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Author: Fred Kennedy
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Mastercard Foundation Africa Growth Fund Partners with CCA to Support MSMEs in Africa
A new partnership between the Mastercard Foundation Africa Growth Fund and Capital Connect Africa (CCA) is aiming to tackle one of the biggest challenges faced by African micro, small, and medium enterprises (MSMEs): access to financing.
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Serge Ekue is Advancing West Africa’s Development Through Strategic Finance and Regional Cooperation
Serge Ekue is a Togolese banker, development finance expert, and a prominent figure in West Africa’s economic landscape.
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Huawei Launches Smart Warehouse in South Africa to Transform African Logistics
Huawei South Africa has unveiled a cutting-edge smart warehouse in Johannesburg, marking a major development in the region’s logistics landscape.
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Zimi Gets $320,000 to Turn Electric Vehicles into Backup Power Sources in South Africa
South African electric vehicle startup Zimi has received a grant of $320,000 (about R6 million) from the Energy and Environment Partnership (EEP Africa Trust Fund).
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Scalar and Mergence Launch $150 Million Fund to Boost Clean Energy and Digital Infrastructure in Southern Africa
Scalar International and Mergence Investment Managers have launched a new $150 million private equity fund to support clean energy and digital infrastructure projects in the region.
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South African Fintech Startup Stitch Secures $55 Million in Series B Funding
South African payments company Stitch has raised $55 million in its latest Series B funding round, pushing its total funding to $107 million.
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Shirley Somuah is Driving Economic Growth in Africa by Backing Local Businesses and Empowering Youth
Shirley Somuah is a Ghanaian investment professional and partner at CardinalStone Capital Advisers (CCA), a private equity firm that focuses on growing small and medium-sized businesses in West Africa, especially in Nigeria and Ghana.
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DPI Launches New Venture Capital Arm to Support African Tech Startups
Development Partners International (DPI), a major private equity investor, has raiseda new venture capital platform aimed at supporting technology startups across Africa.
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ARM-Harith Secures $12.5 Million Investment from FSD Africa to Boost Climate Infrastructure in Nigeria
FSD Africa Investments (FSDAi), a UK-backed development finance investor, has announced a $12.5 million investment into the ARM-Harith Climate and Transition Infrastructure Fund (ACT Fund) to attract more local capital into climate-related infrastructure projects across Nigeria.