Tag: Investment News
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Egyptian Startup Swypex Launches All-in-One Financial Platform for Businesses After $4 Million Seed Round
Egyptian startup Swypex has unveiled its one-stop financial management platform designed to streamline business operations.
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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 Africa Launches First Military-Focused AI Hub in Africa
South Africa took a significant step towards integrating Artificial Intelligence (AI) into its national defense and security with the launch of the Defence Artificial Intelligence Research Unit (DAIRU).
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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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African Biotech Startup Syndicate Bio and SOPHiA GENETICS Partner to Improve Access to Cancer Diagnostics in Africa
Nigerian biotech company Syndicate Bio has partnered with SOPHiA GENETICS, a leader in cloud-based healthcare software to improve access to advanced cancer diagnostics in Africa,
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CatalyzU and Future Africa Launch “How to Startup” Fellowship to Empower African Entrepreneurs
CatalyzU, a tech-driven platform that supports African talent, has partnered with Future Africa, a pan-African venture capital firm, to launch the “How to Startup” Fellowship.
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Google Seeks African Startups Pioneering AI Solutions for 8th Accelerator Program
Google is calling on African tech ventures to apply for the eighth cohort of its Google for Startups Accelerator Africa program.