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Author: Fred Kennedy
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BasiGo Expands Electric Bus Operations in Rwanda with 28 New Buses
Electric bus provider BasiGo is set to enhance Rwanda’s public transport sector with the arrival of 28 new electric buses.
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Emerging Africa & Asia Infrastructure Fund Invests $45 Million in CrossBoundary Energy
The Emerging Africa & Asia Infrastructure Fund (EAAIF), under the management of Ninety One, has committed $45 million in funding to CrossBoundary Energy.
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Sahel Capital Invests in MM LEKKER to Boost Benin’s Agricultural Sector
Sahel Capital has provided a $400,000 working capital loan to MM LEKKER through its Social Enterprise Fund for Agriculture in Africa (SEFAA), aiming to strengthen agricultural trade and smallholder farmer support in Benin.
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South African Agri-Tech Startup Khula Secures $6.8 Million to Drive Expansion
South African agri-tech company Khula has successfully raised $6.8 million in its ongoing Series A funding round, with backing from notable investors including Absa Bank and PepsiCo.
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Cecil Senna Nutakor is Pioneering EdTech for Africa’s Future
Cecil Senna Nutakor is a Ghanaian entrepreneur, technology innovator, and education advocate who is redefining digital learning across Africa.
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EIB Joins AFC in $750 Million Infrastructure Climate Resilient Fund to Boost Africa’s Climate Adaptation
The European Investment Bank (EIB) has officially joined forces with the Africa Finance Corporation (AFC) in financing the $750 million Infrastructure Climate Resilient Fund (ICRF), a major initiative aimed at accelerating climate adaptation and sustainable infrastructure development across Africa.
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LoftyInc Capital Management Secures $43 Million in First Close to Invest in seed and Series A Startups
LoftyInc Capital Management has successfully closed the first round of funding for its latest investment vehicle, the LoftyInc Alpha Fund, raising $43 million.
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Ebby Gatamu: Transforming Microfinance in Africa Through Digital Innovation and Financial Inclusion
Ebby Gatamu is a Kenyan entrepreneur and fintech innovator transforming microfinance in Africa.
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GHIB and BII Partner to Bridge Africa’s Trade Finance Gap with $50 Million Facility
Ghana International Bank plc (GHIB) and British International Investment (BII) have announced a landmark $50 million trade finance facility aimed at supporting businesses in Sierra Leone, Liberia, The Gambia, Benin, the Democratic Republic of Congo (DRC), Rwanda, and Tanzania.