Funding
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Legendary Foods lands new investment from Nairobi Business Angel Network
The foodtech company has secured an undisclosed amount of funding from the Nairobi Business Angel Network to address food insecurity. Legendary Foods delivers the nutrition of meat at the price and sustainability of plants using insect agriculture made into delicious products. Led by Shobhita Soor, the company produces palm weevil larva, a local delicacy that
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Ashesi Entrepreneurship Center backs 10 alumni ventures with $65,000
The Ashesi Entrepreneurship Center has provided financial support to alum business ventures through the AVI X Grant Program. The program has been in operation since 2020 and aims to assist alum entrepreneurs in expanding and promoting their businesses. According to Dr. Gordon Adomdza, Associate Professor at Ashesi University, the grant helps cushion the entrepreneurial journeys
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Jetstream Africa scores $13 million to facilitate cross border trade across African countries
Jetstream Africa, the technology-enabled logistics company, has secured a $ 13 million pre-Series A financing to scale into various markets in the continent. The funds will be used to support Jetstream’s expansion into new countries and the continued development of its technology platform, which vertically aggregates the fragmented financing and logistics vendors that support trade