Tag: Investment News
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Yango Delivery Launches Cargo Express to Streamline Large Item Deliveries in Africa
Yango Delivery, a leading logistics platform in Africa, has announced the launch of Cargo Express, a new feature designed to improve the delivery of bulky items across the continent.
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Malian Industrial Giant Ibi Group Launches Electric Vehicle Subsidiary “Angata”
The Malian industrial conglomerate Ibi Group, known for its work in aviation, renewable energies, and irrigation systems, has expanded its operations into the urban transport sector with the launch of a new subsidiary, Angata.
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Kenya Opens Center of Excellence for Biodiversity and Climate in Nairobi
Kenya has opened a center of excellence for biodiversity and climate in Nairobi.
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AfDB Approves $20 Million Grant to Boost Food Security and Water Access in Senegal
The African Development Bank (AfDB) has pledged $20 million to bolster food security and water access for vulnerable communities in Senegal.
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Janngo Capital Raises $4.3 Million From ANAVA to Back Francophone African Startups and Women-Led Businesses
The Janngo Capital Startup Fund (JCSF), a venture capital fund focused on Africa, has secured €4 million (US$4.3 million) in equity investments from ANAVA, Tunisia’s first euro-denominated fund of funds.
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Climate-Focused VC Firm Satgana Secures €8 Million for Early-Stage Startups in Africa and Europe
Satgana, a venture capital (VC) firm specializing in climate solutions, announced the final close of its first fund.
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IFC Invests $10.5 Million in 4DX Ventures to Boost African Tech Startups
The International Finance Corporation (IFC) has announced a $10.5 million investment in 4DX Ventures, a venture capital firm supporting early-stage tech companies in Africa.
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Egyptian Edtech Startup Sprints Secures $3 Million to Fuel Global Expansion
Sprints, a leading Egyptian provider of AI-powered education technology (edtech), has secured $3 million in a bridge funding round.
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Kenyan Electric Bus Startup BasiGo Secures $3 Million Funding for East Africa Expansion
BasiGo, a Kenyan electric mobility company, has secured KSh396 million ($3 million) in equity funding from CFAO Group.