Day: February 17, 2026
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Skoot Launches Electric Three-Wheeler in Kenya with Battery Swapping Technology
Skoot Technology has officially introduced its Skoot e3W, an electric three-wheeler for commercial drivers in Kenya, featuring SUN Mobility’s swap-and-go battery technology and distributed locally by Car & General.
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HAVAÍC Secures Over $30 Million for African Innovation Fund 3 After New Backing from E Squared Investments
Cape Town-based venture capital firm HAVAÍC has confirmed another fundraising milestone for its African Innovation Fund 3, bringing new capital commitments to more than $30 million as it works toward its $50 million target.
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Terra Raises $22 Million Just One Month After Record $11.8 Million Round
Terra Industries, a defence technology company based in Nigeria, has secured an additional $22 million in funding, one month after closing an $11.8 million round, bringing its total investment haul to about $34 million.
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IFC Discloses Proposed $8 Million Investment in Aruwa Capital Fund II
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, is planning to invest up to $8 million in Aruwa Capital Fund II, a private equity fund targeting small and medium-sized enterprises (SMEs) in West Africa.