Investment News Archives - Page 125 of 149

South African Agritech Startup Khula! Secures Investment from PepsiCo Fund to Empower Farmers

Nov 24, 2023

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Khula, a South African agritech startup dedicated to empowering farmers through a digital platform, has secured an undisclosed investment from a PepsiCo fund.

Cameroonian Health Startup Waspito Secures $2.5 Million Seed Extension to Expand Telemedicine Services

Nov 24, 2023

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in New Investments

Waspito, a Cameroonian health startup pioneering telemedicine services, has successfully raised a $2.5 million seed extension in a funding round led by DP World.

Nigerian Fintech FrontEdge Secures $10 Million to Boost African Cross-Border Trade

Nov 24, 2023

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in New Investments

FrontEdge, a Nigerian fintech startup based in Lagos, has successfully raised $10 million in a seed round of funding, with over 70% of the capital contributed through debt financing.

Germany Pledges Support to Boost Green Energy Efforts in Africa

Nov 24, 2023

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in Key developments

In a significant move to support Africa’s transition to green energy, Germany has committed to investing 4 billion euros (approximately $4.37 billion) in renewable energy projects across the continent by 2030.

South African Fintech Firm Payment24 Acquires Inergy 24 to Expand European Footprint

Nov 22, 2023

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in Key developments

South Africa-based Payment24, a global provider of payment and loyalty solutions, has acquired Switzerland-headquartered Inergy 24 to accelerate its expansion into the European market.

Ed Partners Africa Secures $10 Million in Funding from DFC to Expand Access to Affordable Education in Kenya

Nov 22, 2023

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in New Investments

Ed Partners Africa, a Kenyan non-banking financial institution that specializes in providing loans to affordable private schools, has announced a $10 million loan guarantee facility from the United States’ Development Finance Corporation (DFC).

Gozem Acquires Beninese Fintech Startup Moneex to Expand Financial Services

Nov 14, 2023

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in Key developments

Gozem, the leading super app in Francophone Africa, has acquired Beninese fintech startup Moneex in an undisclosed deal.

Shekel Mobility Secures $7 Million in Funding to Drive Growth in African Automotive Market

Nov 14, 2023

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in New Investments

Shekel Mobility, a B2B auto dealers marketplace catering to the African used car market, has secured $7 million in funding to propel its growth and expansion plans.