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Author: Fred Kennedy
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Ghanaian AI Startup Aya Data Secures Seed Funding to Expand AI Solutions
Aya Data, a Ghanaian artificial intelligence (AI) startup, has successfully raised $900,000 in a seed funding round led by 54 Collective, with additional contributions from several angel investors.
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Victoria Chelangat Sabula is Leading the Charge for Sustainable Business Solutions and Economic Empowerment in Africa
Victoria Chelangat Sabula is a distinguished leader and visionary in social impact and business development, serving as the CEO of the Africa Enterprise Challenge Fund (AECF).
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Grid Africa Secures $2.8 Million Investment to Boost Renewable Energy Projects in South Africa
Grid Africa has secured a significant equity investment of $2.8 million from Rifuwo Energy Partners to accelerate its renewable energy projects across South Africa.
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Lapaire Secures Funding from AfricInvest and Proparco to Expand Optical Care Across Africa
Lapaire, a fast-growing African eyewear startup, has secured significant financial backing from AfricInvest and Proparco to expand its optical care services across the continent.
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Yellow Card Secures $33 Million Series C Funding to Drive Expansion in Africa
Yellow Card, a leading fintech company in Africa, has raised $33 million in a Series C funding round aimed at enhancing its operations and driving expansion across the continent.
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Kenya’s Octavia Carbon Secures $5 Million in Seed Funding to Advance Carbon Removal from Air
Kenyan startup Octavia Carbon has successfully raised $5 million in seed funding to advance its innovative direct air capture (DAC) technology, which aims to remove carbon dioxide (CO2) from the atmosphere using geothermal resources, particularly waste heat.
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Tunji Andrews is Championing Financial Inclusion for Africa’s Informal Workforce Through Innovation and Advocacy
Tunji Andrews is a renowned Nigerian economist, financial literacy advocate, entrepreneur, and media personality, whose work focuses on demystifying economics and promoting financial inclusion, particularly for Africa’s underserved informal workforce.
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Egypt-Based Micromobility Startup Rabbit Mobility Raises $1.3 Million to Drive Expansion in North Africa
Egypt-based micromobility startup Rabbit Mobility has successfully secured $1.3 million in a fresh investment round aimed at accelerating its expansion across Egypt and North Africa.
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IFC Invests $25 Million in Acumen’s Fund to Enhance Energy Access in Sub-Saharan Africa
The International Finance Corporation (IFC) has committed up to $25 million to Acumen’s Hardest-to-Reach (H2R) Fund, a $200 million initiative aimed at improving energy access in underserved regions of Sub-Saharan Africa.