Tag: Infrastructure Development
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BasiGo to Spearhead Rwanda’s Electric Mobility Revolution with the Introduction of Electric Buses
Rwanda’s vision for a greener and more sustainable future takes a giant leap forward as BasiGo, a renowned electric vehicle manufacturer, announces its plans to bring electric buses to the streets of Rwanda.
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Mastercard teams up with Nigerian B2B e-commerce platform Alerzo to digitize African SMEs
Mastercard has partnered with Alerzo, a fast-growing Nigerian startup, to digitize African SMEs. The collaboration aims to drive financial inclusion and support the growth of the sector.
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Nigerian fintech startup Kuda hits 6 million customer milestone as it continues to redefine financial inclusion in Africa
Founded in 2019, Kuda has rapidly evolved into one of the most prominent fintech startups in Africa, offering innovative financial solutions and reshaping the way individuals access and manage their money.
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Solar energy company Starsight Energy secures $20 million to power East Africa with solar energy
The funding injection aims to accelerate the expansion of clean energy access across the East Africa region and marks a significant milestone in the company’s mission to drive sustainability and economic growth
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Rensource Energy, one of the leading Nigerian distributed energy services companies, has secured $15 million in funding from Afrigreen Debt Impact Fund SLP
The investment is set to fuel Rensource’s expansion plans and strengthen its position as a key player in the country’s solar energy market.
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Investment platform Africa50 and the International Solar Alliance partner to finance solar energy in Africa
Africa50, an investment platform that finances infrastructure projects in Africa, and the International Solar Alliance (ISA), an intergovernmental organization that promotes solar energy in developing countries, have signed a partnership agreement to finance solar energy projects in Africa.
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Zambian solar energy company MySol raises $7.7 million to elecrify 40,000 people with solar energy
Zambia-based solar energy company, MYSOL, has secured $7.5 million in funding to accelerate the deployment of off-grid solar electrification projects across the country.
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AI company Flapmax launches program to help African startups scale up and raise capital
The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.
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Invest International injects $10.8M in uMunthu II Fund to support African SMEs
By providing capital, strategic guidance, and mentorship, the fund aims to unlock the growth potential of African businesses and contribute to their long-term success