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Author: Fred Kennedy
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Knife Capital Marks 15-Year Milestone with Fresh Investments in South African Startups
South Africa-based venture capital firm Knife Capital is celebrating its 15th anniversary with strategic Series A investments in two local startups, Sticitt and Optique, as part of its ongoing commitment to scaling innovation across the continent.
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Ghana’s Liquify Raises $1.5M to Scale AI-Powered Trade Finance Solution for Exporting SMEs
Liquify, a Ghanaian fintech company streamlining access to trade finance for African small and medium-sized enterprises (SMEs), has successfully closed a US$1.5 million seed funding round that was oversubscribed.
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EdgeNext and iXAfrica Partner to Accelerate Digital Infrastructure Growth in East Africa
EdgeNext, a global edge computing and cloud services provider, has partnered with iXAfrica Data Centres, Kenya’s leading hyperscale and AI-ready data center, to boost digital infrastructure in East Africa.
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Miro Secures Investment from Lagata and Global DFIs to Expand Sustainable Plywood Operations in West Africa
Miro, a forestry and plywood manufacturing enterprise with operations in Sierra Leone and Ghana, has closed a significant funding round spearheaded by Lagata, an investment firm dedicated to forestry ventures across sub-Saharan Africa.
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Sahel Capital Invests $1 Million in Avocado Oil Firm Persea to Boost East Africa’s Agribusiness
Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has announced a $1 million debt investment in Persea Oil, an avocado oil producer with operations in Kenya and Tanzania.
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Fintech Unicorn Wave Secures $137 Million in Debt to Advance Financial Inclusion in Africa
Mobile money operator Wave has secured $137 million in debt to ramp up its operations and expand into additional African markets.
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African Startups Raise $1.4B in H1 2025
African startups raised $1.4B in H1 2025—a 78% YoY increase—led by fintech, healthtech, and proptech. Discover key trends, top deals, and the shift toward equity and venture debt.
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Mastercard Partners with enza to Transform Digital Payments in Africa
Mastercard has partnered with payment solutions provider enza to streamline fintech access to its global payment network across Africa.
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AXIAN Telecom Secures $600 Million in Bond Sale to Drive Digital Expansion and Inclusion Across Africa
AXIAN Telecom, a prominent player in Africa’s telecommunications and digital services landscape, has finalized the successful pricing of its $600 million Senior Notes, set to mature in 2030.