Tag: Investment News
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Norfund makes the first two landmark direct investments in plastic recycling in Africa in Nigeria and Ghana
Norfund, the Norwegian Investment Fund for Developing Countries, has announced its first-ever direct investments in plastic recycling initiatives in Africa
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Zambian solar energy company MySol raises $7.7 million to elecrify 40,000 people with solar energy
Zambia-based solar energy company, MYSOL, has secured $7.5 million in funding to accelerate the deployment of off-grid solar electrification projects across the country.
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Moroccan proptech startup Agenz has secured $1.3 million pre-Series A funding
Moroccan proptech startup Agenz has secured $1.3 million pre-Series A funding.
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Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding
Propel, a Nigerian talent-matching startup that builds sustainable talent pipelines for communities, has raised $2.74 million in seed funding
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Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana
Nigerian mobility fintech startup Moove has secured $8 million in funding to fuel the expansion of its vehicle fleet in Ghana.
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AI company Flapmax launches program to help African startups scale up and raise capital
The program, which is open to startups from all over the continent, will provide participants with access to mentorship, training, and funding opportunities.
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Invest International injects $10.8M in uMunthu II Fund to support African SMEs
By providing capital, strategic guidance, and mentorship, the fund aims to unlock the growth potential of African businesses and contribute to their long-term success
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Chari, a Moroccan e-commerce startup, raises $1.5 million to revolutionize the African retail industry
Founded in 2020, Chari has developed an advanced e-commerce platform that aims to bridge the gap between traditional brick-and-mortar stores and online shopping experiences.
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Nigerian fintech Zuvy secures $4.5 million debt funding to provide invoice financing for African SMEs
Nigerian tech startup, Zuvy Technologies, has raised $4.5 million in a recent funding round to provide invoice financing for African SMEs.