Category: Key developments
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Fingo Africa teams up with Ecobank to become Kenya’s first neobank
Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
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ADF, Smart African Alliance join forces to boost digital trade in Africa.
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.
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YALI, Microsoft ADC partner to empower African youth with digital skills
The Young African Leadership Initiative (YALI) has partnered with Microsoft Africa Development Center (ADC) to improve the digital skills of young people in the East African region.
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Afrilabs welcomes 19 new hubs to supercharge African innovation
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.
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Zambia: MTN launches Skills Academy to empower youth with digital skills
In Zambia, South African multinational mobile telecommunications company MTN Group has launched a skills academy to empower the youth and bridge the digital skills gap.
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AfDB secures $350 million from JICA to support Africa’s private sector
The African Development Bank Group (AfDB) has secured a $350 million loan from the Japan International Cooperation Agency (JICA) to enhance its support for private sector operations in Africa.
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African Startups to benefit from Capria Ventures’ new $100 million fund
Capria Ventures, the global investment firm focused on backing early-stage impact-driven businesses, announced its first Global South Fund II close at $100 million.
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Amethis launches $490 million pan-African fund targeting African companies.
Private equity firm Amethis has launched a $490 million pan-African fund to support high-potential companies across the continent.
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Tanzania’s Kakono gets $300 million to deliver clean energy
Powering up Tanzania: The African Development Bank Group, the French Development Agency (AFD) and the European Union (EU) have teamed up to invest $300m in Tanzania’s Kakono hydropower plant.