Tag: Investment News
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OceanHub Africa Accelerates Six Startups on a Journey to Sustainable Growth
OceanHub Africa, a business accelerator for environmentally conscious startups, has concluded its fourth cohort with a boot camp for the six startups participating in the eight-month program.
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Endeavor and FMO Launch Second Cohort of African Agritech Accelerator
Endeavor and FMO, the Dutch entrepreneurial development bank, have announced the launch of the second cohort of their African Agritech Accelerator program.
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Amazon Announces Plan to Launch In South Africa to Empower Sellers
E-commerce giant Amazon has disclosed its plans to launch Amazon.co.za in 2024.
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Mediterrania Capital Partners Leads $60 Million Investment In Moroccan Fintech Cash Plus
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has announced a €57 million investment in Moroccan financial services provider CASH PLUS.
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EdVentures Invests $400,000 in Egyptian Edtech Startup Crafty Workshop
EdVentures has announced a $400,000 investment round in Crafty Workshop, an Egyptian firm specializing in supporting handicrafts through its digital educational platform.
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VC Firm 500 Global Selects 15 Egyptian Startups for Scale-Up Program
Fifteen Egyptian tech startups have been selected for the first batch of the 500 Global in Egypt Scale Up Programme, a seven-week program designed to help founders scale their businesses.
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Andela Launches Talent Cloud to Transform Tech Hiring
Andela, an Africa-focused talent outsourcing startup, has launched Andela Talent Cloud, an integrated end-to-end platform that connects skilled individuals with businesses, transforming the hiring process for tech companies and talents.
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Flutterwave and Microsoft Partner to Accelerate Payment Innovation and Small Business Growth in Africa
Flutterwave, a leading African payments company, has entered into a five-year technology collaboration with Microsoft to build an upgraded platform on Microsoft Azure.
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Sony Launches $10 Million Innovation Fund to Support Africa’s Entertainment Industry
Sony Group Corporation has launched the Sony Innovation Fund: Africa, a $10 million fund to support the growth of the continent’s entertainment sector.