Kenya-based venture capital firm Purple Elephant has secured $4.5 million in seed capital, making it one of Africa’s biggest rounds of tourism-tech funding. The venture studio designs and builds climate-focused startups to improve sustainable travel and touring in Africa through regenerative tourism. Regenerative tourism is a type of sustainable travel that aims to improve and…...
Trending
- In Africa and the Middle East, how the insurance sector stands out in 2024
- Congo: Cameroonian banks mandated to raise 120 million USD on the BEAC securities market
- Cameroon: Cauri Money aims to capture 140 million USD through Gajo Money, its electronic wallet
- ValU approved for the Jordanian market after being listed on the Egyptian Stock Exchange
- CEMAC: BEAC revives the Deposit Guarantee Fund in Central Africa
- Chad: State to launch a debt collection company to restore its finances
- Global oil demand: OPEC banking on a rapidly expanding African continent
- Nigeria: Insurance sector turnover exceeds one billion dollars in 2024