Author: Fred Kennedy
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Nigerian Investment Firm C-One Ventures Acquires Microfinance Bank, Bankly
C-One Ventures, a Nigerian investment company with a focus on technology and finance, has completed the acquisition of Bankly, a licensed microfinance bank.
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Nigeria’s OmniRetail Raises $20 Million in Series A funding to Expand in West Africa
OmniRetail, a Nigerian startup helping informal retailers manage supply chains digitally, has secured $20 million in Series A funding.
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Aruwa Capital Raises $35 Million for Second Fund, Aiming to Boost Women-Led Businesses
Aruwa Capital Management, a female-founded and led investment firm based in Lagos, has secured 90% of its $40 million goal for its second fund, Aruwa Capital Fund II.
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Ugandan Coffee Exporter JKCC Receives $6.5 Million Boost from IDH Farmfit Fund
Uganda’s JKCC General Supplies has secured a $6.5 million loan from the IDH Farmfit Fund to support its operations and expand its reach among local coffee farmers.
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Washikala Malango is Transforming Africa’s Energy Future at Altech Group
Washikala Malango’s journey from a refugee camp to becoming a leading figure in Africa’s clean energy sector is both inspiring and transformative.
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LeapFrog Secures $60 Million EIB Support to Scale Climate Solutions in Africa, Asia
The European Investment Bank (EIB) has pledged $60 million to support the climate-focused initiatives of LeapFrog Investments, a private equity firm targeting green growth in emerging markets.
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Blue Earth Capital Invests $25 Million in Robust International to Support Agriculture Processing in Nigeria
Blue Earth Capital has committed $25 million in private credit funding to Robust International, a company that processes and exports agricultural products like cashews and sesame seeds.
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Nnenna Nwabufo Is Shaping Africa’s Future Through Regional Integration and Economic Development
Nnenna Lily Nwabufo is a Nigerian economist and development leader who has dedicated over three decades to advancing Africa’s growth through her work at the African Development Bank (AfDB).
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Crossfin Backs DigiSquad to Boost Financial Inclusion in Africa
South African investment firm Crossfin, known for its focus on financial technology, has announced a new investment in DigiSquad, a payments advisory company based in Johannesburg.