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Author: Fred Kennedy
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Patrick Timani is Building Africa’s Future Through Smart Mobility and Financial Inclusion
Patrick Timani is a Cameroonian tech entrepreneur and engineer who is using innovation to solve some of the everyday challenges facing urban Africa.
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New GX Capital and RMB Ventures Launch 120 Million Fund to Support Clean Tech Projects in South Africa
New GX Capital and RMB Ventures have introduced the Airnergize Capital Fund I with an initial commitment of approximately $120 million.
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Kenyan Tourism-Focused Venture Studio Purple Elephant Ventures Raises Additional $500,000
Nairobi-based Purple Elephant Ventures (PEV), a startup studio focused on tourism, has secured an extra $500,000 to boost its seed funding round to $5 million.
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ECOWAS Development Bank Approves Over €230 Million to Boost West African Projects
The ECOWAS Bank for Investment and Development (EBID) has approved new funding worth €230 million and $10 million to support infrastructure projects and private sector development across West Africa.
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Moroccan Fintech Startup Paytic Raises $4 Million to Expand Global Operations
Paytic, a technology company helping banks and financial service providers streamline its payment operations, has secured $4 million in a seed extension round.
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Kenya’s Digital Bank Umba Secures $5 Million to Drive Pan-African Growth
Kenyan-based digital bank Umba has secured a $5 million debt facility from Star Strong Capital to accelerate its growth and reach more customers across Africa.
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Fadima Diawara is Making Affordable Smartphones Built for African Needs
Fadima Diawara is a Guinean entrepreneur using technology to create practical solutions for Africa.
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Pee Cee Holding Ltd Secures $12 Million IFC Investment to Establish Sierra Leone’s First Large-Scale Onion Farm
The International Finance Corporation (IFC) has announced a $12 million investment to support the creation of Sierra Leone’s first major commercial onion farm.
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Nigeria Joins African Countries Embracing Electric Mobility as LOXEA Launches BYD EVs
LOXEA Nigeria, part of the CFAO Mobility group, has officially launched BYD (Build Your Dreams) electric vehicles in the Nigerian market, marking a major milestone in the country’s transition towards cleaner mobility.