Author: Fred Kennedy
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Sanari Capital Raises $80 Million to Scale Technology-Driven African Businesses
Sanari Capital, a South African private equity firm, has announced the successful final close of its Sanari 3S Growth Fund, raising R1.5 billion (approximately $80 million).
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Schroders Capital and BlueOrchard Invest $5 Million in African Infrastructure Fund
Schroders Capital and BlueOrchard have committed $5 million to the African Infrastructure Investment Fund 4 (AIIF4) through their Green Earth Impact Fund (GEIF).
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Eng. Carol Ofafa: Leading Sustainable Energy Solutions in Africa and Empowering Women in STEM
Eng. Carol Awuor Ofafa is a distinguished electrical engineer, renewable energy advocate, and a champion for sustainable development and gender equality.
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SunCulture and Turaco Partner to Launch Initiative to Safeguard Smallholder Farmers from Climate Risks
Two Kenyan companies, SunCulture and Turaco, have introduced a collaborative initiative, “SunCulture Protect,” aimed at enhancing the resilience of smallholder farmers.
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Cauris Finance Secures $40 Million Debt Facility to Back African Fintechs
Cauris Finance, an Africa-focused impact credit fund, has successfully closed a $40 million debt facility with a U.S.-based institutional investor.
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Nigerian Fintech Billboxx Raises $1.6 Million Pre-Seed Funding to Support SME Growth
Billboxx, a Nigeria-based financial technology company specializing in invoicing and cash flow management for small and medium-sized enterprises (SMEs), has raised $1.6 million in a pre-seed funding round.
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Camco Announces First Close of $107 Million for Decarbonizing Africa’s Energy Grid Through REPP 2 Fund
Camco, a prominent climate and impact fund manager, has announced the first close of $107 million for its Renewable Energy Performance Platform 2 (REPP 2) debt fund, with an additional $78 million pledged pending certain conditions.
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LAfricaMobile Closes its $7 Million Series A Funding to Drive Cloud Communication and AI in Africa
LAfricaMobile, a leader in cloud communication and artificial intelligence (AI), has successfully closed its Series A funding round, raising a total of €6.5 million ($7 million).
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Kelvin Umechukwu: Pioneering Digital Transformation for African Entrepreneurs
Kelvin Umechukwu is a Nigerian tech entrepreneur and community builder who advocates for digital innovation in Africa’s small business sector.