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Day: January 21, 2025
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South African Insurtech Naked Raises $38 Million in Series B2 Funding
Naked, a South African insurtech company, has successfully raised $38 million in a Series B2 funding round.
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OPEC Fund Backs Africa’s Largest Onshore Wind Farm with $30 Million Investment
The OPEC Fund for International Development has pledged $30 million to support the Gulf of Suez Wind Farm in Egypt, poised to become Africa’s largest onshore wind energy project.
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Nigeria’s SeamlessHR Secures $9 Million in Series-A Extension to Accelerate African Expansion
SeamlessHR, a Nigerian-based HR technology company, has successfully raised $9 million in a Series-A extension round, TechCabal reports.
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PowerGen Partners with PIDG, IFU, EDFI, and AfDB to Launch Renewable Energy Platform in Africa
PowerGen Renewable Energy (PowerGen) has announced a groundbreaking partnership with leading international investors to establish a scalable platform for distributed renewable energy solutions across Africa.