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Month: October 2024
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Nigerian Fintech Moniepoint Becomes Africa’s 8th Unicorn After Securing $110 Million Series C Funding
British private equity firm Development Partners International (DPI) has led a $110 million investment in Nigerian fintech Moniepoint, elevating the company to unicorn status.
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Roselyne Chambrier is Leading Sustainable Industrial Growth and Empowerment in Africa
Roselyne Chambrier is an accomplished Ivorian business leader, investor, and philanthropist with over 15 years of experience spanning finance, infrastructure, and sustainable industrial development in West and Central Africa.
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SA Investment Firm Edge Growth Secures $2.1 Million to Boost South African SMEs
South African investment firm Edge Growth has successfully raised $2.1 million through the ASISA Enterprise and Supplier Development (ESD) Fund to further empower growth-stage small and medium enterprises (SMEs).
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BURN Secures $15 Million EIB Investment to Expand Clean Cooking Solutions in East Africa
Kenyan clean cooking appliance manufacturer BURN has announced a $15 million investment deal with the European Investment Bank (EIB) to support the distribution of its ECOA Electric Induction Cooker across East Africa.
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Raphael Afaedor: Transforming African Retail with Tech-Driven Solutions
Raphael Afaedor is a visionary Ghanaian entrepreneur with a mission to reshape Africa’s retail and agricultural landscapes through digital innovation.
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South African Logistics Startup Pargo Secures $4 Million to Expand E-Commerce Logistics Network into Egypt
South African e-commerce logistics firm Pargo has secured $4 million in funding to fuel its expansion into Egypt, where it has introduced over 500 “Pargo Points” to enhance delivery options.
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BasiGo Raises $42 Million in Funding to Drive Public Transport Electrification in Sub-Saharan Africa
BasiGo, a prominent provider of electric bus solutions in sub-Saharan Africa, has successfully secured $42 million in new capital.
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AfDB Approves $100 Million Loan to Boost Youth and Women-Led Enterprises in Nigeria Through YEIB Initiative
The African Development Bank (AfDB) has approved a $100 million loan to support youth and women-led micro, small, and medium enterprises (MSMEs) in Nigeria through the Youth Entrepreneurship Investment Bank (YEIB) initiative.
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Ndidi Okonkwo Nwuneli: Global Advocate Leading the Charge Against Poverty and Food Insecurity in Africa
Ndidi Okonkwo Nwuneli is a renowned Nigerian social entrepreneur, advocate for sustainable development, and a thought leader in the fields of agriculture, nutrition, leadership development, and social innovation.