Tag: Investment News
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Acumen Unveils $90 Million KawiSafi Fund II to Scale Climate Innovation Across Africa
Acumen, the global impact investment firm, has introduced its second iteration of the KawiSafi fund, a private-sector investment vehicle dedicated to scaling climate-focused solutions throughout the African continent.
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South African Fintech Float Raises $2.6 Million to Accelerate Expansion
South African financial technology startup Float, a pioneering card-linked instalment provider, has secured US$2.6 million in a fresh funding round.
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South African Ed-tech Innovator The Invigilator Secures $11 Million for Global Expansion
The Invigilator, a Johannesburg-based startup delivering AI-driven tools to uphold exam integrity, has closed a funding round of $11 million to accelerate its expansion beyond Africa.
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Helios Investment Partners Targets Cairo’s Regional Data Hub in $260m Agreement
Helios Investment Partners has taken a significant step toward expanding its digital infrastructure footprint in North Africa after Telecom Egypt’s board gave initial approval to the firm’s proposal to purchase a majority interest in its data center business.
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UK, GCC, and Global Partners Announce Major Agricultural Investments at AFSF 2025
The 16th African Food Systems Forum (AFSF) ended with a series of significant investment pledges aimed at transforming Africa’s agricultural landscape.
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AgDevCo Invests $7 Million in Planting Naturals to Scale Sustainable Palm Oil in Sierra Leone
AgDevCo has invested $7 million in Planting Naturals, a Sierra Leone-based producer of certified organic palm oil.
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Standard Bank Commits $10 Million to AWIF to Boost Women Fund Managers in Africa
Standard Bank has committed $10 million to the African Women Impact Fund (AWIF), a move aimed at empowering women fund managers across Africa.
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Egyptian Fintech Munify Raises $3 Million Seed Round from Y Combinator to Accelerate Global Expansion
Egyptian fintech startup Munify has successfully closed a $3 million seed funding round, spearheaded by the Silicon Valley accelerator Y Combinator, with backing from BYLD and Digital Currency Group (DCG).
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Africa’s Business Heroes Unveils Top 20 Finalists for $1.5 Million 2025 Prize
Africa’s Business Heroes (ABH), the flagship philanthropic enterprise spearheaded by Alibaba Philanthropy and rooted in the Jack Ma Foundation, has unveiled the 20 entrepreneurs selected to advance to the semi-finals of its prestigious 2025 competition.