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Tag: Digital Transformation
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British Investment and Nordic Fund Inject $29.5 Million into Climate Insurance Technologies for Africa
The British International Investment (BII) and the Nordic Development Fund (NDF) have pledged $29.5 million towards climate insurance technologies.
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South African Fintech Giant Adumo Acquired by Lesaka in $85 Million Deal
South Africa’s leading independent payments processor, Adumo, has been acquired by fellow fintech company Lesaka in a deal valued at ZAR 1.59 billion (US$85.9 million), subject to approvals.
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Milken-Motsepe Prize Awards African Innovators in Off-Grid Energy Solutions $2 Million
A UK-Malawian venture, Aftrak, has emerged victorious in the Milken-Motsepe Prize in Green Energy, a competition aimed at boosting access to sustainable electricity in Africa.
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Seamfix Secures $4.5 Million to Expand Digital Identity Services Across Africa
Nigerian digital identity solutions provider Seamfix has secured $4.5 million in funding to fuel its expansion into five new African countries.
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NBA Africa Launches Triple-Double Startup Accelerator Program for Early-Stage African Businesses
NBA Africa Launches Triple-Double Startup Accelerator Program for Early-Stage African Businesses
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Nigerian Logistics Startup Renda Secures $1.9 Million Pre-Seed Funding
Renda, a Nigerian logistics startup tackling order fulfilment challenges, has secured $1.9 million in pre-seed funding.
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Kenyan Agritech Startup Farm to Feed Secures Funding to Reduce Food Loss
Kenyan agri-tech startup Farm to Feed has secured funding from Renew Capital, a pan-African investment firm, to help them scale their operations. The exact amount of funding was not disclosed.
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Nigerian Food Delivery Startup Chowdeck Secures $2.5 Million in Seed Funding
Chowdeck, a fast-growing Nigerian on-demand delivery service, has secured $2.5 million in seed funding to fuel its expansion plans within the country.
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Egyptian Group-Buying Startup Waffarha Secures Funding for Expansion
Egyptian group-buying startup Waffarha has secured a seven-figure seed round to fuel its growth plans.