Author: Fred Kennedy

Norfund, the Norwegian Investment Fund for developing countries, has announced an additional investment of US$40 million in CrossBoundary Energy (CBE), a leading renewable energy solutions provider in Africa.

Nigerian fintech unicorn Moniepoint has announced a strategic investment from global payments leader Visa.

Renew Capital has announced its investment in Sevi, a Kenyan fintech company regulated by the Central Bank of Kenya.

Heading for Change, a donor-advised fund committed to driving climate solutions with women as key agents of change, has announced plans to invest in two transformative climate-focused initiatives targeting emerging markets in Africa.

MoneyHash, a leading payment orchestration platform in the Middle East and Africa (MEA), has raised $5.2 million in pre-Series A funding.

Naked, a South African insurtech company, has successfully raised $38 million in a Series B2 funding round.

The OPEC Fund for International Development has pledged $30 million to support the Gulf of Suez Wind Farm in Egypt, poised to become Africa’s largest onshore wind energy project.

SeamlessHR, a Nigerian-based HR technology company, has successfully raised $9 million in a Series-A extension round, TechCabal reports.

PowerGen Renewable Energy (PowerGen) has announced a groundbreaking partnership with leading international investors to establish a scalable platform for distributed renewable energy solutions across Africa.