Walmart Makes African Debut With Launch of First Retail Store in South Africa
The U.S. retail giant Walmart has officially opened its first store under the Walmart name in South Africa, marking a major step in its African expansion.
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FSD Africa Launches US$30 Million Fund to Expand Insurtech Growth Across Africa
FSD Africa has unveiled a US$30 million venture fund, the Inclusive Insurtech Investment Fund (3iF), aimed at inviting more private capital into the continent’s insurtech industry.
AfDB Approves $15 Million Investment in Adenia Fund to Boost Small and Mid-Sized Firms
The African Development Bank (AfDB) has approved a $15 million equity injection into Adenia Entrepreneurial Fund 1 (“AEF 1”), a private-equity vehicle managed by Adenia Partners.
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