Investment News Archives - Page 122 of 149

Copia Global Secures $20 Million in Series C Extension to Tap into Booming African Consumer Market

Dec 13, 2023

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Kenyan e-commerce and fintech platform Copia Global has made a strategic move, appointing seasoned tech leader John Lazar to its board of directors alongside securing $20 million in fresh funding.

Proparco and 27four Invest $28.7 Million in SA PropTech Divercity to Address Affordable Housing Crisis in South Africa

Dec 12, 2023

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in New Investments

French development finance institution Proparco and South African investment manager 27four have announced a joint investment of R550 million (USD 28.7 million) in Divercity Urban Property Group.

Ghanaian Agritech 3Farmate Robotics Secures Funding to Drive AI-Powered Agricultural Revolution

Dec 11, 2023

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in New Investments

Ghanaian agritech trailblazer 3Farmate Robotics has secured an undisclosed amount in angel investment to fuel the expansion of its precision AI-powered electric robots.

BOAD Launches Climate Study Fund to Bolster Resilience in 8 African Countries

Dec 11, 2023

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in Key developments

Responding to the critical need for climate resilience across Africa, the West African Development Bank (BOAD) has announced the launch of the Climate Study Fund.

Pan-African Fintech Flutterwave Acquires Money Transfer Licences for 13 States in the US to Facilitate Remittances for the African Diaspora

Dec 11, 2023

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in Key developments

Pan-African fintech leader Flutterwave has acquired 13 new money transmission licenses in the United States, significantly expanding its reach in the crucial cross-border payments market.

Wic Capital Secures $1 Million Loan From FSD Africa to Support Women Entrepreneurs in Senegal and Côte d’Ivoire

Dec 9, 2023

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in New Investments

Women-focused investment fund, Wic Capital, has secured a $1 million loan from a prominent UK investor, FSDAi Nyala Facility.

Nigerian Fintech Bujeti Raises $2 Million to Scale its All-in-One Corporate Card and Expense Management Platform

Dec 9, 2023

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in New Investments

Nigerian fintech startup Bujeti has secured $2 million in seed funding to scale its all-in-one corporate card issuance and expense management platform.

Sierra Leone Gets its First Large-Scale Grid-Connected Solar IPP After $52 Milion Funding From BII, FMO, Proparco & Frontier Energy

Dec 7, 2023

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in Key developments

In a significant step towards clean energy and improved electricity access, a consortium of Development Finance Institutions (DFIs) and renewable energy fund manager Frontier Energy has announced a co-investment of over $52 million for the Planet Solar project in Sierra Leone.