Day: August 13, 2026
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BluePeak Fund II Invests $12 Million in Monty Mobile to Expand African Messaging Infrastructure
BluePeak Private Capital Fund II has invested an initial $12 million in Monty Mobile International to expand enterprise messaging services across Africa.
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IFC Commits $25 Million to Jumia in $50 Million Equity Raise
The International Finance Corporation has committed $25 million to Jumia Technologies AG as part of a $50 million equity raise aimed at expanding the company’s e-commerce and logistics operations across Africa.