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Author: Fred Kennedy
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Plentify and Conlog Partner to Expand Smart Energy Solutions Across Africa
South African climate-tech company Plentify has partnered with Conlog, Africa’s leading smart metering provider, to deploy intelligent energy management systems to over 50 million households across the continent.
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COREangels Launches $10 Million Fund to Back Early-Stage African and ME Startups
COREangels MEA, in collaboration with PTS Investments Holdings and the Arab Academy for Science, Technology and Maritime Transport (AAST), has introduced a $10 million investment fund aimed at supporting early-stage technology startups across the Middle East and Africa (MEA).
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Fatimatou Ousmanou Samba is Helping the African Diaspora Send Money Home Easily
Fatimatou Ousmanou Samba is a Franco-Cameroonian entrepreneur working at the intersection of fintech, diaspora engagement, and cultural promotion.
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AfDB Commits Record $11 Billion in 2024–2025 Funding to Drive Jobs, Climate Action, and Infrastructure
The African Development Bank (AfDB) has announced a historic $11.1 billion in new investments for the 2024–2025 period, marking the highest annual commitment in its history.
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Denmark’s IFU Invests $9.6 Million in Kenya’s MYDAWA to Expand Pharmacy Access in East Africa
Kenyan digital health startup MYDAWA has secured a $9.6 million investment from Denmark’s Investment Fund for Developing Countries (IFU) to expand its pharmacy network and digital healthcare services across East Africa.
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Swedfund Backs Novastar’s Climate-Focused Fund with $10 Million to Drive Green Innovation in Africa
Swedfund, Sweden’s development finance institution, has committed $10 million to Novastar Ventures’ Africa People + Planet Fund III (NVIII), a venture capital fund targeting early-stage businesses in Africa.
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AfDB Invests $100 Million in ARISE IIP to Expand Industrial Parks Across Africa
The African Development Bank (AfDB) has committed $100 million to Arise Integrated Industrial Platforms Ltd (ARISE IIP), a leading developer and operator of industrial zones in Africa.
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ARC Ride Raises $5 Million in Funding from BII to Expand Electric Motorbikes in Kenya
British International Investment (BII) has committed $5 million in funding to ARC Ride to boost the adoption of electric motorbikes in Kenya.
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Roger Nengwe Ntafam is Bringing Banking to the Unbanked in Francophone Africa
Roger Nengwe Ntafam is a Cameroonian engineer and entrepreneur working to improve financial access for people in Francophone Africa.