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C-One Ventures, a Nigerian investment company with a focus on technology and finance, has completed the acquisition of Bankly, a licensed microfinance bank.
Salient Predictions, a startup that develops AI-powered weather forecasting solutions, has secured a $2.9 million grant courtesy of the Bill & Melinda Gates Foundation.
South African solar-as-a-service company Wetility has raised ZAR500 million (US$27.8 million) through a structured capital partnership with Jaltech to boost access to clean, affordable energy across the country.
Egyptian ed-tech startup Educatly has raised a $2.5 million funding round led by TLcom Capital and Plus VC, with participation from Egypt Venture and Ireland’s HBAN syndicate.