Funding - eriinfo

Africa

Africa: Ruto Urges Africa to Mobilise Domestic Capital, Warns Foreign Funding Delays Infrastructure Projects

eriinfo.com2 weeks ago04 mins

Nairobi — President William Ruto has urged African countries to mobilise domestic capital to finance infrastructure development, warning that continued reliance on foreign funding is slowing down progress and undermining the continent’s long-term development agenda. Speaking during the opening of the Africa We Build Summit in Nairobi, Ruto said Africa’s development ambitions risk remaining unfulfilled…

Africa

Africa: UN Peacekeeping Missions Under Strain As Funding Cuts and New Threats Grow

eriinfo.com4 weeks ago07 mins

From election support in the Central African Republic to patrols in the disputed Abyei region, UN peacekeepers are operating in increasingly volatile environments – but shrinking resources and new threats, including drone warfare, are testing their ability to keep communities safe. Briefing ambassadors in the Security Council, senior Headquarters and field officials warned that peacekeeping…

SA’s R142bn connectivity plan: The real question isn’t funding; it’s execution

eriinfo.com4 weeks ago08 mins

Mooketsi Mocumi, strategic communications and corporate affairs adviser. South Africa now has something the telecommunications sector has long called for: a costed, structured roadmap to achieve universal, meaningful connectivity. The proposed investment of roughly R142 billion to deliver 100Mbps broadband to all households by 2035 is ambitious, necessary and overdue. But the most important question…

US House to vote on DHS funding as travel chaos deepens

eriinfo.com1 month ago01 mins

The planned vote is unlikely to end the funding impasse as long security lines at US airports continue.

Africa

Africa: South Africa AI Research Startup Yazi Raises Funding Valued At $1.6m

eriinfo.com2 months ago06 mins

Yazi, a South Africa based research technology startup that operates through WhatsApp, raised its first institutional funding round at a pre money valuation of 30 million rand, or about $1.6 million. The round was led by 3 Capital Ventures, an early stage venture firm created by investment manager Allan Gray. The company did not disclose…

AI start-up Yazi raises funding to turn WhatsApp into research tool

eriinfo.com2 months ago03 mins

From left: Lucas Johnson-Barker and Jurgen Stroebel (representatives from 3CV), Timothy Treagus, CEO and co-founder of Yazi, and Mzwandile Sotsaka, CTO and co-founder of Yazi. AI-native research platform Yazi has raised its first institutional funding round from early-stage venture firm 3 Capital Ventures (3CV) at a pre-money valuation of R30 million. Founded in Cape Town…

Africa

African Health Financing Faces Governance Crisis, Not Just Funding Gap

eriinfo.com2 months ago013 mins

Despite spending billions on health every year, many African health systems remain underfunded and heavily dependent on external assistance. Then, African leaders adopted the Abuja Declaration, which pledged to allocate at least 15% of their national budgets to health care. Yet, as fiscal spaces tighten and debt burdens grow, a new consensus is emerging: the problem isn’t…

Cape Town fintech NjiaPay secures R35m in seed funding

eriinfo.com2 months ago03 mins

NjiaPay has secured $2.1m (R35m at R16,66 per US dollar) in seed funding led by European investor Newion Partners to expand its payment orchestration platform across Africa. Left: NjiaPay CEO Jonatan Allback, Right: NjiaPay CPT Roderick Simons | image source: NjiaPay The Cape Town-based fintech provides software that helps businesses manage multiple payment service providers…

Africa’s Business Heroes launches 8th edition with .5m in funding available for African entrepreneurs

Africa’s Business Heroes launches 8th edition with $1.5m in funding available for African entrepreneurs

eriinfo.com2 months ago08 mins

Partner content: Africa’s Business Heroes Africa’s Business Heroes (ABH), the flagship philanthropic initiative of Alibaba Philanthropy and the Jack Ma Foundation, has opened applications for its 8th edition, calling on African entrepreneurs who are building businesses defining the continent’s future. Launched under the theme “Defining Africa’s Future Today”, the 2026 edition reinforces ABH’s role as a…

Africa

Africa: Female Representation Falls As African Tech Funding Rebounds

eriinfo.com2 months ago03 mins

Gender diversity declined in African tech funding in 2025 even as total investment volumes recovered, according to the latest African Tech Startups Funding Report by Disrupt Africa. A total of 178 startups raised $1.64 billion during the year. While the number of funded ventures dipped slightly, total funding increased 46.2% compared to 2024. Only 30…