Tag: Investment News
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Digital Africa Unveils €30 Million Seed Fund to Support Africa’s Emerging Tech Startups
Digital Africa has unveiled a new investment vehicle aimed at helping African startups navigate one of the toughest stages in their growth journey.
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Macron Unveils €23 Billion Africa Investment Plan at the Africa Forward Summit in Nairobi
French President Emmanuel Macron has announced a €23 billion investment commitment for Africa during the Africa Forward Franco-African Business Forum in Nairobi, as France seeks to deepen economic ties with the continent through a renewed partnership model centered on investment and trade.
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Kaleidofin, Apollo Agriculture and IDH Farmfit Fund Close Kenya’s First Private-Sector Agriculture Securitization Deal
Kenya has recorded a major milestone in agricultural finance after fintech company Kaleidofin completed the country’s first private-sector local currency securitization focused on smallholder farmers, unlocking fresh capital for rural lending.
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Israel Launches Africa’s First Mobile Climate Lab in Kenya to Bridge the Continent’s Climate Data Gap
Israel has launched a mobile climate research laboratory in Kenya to strengthen climate monitoring and improve access to scientific data across Africa, where experts say a shortage of reliable ground-based measurements continues to weaken climate planning and policy decisions.
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Namibia’s Bellatrix Unveils $10 Million Seed Fund for Early-Stage Startups
Namibia-based alternative investment firm Bellatrix Investment Managers has launched a new $10 million venture capital fund aimed at backing early-stage startups across Southern Africa.
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BFREE Raises New Funding to Scale Purchases of Non-Performing Loans in Africa
Pan-African debt recovery and distressed credit investor BFREE has secured a new growth investment round aimed at expanding its ability to purchase bad loan portfolios from banks and digital lenders across Africa.
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Village Capital Makes First Africa Ecosystem Fund Investments in Ghana
Village Capital has made its first investments through the Africa Ecosystem Catalysts Facility (AECF), deploying $350,000 into two startups in Ghana as the nonprofit deepens its push to support early-stage African businesses tackling essential everyday challenges.
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IFC, Standard Chartered Roll Out $300m Facility to Ease Financing Pressure on African Supply Chains
The International Finance Corporation (IFC), part of the World Bank Group, has teamed up with Standard Chartered to introduce a $300 million risk-sharing facility aimed at improving access to supply chain finance across Africa.
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Sabou Capital Secures Backing From Mastercard Foundation Fund to Finance African SMEs
Sabou Capital, a Nigerian impact investment firm focused on technology-driven small and medium-sized businesses, has received an undisclosed anchor investment from the Mastercard Foundation Africa Growth Fund.