Tag: Investment News
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Mastercard and Glovo Partner to Launch School Feeding Program in Kenya and Nigeria
Mastercard and Glovo, a leading app connecting users with diverse services, have joined forces to combat hunger and support education in underserved communities across Kenya and Nigeria.
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Nigerian Fintech Mamamoni Secures €250,000 Funding
Mamamoni, a Nigerian fintech social enterprise dedicated to empowering low-income women, has received a €250,000 grant from the Challenge For Youth Employment (CFYE).
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Global VC Partech Closes $300 Million Fund for African Startups
Leading global venture capital firm Partech has announced the final closing of its Partech Africa II fund, securing €280 million (over $300 million) to fuel the growth of African startups across diverse sectors.
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Ghanaian Logistics Startup Jetstream Africa Unveils AI-Powered Platform to Boost Cross-Border Trade in Africa
Ghanaian digital freight forwarder Jetstream Africa has launched Jetvision.ai, an artificial intelligence-powered platform aimed at streamlining cross-border trade across the continent.
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Nigerian Cleantech Startup Arnergy Secures $3 Million Funding, Eyes Series B
Arnergy, a Nigerian cleantech startup specializing in distributed renewable energy solutions, has raised $3 million in a bridge round led by All On, an off-grid energy impact investment company supported by Shell.
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Catalyst Fund Invests $1.8M in 9 African Climate Startups
Catalyst Fund, an impact investor supporting early-stage climate tech startups in Africa, has announced a $1.8 million investment in nine promising ventures across the continent.
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African Vehicle Financing Startup Moove Secures $10 Million to Fuel India Expansion
Moove, a leading African vehicle financing startup, has announced securing $10 million in debt funding from Stride Ventures, a sector-agnostic venture debt firm.
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Nigerian AgTech Startup UfarmX Partners with Africa GreenTec to Help Farmers Tackle Post-Harvest Challenges
Nigerian AgTech startup UfarmX has joined forces with Africa GreenTec, a leading provider of sustainable energy solutions to empower women farmers in Senegal through customized solutions that promote sustainable development across the country’s agricultural value chain.
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Investment Firm Injaro Raises $17.5 Million to Back SMEs in Ghana and Ivory Coast
Injaro Investments Advisors Limited, a prominent Ghanaian investment firm, announced the successful closing of its Injaro Ghana Venture Capital Fund (IGVCF), securing GHS 216 million (USD 17.5 million).