Tag: Investment News
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Egyptian Ed-tech Startup, OBM Education, Secures Funding for Expansion
OBM Education, an Egyptian educational technology startup, has announced a substantial six-figure funding round to expand its presence in Saudi Arabia.
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Husk Power Systems Secures $103 Million in Series D Funding for Cleantech Expansion in Africa and Asia
Husk Power Systems, a pioneering cleantech startup operating in Africa and Asia, has successfully concluded its Series D funding round, raising $103 million.
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Kuramo Capital Management to Invest $150 Million in Female-Led Startups Across Africa
Kuramo Capital Management, a prominent investment management firm with a focus on Sub-Saharan Africa (SSA), has announced its ambitious plan to invest $150 million in supporting female-led startups throughout the African continent over the next decade.
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OceanHub Africa Accelerates Six Startups on a Journey to Sustainable Growth
OceanHub Africa, a business accelerator for environmentally conscious startups, has concluded its fourth cohort with a boot camp for the six startups participating in the eight-month program.
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Endeavor and FMO Launch Second Cohort of African Agritech Accelerator
Endeavor and FMO, the Dutch entrepreneurial development bank, have announced the launch of the second cohort of their African Agritech Accelerator program.
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Amazon Announces Plan to Launch In South Africa to Empower Sellers
E-commerce giant Amazon has disclosed its plans to launch Amazon.co.za in 2024.
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Mediterrania Capital Partners Leads $60 Million Investment In Moroccan Fintech Cash Plus
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has announced a €57 million investment in Moroccan financial services provider CASH PLUS.
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EdVentures Invests $400,000 in Egyptian Edtech Startup Crafty Workshop
EdVentures has announced a $400,000 investment round in Crafty Workshop, an Egyptian firm specializing in supporting handicrafts through its digital educational platform.
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VC Firm 500 Global Selects 15 Egyptian Startups for Scale-Up Program
Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Programme, a seven-week program designed to help founders scale their businesses.