February in Africa: All the tech news you shouldn’t miss from the past month

Is there such a thing as “Funding February?” Has somebody coined that already? No? Good. We’re doing it here. So many African startups raised money last month that it amply deserves the moniker, and raises expectations that this year will be the best yet for African entrepreneurs looking for venture capital. Funding February The funding wasn’t localized, but spread across the continent. In Kenya, pay-as-you-go energy provider M-KOPA Solar closed its fourth round of investment through a US$12.45 million equity and debt deal led by LGT Venture Philanthropy. The company will use the money to extend its product range, grow…



This story continues at The Next Web



from The Next Web http://ift.tt/1Gb7xmc

via IFTTT