Your cart is currently empty!
Author: Fred Kennedy
-
IFC Proposes $6 Million Equity Investment in Catalyst Fund to Drive Growth of Africa’s Climate-Tech Startups
The International Finance Corporation (IFC) is considering an equity commitment of up to $6 million to Catalyst Fund, a climate-technology venture vehicle targeting $40 million for early-stage investments across Africa.
-
Egypt’s Tagaddod Secures $26.3 Million Series A to Drive Global Expansion in Renewable Feedstocks
Egyptian cleantech company, Tagaddod, has secured $26.3 million in a Series A funding round aimed at accelerating its expansion and deepening its capabilities in the renewable feedstocks market across Africa, Asia and Europe.
-
Gabon’s POZI Secures €650,000, Marking First Foreign VC Investment in Country’s Tech Scene
Gabonese telematics and fleet management startup POZI has raised €650,000 (about USD 690,000) in a funding round led by Saviu Ventures, with participation from Emsy Capital and advisory firm Chazai Wamba
-
Africa to Get Share of PayPal’s $100 Million Investment Aimed at Powering Digital Innovation and Economic Growth
PayPal has announced plans to invest US$100 million across the Middle East and Africa, aiming to accelerate innovation, boost entrepreneurship, and nurture more inclusive economic growth in a region experiencing a surge in digital commerce activity.
-
African Union Pledges $100 Million to Transform Agrifood Systems Across Africa by 2035
The African Union (AU) has pledged to mobilize $100 million in public and private investment to overhaul and strengthen Africa’s agrifood systems by 2035.
-
Mawingu Gets $20 Million Funding from PRIF II to Boost Rural Internet Expansion in Africa
Mawingu, a telecommunications firm specializing in delivering internet connectivity across rural and peri-urban East Africa, has secured a US$20 million investment from the Pembani Remgro Infrastructure Fund II (PRIF II).
-
Mali’s OKO Secures Fresh Funding Round Led by Catalyst Fund to Expand Climate Insurance for African Farmers
Malian agritech and climate-insurance startup, OKO, has secured a new round of investment led by Catalyst Fund, with backing from two of its earlier backers.
-
Africa50 Names Sérgio Pimenta CEO of its $275 Million Infrastructure Acceleration Fund
Africa50, the leading pan-African infrastructure investor and multi-vehicle asset manager, has announced the appointment of Sérgio Pimenta as Chief Executive Officer of its Infrastructure Acceleration Fund (IAF).
-
Avanz Capital Egypt Joins Algebra Ventures Fund II in Landmark Secondary LP Deal
Avanz Capital Egypt has joined Algebra Ventures’ second fund as a limited partner through a secondary transaction executed by its investment arm, Avanz Manara.