Investment News Archives - Page 110 of 117

MyCover.ai, a Nigerian startup specializing in insurance technology solutions, has secured $1.25 million to disrupt the traditional insurance industry in Africa

Jul 21, 2023

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Founded in 2021, MyCover.ai aims to disrupt the traditional insurance industry in Africa by leveraging cutting-edge technology to provide accessible, transparent, and personalized insurance products to individuals and businesses alike..

Egyptian fintech startup Flash has raised $6 million in seed funding to expand its product offerings and accelerate its growth in Egypt and beyond

Jul 21, 2023

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in New Investments

Founded in 2021, Flash offers cashless payment solutions through its scan-and-pay service, allowing consumers and businesses to make transactions conveniently using QR codes

Rensource Energy, one of the leading Nigerian distributed energy services companies, has secured $15 million in funding from Afrigreen Debt Impact Fund SLP

Jul 21, 2023

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in New Investments

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.

Investment platform Africa50 and the International Solar Alliance partner to finance solar energy in Africa

Jul 19, 2023

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in Key developments

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.

Norfund makes the first two landmark direct investments in plastic recycling in Africa in Nigeria and Ghana

Jul 17, 2023

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in New Investments

Norfund, the Norwegian Investment Fund for Developing Countries, has announced its first-ever direct investments in plastic recycling initiatives in Africa

Zambian solar energy company MySol raises $7.7 million to elecrify 40,000 people with solar energy

Jul 14, 2023

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in Key developments

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.