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Author: Fred Kennedy
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AfDB Approves $40 Million to Boost Renewable Energy Access in Africa
The African Development Bank (AfDB) has committed $40 million in equity investment to Project Zafiri, a new initiative aimed at expanding access to renewable energy in Africa.
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Ethiopia Introduces First Local Credit Card to Modernize Its Financial System
Ethiopia has launched its first locally issued credit card, marking a key step toward digital transformation in its financial services.
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Kenya and Tanzania Launch Cross-Border Fiber Network to Boost Regional Connectivity
Kenya and Tanzania have jointly launched a new terrestrial fiber optic link between Dar es Salaam and Mombasa, a project aimed at improving digital communication and internet access across East Africa.
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10 African Fintech Startups Ranked Among the Top 300 Globally in 2025
Ten financial technology companies from Africa have been included in the 2025 list of the world’s 300 leading fintech firms, compiled by CNBC and Statista.
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Moroccan Startup ORA Technologies Closes $7.5 Million Series A Round
Moroccan startup ORA Technologies has raised $7.5 million in its Series A funding round.
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BII, Swedfund, and NAPSA Launch $70 Million Investment Company in Zambia to Support SME Growth
A new company has been established to assist small and medium-sized enterprises (SMEs) in Zambia in securing long-term funding.
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Africa-Born AI Startup Rwazi Raises $12M Series A to Strengthen AI-Driven Market Intelligence Tools
Rwazi, an African-founded artificial intelligence startup focused on market intelligence, has closed a $12 million Series A funding round.
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Kenyan Startups Roam, Keep It Cool Launch Africa’s First Electric Cold-Chain Delivery Network
Two Kenyan startups, Roam and Keep It Cool, have partnered to introduce what they describe as Africa’s first fully electric cold-chain delivery system.
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Egyptian Fintech Startup Palm Secures Pre-Seed Funding to Boost Smart Savings
Palm, a financial technology startup based in Egypt, has completed its pre-seed funding round.