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A South African fintech startup, Scale, has entered into a strategic partnership with global payments firm Mastercard to simplify how businesses issue payment cards across parts of Africa.
German development finance institution DEG has committed €15 million to the Adenia Entrepreneurial Fund I (AEF I), a pan-African private equity vehicle managed by Adenia Partners.
The Private Infrastructure Development Group (PIDG) has announced a €4.3 million investment in Afreenergy Solar to support the expansion of clean energy solutions for businesses in Senegal.
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