Tag: Investment News
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AfDB Launches $1 Billion Fund to Insure 40 Million African Farmers From Effects of Climate Change
AfDB has launched a $1 billion fund called the African Climate Risk Insurance Facility for Adaptation (ACRIFA) to insure African farmers.
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Mbay Mobility to Introduce 33,000 Electric Taxis in West Africa By 2033
E-mobility startup Mbay Mobility is embarking on an ambitious mission to electrify taxi fleets in Dakar, Abidjan, and Accra.
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African Startups Invited to Apply for Norrsken’s $125k Accelerator Program
Norrsken has opened applications for its Norrsken Accelerator program.
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Seedstars Africa Ventures Secures $30 Million From EIB Global to Back African Startups
European Investment Bank (EIB) Global has injected $30 million into Seedstars Africa Ventures I, a venture capital fund empowering African startups and businesses through risk capital.
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Digital Africa Invests in Four African Startups, Expands its Investment Portfolio Under Fuzé Initiative
Digital Africa, a leading venture capital firm, has announced strategic investments in four innovative startups across Africa, demonstrating its commitment to empowering tech solutions tailored to the continent’s economic landscape.
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Nigeria’s Zebra CropBank Secures Investment to Empower Africa’s Smallholder Farmers
Nigerian agritech startup Zebra CropBank has secured a significant investment to boost its mission of transforming the lives of smallholder farmers across Africa.
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Nigerian Fintech Startup Cleva Secures $1.5 Million Pre-Seed to Streamline International Payments Across Africa
Nigerian fintech startup Cleva has raised $1.5 million in pre-seed funding to streamline international payments for individuals and businesses across Africa.
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Cameroonian Fintech Koree Secures Pre-Seed Funding for Growth
Cameroonian fintech Koree, which helps people save their spare change digitally, has secured $200,000 in pre-seed funding to expand its reach and offer.
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Egyptian Edtech Startup iSchool Raises $4.5 Million for Global Expansion
Egypt-based edtech startup iSchool has secured $4.5 million in a funding round to fuel its global expansion, with plans to establish a new team in Dublin, Ireland.