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Author: Fred Kennedy
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First Circle Capital, SpeedInvest, and Knife Capital Honored for Pioneering Support of African Startups at Oxford VC Awards
Three African venture capital (VC) fund managers—First Circle Capital, SpeedInvest, and Knife Capital—have been honored with prestigious awards for their exceptional efforts in supporting entrepreneurs and startups across the continent.
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Vantage Capital Invests €14 Million in Moroccan Agriculture Firm SPMS
Vantage Capital, a leading African fund manager, has announced the closing of a €14 million mezzanine investment in Société de Production Maraîchère Samir (SPMS), a Moroccan agricultural company.
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OCP, IFC Launch €100 Million Initiative to Combat Water Scarcity, Boost Food Security in Africa
Morocco’s OCP Group has joined forces with the International Finance Corporation (IFC) to launch a €100 million initiative aimed at combating water scarcity and improving food security in Africa.
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Moroccan Recruitment Startup Kwiks Secures Funding From Azur Innovation to Streamline Hiring Process
Kwiks, a leading Moroccan human resources technology (HRtech) platform, has secured a significant funding boost of $827,000 from Azur Innovation Management (AIM).
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Uganda’s Agent Banking Company (ABC) Secures Investment from Goodwell Investments
Uganda’s Agent Banking Company (ABC) has received a significant investment from Goodwell Investments, a Netherlands-based impact investor. This marks Goodwell’s entry into Uganda’s financial inclusion sector.
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Coca-Cola Pledges $1 Billion Investment in Nigeria
Coca-Cola has announced plans to invest $1 billion in its Nigerian operations over the next five years.
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Mukundi Lambani is Preserving African Languages through Technology and Innovation
Mukundi Lambani is a visionary entrepreneur, tech innovator, and advocate for African cultural preservation through education.
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Ghana’s Kofa Expands Battery-Swapping Network with $8 Million Investment to Boost Clean Energy Adoption
Ghanaian startup Kofa, a pioneer in battery network solutions, is expanding its operations in the country through a GBP6.15 million (US$8 million) special purpose vehicle (SPV).
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Moroccan Startup Userguest Raises $2.4 Million in Seed Funding to Boost Hotel Revenue Optimization
Userguest, a Moroccan tech startup that helps hotels optimize their direct revenue, has secured €2.2 million (approximately $2.4 million) in seed funding.