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Author: Fred Kennedy
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African Startups Raise $1.4B in H1 2025
African startups raised $1.4B in H1 2025—a 78% YoY increase—led by fintech, healthtech, and proptech. Discover key trends, top deals, and the shift toward equity and venture debt.
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Mastercard Partners with enza to Transform Digital Payments in Africa
Mastercard has partnered with payment solutions provider enza to streamline fintech access to its global payment network across Africa.
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AXIAN Telecom Secures $600 Million in Bond Sale to Drive Digital Expansion and Inclusion Across Africa
AXIAN Telecom, a prominent player in Africa’s telecommunications and digital services landscape, has finalized the successful pricing of its $600 million Senior Notes, set to mature in 2030.
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Intelsat and WPDI Partner to Launch Satellite-Powered Education Access in East Africa
Intelsat has partnered with the Whitaker Peace & Development Initiative (WPDI), a nonprofit founded by actor and humanitarian Forest Whitaker, to deliver high-speed satellite internet to education centers in conflict-affected regions of East Africa.
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EU-Funded AgriFI Backs Ghana’s Complete Farmer with $2.5M Investment to Empower Smallholder Farmers
Complete Farmer, a pioneering agritech company based in Ghana, has secured an investment of approximately €2.2 million (equivalent to $2.5 million) from the European Union-backed AgriFI initiative.
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Ethiopian Startup Better Auth Raises $5M Seed Funding to Revolutionize Authentication Tools
Better Auth, a developer-centric authentication platform based in Ethiopia, has successfully raised $5 million in a seed funding round.
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Rwanda Launches Innovate4DigiJobs to Boost Youth Opportunities in the Digital Sector
The Rwanda ICT Chamber, in partnership with the ILO and the Government of Luxembourg, has launched Innovate4DigiJobs—a new program aimed at creating digital job opportunities for Rwandan youth.
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Senegalese Startup Logidoo Launches New Corridor to Link Europe and West Africa
Logidoo, a Senegalese-based logistics startup, has unveiled a new international route connecting Belgium to Senegal through Morocco, strengthening trade ties between Europe, North Africa, and West Africa.
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Google Selects 15 African AI Startups for Latest Accelerator Program
Fifteen technology startups from across Africa have been chosen to join the latest cohort of the Google for Startups Accelerator: Africa.