Tag: Investment News
-
Egyptian Fintech Startup MoneyHash Secures $4.5 Million to Streamline Payments in Africa
MoneyHash, a leading Egyptian fintech company, has secured $4.5 million in seed funding to bolster its payment technology and expand its reach across the Middle East and Africa (MEA) region.
-
Africa’s Digital Commerce Projected to Reach $72 Billion by 2026 – EBANX Report
Africa is experiencing a surge in online consumerism, becoming a key player in the global digital commerce landscape, according to a new report by EBANX, a global fintech company.
-
d.light Secures $7.4 Million to Expand Solar Power Access in Nigeria
d.light, a leading provider of solar-powered solutions, has secured $7.4 million in financing to advance their Pay-Go service and broaden access to solar products for low-income households in Nigeria.
-
Teraco to Invest $106 Million in South Africa’s Largest Private 120MW Solar Plant for Data Centers
Teraco, a leading African provider of carrier-neutral colocation data centers, has announced plans to build a 120-megawatt (MW) utility-scale solar photovoltaic (PV) power plant in South Africa’s Free State province.
-
Swedfund Invests $5 Million in Ivory Coast’s Bridge Bank Microfinance to Support Women-Led Businesses
Swedfund, a Swedish development finance institution (DFI), has partnered with African credit fund BluePeak Private Capital Fund to invest $5 million in Bridge Bank Microfinance (BBM), a subsidiary of West Africa-based Teyliom Finance.
-
Sawari Ventures to Back Egyptian Tech Startups with New $150 Million Fund
Cairo-based venture capital firm Sawari Ventures has announced a plan to launch a new $150 million investment fund dedicated to supporting Egyptian startups.
-
Gebeya Transforms: From EdTech Startup to All-in-One Talent Cloud Provider
Gebeya, a pioneer in African tech talent development, has announced a significant shift in its focus, transitioning from a SaaS-enabled tech talent marketplace to an all-in-one talent cloud provider.
-
South African Climate Startup Hohm Energy Secures $8 Million to Scale Rooftop Solar Adoption
Hohm Energy, a South African climate tech startup, has raised $8 million in seed funding to accelerate its mission of bringing affordable and accessible rooftop solar solutions to individuals and businesses across the country.
-
UK E-Mobility Startup OX Delivers Gears Up for Africa Expansion with $1.5 Million Grant
OX Delivers, a British e-mobility transport service, has secured a £1.2 million ($1.5 million) grant from Energy Catalyst, an Innovate UK program.