Tag: Investment News
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MYDAWA, a leading Kenyan e-health startup, has raised $20 million to fund its mission of becoming an all-in-one health platform for consumers
The investment was made by Alta Semper Capital LLP , a dedicated frontier-markets private equity firm investing in flexible and strategic capital in healthcare and consumer opportunities.
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Nuru, a leading renewable energy company, has secured over $40 million in funding to expand its efforts in providing access to clean and sustainable energy solutions
This significant investment will empower Nuru to expand its efforts in providing access to clean and sustainable energy solutions in DR Congo, heralding a new era of progress and environmental stewardship.
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Eastcastle, a telecom infrastructure provider, gets $60 million investment from IFC to accelerate digital connectivity in DRC
The funding will be utilized to expand EastCastle’s telecom towers network across the Democratic Republic of Congo (DRC), bolstering connectivity and improving access to telecommunications services in the country.
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Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market
Kyosk aims to leverage its technological prowess to streamline the supply chain, enhance convenience, and improve access to high-quality fresh produce across the continent.
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FAO to launch fall armyworm research Hub in Kenya to pave way for innovative solutions in crop protection
The Food and Agriculture Organization (FAO) has announced plans to establish a dedicated Fall Armyworm Research Hub in Kenya.
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Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture – Copy
The African Development Bank (AFDB) has approved a $21 million financing to support Kenyan youths and women entrepreneurs in agriculture.
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SEACOM secures $207 million from IFC to boost digital connectivity in Africa
SEACOM LTD, one of the leading Pan-African data services providers, has secured $207 million in funding from the International Finance Corporation (IFC) to accelerate digital connectivity in seven African countries.
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COOKO, an innovative Cameroonian AgTech startup, has raised $872,000 to revolutionize the country’s cocoa value chain
The funding round was led by Chui Ventures, with participation from Launch Africa Ventures, Roselake Ventures, and Logos Ventures.
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Shop Zetu, a fast-growing fashion marketplace based in Kenya, has raised $1 million in pre-seed funding to fuel its Africa expansion plans
The funding round was led by Chui Ventures, with participation from Launch Africa Ventures, Roselake Ventures, and Logos Ventures.