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Author: Fred Kennedy
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Inspired Evolution Leads $60 Million Funding to Create One of Southern Africa’s Largest Commercial Solar Platforms
A $30 million stake by the climate-investing firm Inspired Evolution into the newly consolidated solar business Sedgeley Solar Group (SSG) marks a key milestone in the company’s growth in Southern Africa.
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Tunisian Startup WildyNess Secures Pre-Seed Funding to Expand Its Sustainable Travel Marketplace Across North Africa
Tunisian-based travel-tech startup WildyNess has successfully closed a pre-seed funding round, marking a significant milestone for North Africa’s tourism technology landscape.
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Ventures Platform Raises $64 Million in First Close of $75 Million Pan-African Fund II
African seed-stage investor Ventures Platform has announced that the first close of its second institutional vehicle, VP Pan‑African Fund II, has reached US $64 million, with a target of reaching US $75 million at final close.
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Sierra Leone Strengthens Agrifood Investment Drive Through High-Level Investor Summit
Sierra Leone has taken a major step toward transforming its agricultural sector and attracting large-scale investment through the inaugural Sierra Leone Agrifood Investor Summit — the country’s largest gathering of agrifood investors to date.
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EIB Invests €20 Million in Amethis Fund to Help European SMEs Expand into Africa
The European Investment Bank (EIB) has invested €20 million in the Amethis Europe Expansion Fund, a new private equity initiative that will help European small and medium-sized enterprises (SMEs) grow their presence in Africa, Europe, and the Middle East.
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IFC Commits $6 Million to First Circle Capital to Back Early-Stage Fintech Growth in Africa
Pan-African early-stage fintech fund manager First Circle Capital, backed by development partner International Finance Corporation (IFC) of the World Bank Group, has pledged up to $6 million to accelerate fintech innovation across Africa.
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Kenya’s Farm to Feed Raises $1.5 Million to Tackle Food Waste and Build a Climate-Resilient Food System
Kenyan agri-tech startup Farm to Feed has secured a $1.5 million seed funding round to accelerate its operations and support the development of a more climate-resilient food system across Africa.
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Sub-Saharan Africa’s Economy Projected to Grow by 3.8% in 2025
The World Bank’s Africa’s Pulse (October 2025) forecasts real GDP growth in Sub-Saharan Africa at 3.8% in 2025, up from 3.5% in 2024.
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South Africa’s MyBitSecure Launches Smart, Secure IoT Farming System to Protect Africa’s Digital Farms
South African startup MyBitSecure has unveiled an all-in-one system that combines IoT-based irrigation and soil monitoring with enterprise-grade cybersecurity to protect farm data.