The Tony Elumelu Foundation (TEF), a leading philanthropic organization dedicated to empowering young entrepreneurs in Africa, has entered into a $6 million strategic partnership with the UAE Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation.
Egypt-based fintech startup Paymob has announced a successful extension of its Series B funding round, securing an additional $22 million.
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.
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