New Investments
Ghanaian Agritech 3Farmate Robotics Secures Funding to Drive AI-Powered Agricultural Revolution
3Farmate Robotics leverages cutting-edge robotics and artificial intelligence to empower farmers with tools that enable efficient and cost-effective farm operations.
What sets 3Farmate Robotics apart is its groundbreaking technology, driven by state-of-the-art advancements in computer vision, deep learning, and advanced state estimation algorithms.
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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
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Secha Capital Secures New Backing from E Squared for $40 Million SME Growth Fund
Secha Capital has secured additional backing for its second growth fund, bringing in E Squared Investments as a new investor as it advances toward its fundraising target.
Ethiopian Airlines and AfDB Sign $7.8 Billion Deal to Build Africa’s Largest Airport
Ethiopian Airlines has signed a landmark agreement with the African Development Bank (AfDB) to develop Africa’s largest airport—the Bishoftu International Airport in Ethiopia.
Incofin Backs East African Food Enterprises to Boost Nutrition and Food Security
Incofin Investment Management, through the Nutritious Food Financing Facility (N3F) and in partnership with the Global Alliance for Improved Nutrition (GAIN), has invested in three food companies in East Africa: Soy Afric in Kenya, and Mkuza Chicks and Rainbow Haulage in Tanzania, to boost nutrition and food security in the region.