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Day: August 29, 2025
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Finnfund Extends $4 Million Debt Support to Poa Internet to Bridge Kenya’s Digital Divide
Finnfund, a Finnish development finance institution, has committed a $4 million debt investment to Kenyan internet provider Poa Internet to accelerate the rollout of affordable, high-speed broadband across underserved and low-income communities in Kenya.
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Japanese VC Firms Uncovered Fund and Monex Launch $20 Million Fund to Invest in African and MENA Startups
Uncovered Fund, a Tokyo-based venture capital firm, has teamed up with Japanese financial services group Monex Ventures to roll out the Uncovered Monex Africa Investment Partnership (UMAIP)—a $20 million fund designed to fuel early-stage innovation across Africa and the Middle East.