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Saudi Investor Backs Arise IIP with $700 Million in One of Africa’s Largest Private Infrastructure Deals
Saudi Arabia’s Vision Invest has acquired a stake in Arise Integrated Industrial Platforms (Arise IIP) via a capital injection of $700 million, in what is one of the biggest private infrastructure financing events in Africa.
Acumen Unveils $90 Million KawiSafi Fund II to Scale Climate Innovation Across Africa
Acumen, the global impact investment firm, has introduced its second iteration of the KawiSafi fund, a private-sector investment vehicle dedicated to scaling climate-focused solutions throughout the African continent.
South African Fintech Float Raises $2.6 Million to Accelerate Expansion
South African financial technology startup Float, a pioneering card-linked instalment provider, has secured US$2.6 million in a fresh funding round.
South African Ed-tech Innovator The Invigilator Secures $11 Million for Global Expansion
The Invigilator, a Johannesburg-based startup delivering AI-driven tools to uphold exam integrity, has closed a funding round of $11 million to accelerate its expansion beyond Africa.