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Tag: Investment News
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Kenya to launch 1 million locally assembled smartphones by July
The Kenyan government, in collaboration with industry stakeholders, is implementing the comprehensive plan to promote domestic smartphone assembly.
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AfDB approves $11 million to facilitate fertilizer access for African farmers
AfDB apportioned the funding to the African Fertilizer Financing Mechanism (AFFM).
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E3 Capital and Lion’s Head Climate Fund secure $48M to empower climate-focused startups in Africa
The two firms have joined forces to bridge the funding gap and support promising startups addressing climate change challenges in Africa
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Kenyan end-to-end fundraising startup, Raise, has secured undisclosed funding from San Francisco-based firm, Carta
Founded in 2018, Raise is on a mission to help African startups to manage equity, seed rounds, legal compliance, and close deals faster.
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Cameroon-based fintech Nkwa App secures $15,000 in funding to accelerate financial inclusion and promote a saving culture
Cameroon-based fintech startup Nkwa App has raised $15,000 in Seed Funding to accelerate financial inclusion and promote a saving culture.
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Nigerian cold-chain startup Figorr (Formerly Gricd) raises $1.5 million to revolutionize perishables insurance
Nigerian cold-chain startup Figorr (Formerly Gricd) has raised $1.5 million in seed funding to revolutionize perishables insurance with a data-driven approach.
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Madagascar gets $227 million from World Bank and the French Development Agency to boost climate-smart agriculture
The World Bank and the French Development Agency (Agence Française de Développement) are providing $227 million in financing to Madagascar to help the country boost its climate-smart agriculture sector.
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Khazna Data Centers and Benya Group team up to build a $250 million state-of-the-art data centre in Egypt
The project aims to establish one of the largest data centers in the region, equipped with state-of-the-art facilities and cutting-edge technology.
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Global tech firm TELUS International expands operations to Africa
TELUS International, a leading digital customer experience innovator, has announced the expansion of its global operations to Africa.