Tag: Investment News
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Ghanaian PE Firm Injaro Invests $2 Million in Fintech Startup Zeepay
Injaro Investment Advisors, a Ghanaian private capital fund manager, has announced a $2 million equity investment in Zeepay Ghana Limited, a wholly Ghanaian-owned global mobile finance service (MFS) provider.
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Green Climate Fund Approves $50 Million for REPP 2 to Boost Renewable Energy in Africa
The Green Climate Fund (GCF) has approved a $50 million equity allocation to REPP 2, a new debt fund that will provide an opportunity to invest in the rapidly growing renewable energy sector in sub-Saharan Africa.
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African Agri-Food Startups Invited to Apply for THRIVE Global Accelerator Program
African agri-food startups can now apply for the THRIVE Global Accelerator Program, a 12-week program designed to support seed through Series A companies and prepare them for growth and scalability.
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MFS Africa and Madagascar’s Mvola Partner to Facilitate Inbound International Money Transfers
Pan-African digital payments network MFS Africa has joined forces with Mvola, the biggest mobile money provider in Madagascar, to pave the way for inbound international money transfers.
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Ghanaian Startup Kofa Partners with TAILG Group to Introduce E-Bikes with Innovative Battery Swap Technology in Africa
Ghanaian startup Kofa, a pioneer in battery network solutions, has teamed up with TAILG Group, a prominent electric vehicle (EV) brand hailing from China, to launch the Jidi electric motorcycle.
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Kenyan Social Commerce Startup, Sukhiba Connect, Secures $1.5 Million to Expand Beyond Borders
Sukhiba Connect, a pioneering Kenyan social commerce startup, has successfully raised $1.5 million in funding to fuel its expansion ambitions beyond the country’s borders.
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Egyptian Ed-tech Startup, OBM Education, Secures Funding for Expansion
OBM Education, an Egyptian educational technology startup, has announced a substantial six-figure funding round to expand its presence in Saudi Arabia.
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Husk Power Systems Secures $103 Million in Series D Funding for Cleantech Expansion in Africa and Asia
Husk Power Systems, a pioneering cleantech startup operating in Africa and Asia, has successfully concluded its Series D funding round, raising $103 million.
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Kuramo Capital Management to Invest $150 Million in Female-Led Startups Across Africa
Kuramo Capital Management, a prominent investment management firm with a focus on Sub-Saharan Africa (SSA), has announced its ambitious plan to invest $150 million in supporting female-led startups throughout the African continent over the next decade.