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Tag: Investment News
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Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture – Copy
The African Development Bank (AFDB) has approved a $21 million financing to support Kenyan youths and women entrepreneurs in agriculture.
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SEACOM secures $207 million from IFC to boost digital connectivity in Africa
SEACOM LTD, one of the leading Pan-African data services providers, has secured $207 million in funding from the International Finance Corporation (IFC) to accelerate digital connectivity in seven African countries.
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COOKO, an innovative Cameroonian AgTech startup, has raised $872,000 to revolutionize the country’s cocoa value chain
The funding round was led by Chui Ventures, with participation from Launch Africa Ventures, Roselake Ventures, and Logos Ventures.
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Shop Zetu, a fast-growing fashion marketplace based in Kenya, has raised $1 million in pre-seed funding to fuel its Africa expansion plans
The funding round was led by Chui Ventures, with participation from Launch Africa Ventures, Roselake Ventures, and Logos Ventures.
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Kubik, a pioneering startup specializing in plastic waste upcycling, secures $3.34 million to promote sustainable practices across Africa
Kubik, Inc., a pioneering African startup specializing in plastic waste upcycling, has secured $3.34 million in funding.
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Senegal gets $50 million from World Bank to digitize its healthcare system
The investment aims to modernize healthcare services, improve access to quality care, and foster digital transformation in the country’s healthcare sector.
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CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses
Key Developments CrossBoundary Energy Raises $50 Million to Accelerate Clean and Reliable Power for African Businesses | Article CrossBoundary Energy, a leading provider of clean energy solutions in Africa, has secured $50 million in funding to accelerate the deployment of clean and reliable power solutions for businesses across the African continent. CrossBoundary Energy specializes in…
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Egyptian-based logistics startup Trella raises $3.5 million for scaling
Trella, an Egyptian-based logistics startup, has raised $3.5 million in a recent funding round led by Avanz Capital.
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Kenyan startup Peach Cars secures $5 million seed investment
Kenyan startup Peach Cars KE has secured a $5 million seed investment to fuel its ambitious plans of transforming the automotive industry in Kenya.