matching funding.
Washington backs Zipline’s African expansion with $150 million
The U.S. Department of State awarded $150 million to Zipline for expanding drone delivery services in Africa. The funding is part of a results-based financing model, releasing funds only when African governments commit to operational costs.
Zipline to receive $150m U.S. backing to expand AI drone delivery across Africa
Zipline is set to receive $150 million from the U.S. Department of State for expansion in Africa. Funding is contingent on signed national expansion contracts from Rwanda, Côte d’Ivoire, Kenya, and Nigeria.
U.S. Backs Zipline’s African Drone Push with $150M
The U.S. Department of State is investing $150 million in Zipline to scale its drone delivery services across Africa. This is the first pay-for-performance agreement of its kind, linking funds to contracts signed by African governments.
