Tag: Investment News
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Can Rwanda Break Out From Its Dependence on Agriculture? A New Innovative Platform Aims to Provide 1.5 Million Farmers With New Livelihoods and Opportunities
The innovative initiative seeks to provide individuals with diverse income-generating opportunities and contribute to the country’s development agenda
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How Are Drones Transforming Healthcare Access in Africa? Learn About A New And Innovative Transport Solution That Just Launched.
Siemens Healthineers Middle East, Southern & Eastern Africa and WINGCOPTER GmbH have partnered to launch Africa’s first integrated drone transport solution for medical supplies.
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Nigerian fintech startup Zeeh Africa gets funding to consolidate financial data
Zeeh Africa secured the funding from Tekedia Capital, a firm investing in mainly technology-anchored companies operating in any industry, including finance.
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Ghanaian cleantech startup Kofa secures funding to make clean energy affordable and accessible
Kofa, a dynamic startup based in Ghana, has secured funding to revolutionize the energy sector with its pioneering Battery-as-a-Service (BaaS) model.
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Nigerian B2B e-commerce startup Sabi raises $38 million in Series B funding
The funding injection will fuel Sabi’s expansion plans, enhance its technological infrastructure, and bolster its market presence across multiple African countries.
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Kenya to launch 1 million locally assembled smartphones by July
The Kenyan government, in collaboration with industry stakeholders, is implementing the comprehensive plan to promote domestic smartphone assembly.
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AfDB approves $11 million to facilitate fertilizer access for African farmers
AfDB apportioned the funding to the African Fertilizer Financing Mechanism (AFFM).
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E3 Capital and Lion’s Head Climate Fund secure $48M to empower climate-focused startups in Africa
The two firms have joined forces to bridge the funding gap and support promising startups addressing climate change challenges in Africa
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Kenyan end-to-end fundraising startup, Raise, has secured undisclosed funding from San Francisco-based firm, Carta
Founded in 2018, Raise is on a mission to help African startups to manage equity, seed rounds, legal compliance, and close deals faster.