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Tag: Investment News
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M-Kopa secures $250 million in one of Africa’s biggest tech fundraisings
M-KOPA, a pioneering company in the field of asset financing and renewable energy solutions in Africa, has secured over $250 million in a combination of debt and equity funding.
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Egypt’s Balad secures seven-figure Pre-seed funding to drive financial inclusion
Balad, a rising star in the Egyptian fintech scene, has closed a seven-figure pre-seed funding round.
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SA e-health startup Quro Medical raises $1.3m from the Mineworkers Investment Company
Quro Medical, a pioneering leader in innovative healthcare solutions, has secured a $1.3 million investment from the Mineworkers Investment Company (MIC)
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Proparco backs DisrupTech Ventures with $5 million to invest in Egypt’s fintech space
Proparco, a leading development finance institution, has invested $5 million in Disruptech Ventures to accelerate the growth of Egypt’s fintech sector.
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Fingo Africa teams up with Ecobank to become Kenya’s first neobank
Fingo Africa, a YC-backed fintech, has partnered with Ecobank to launch the first neobank in Kenya.
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ADF, Smart African Alliance join forces to boost digital trade in Africa.
This expansion marks a significant milestone in AfriLabs’ mission to catalyze innovation, entrepreneurship, and technology-driven growth throughout Africa.
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YALI, Microsoft ADC partner to empower African youth with digital skills
The Young African Leadership Initiative (YALI) has partnered with Microsoft Africa Development Center (ADC) to improve the digital skills of young people in the East African region.
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Chargel raises $2.5m seed funding to revolutionize logistics in Francophone Africa
Senegalese logistics company Chargel has secured $2.5 million seed funding for Francophone Africa expansion.
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Nomba raises $30m Pre-Series B funding round
Nigerian payment service provider Nomba has raised a $30 million Pre-Series B funding round to enable businesses to easily and securely receive customer payments across Africa.