Tag: Investment News
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AI-Powered Weather Forecasting Startup Salient Raises $2.9 Million
Salient Predictions, a startup that develops AI-powered weather forecasting solutions, has secured a $2.9 million grant courtesy of the Bill & Melinda Gates Foundation.
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Egyptian Insurtech Startup Amenli Raises $1 Million Equity Funding to Fuel Growth
Amenli, an Egyptian insurtech startup, has raised $1 million in equity funding to fuel its growth.
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TymeBank: South Africa’s Financial Disruptor, Reaches 8 Million Customer Milestone
TymeBank, a South African digital bank, has reached the 8 million customer milestone in just four years, a significant achievement for the rapidly growing financial institution.
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ARC Investments Backs South African Freight Platform Linebooker With $3.5 Million Funding
South African freight platform Linebooker has secured $3.5 million (R67 million) in investment from ARC Investments, a leading African investment firm.
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Nigeria’s ThriveAgric Partners With Heifer International to Financially Empower 125,000 Farmers
ThriveAgric, a Nigerian agritech company, has announced a new initiative to empower 125,000 farmers across the country financially.
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Koree, a Fintech Startup from Cameroon, Wins the Ecobank Fintech Challenge
Koree, a Cameroonian fintech company, has been crowned the winner of the 2023 Ecobank Fintech Challenge.
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African Startups to Get Share of Leapfrog’s $50 Million New Fund
The International Finance Corporation (IFC), a member of the World Bank Group, has announced an investment of $50 million in a new fund by LeapFrog Investments.
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Baobab Network Launches Accelerator Programme to Boost African Tech Ecosystem
Baobab Network, a pan-African venture capital firm, has announced the launch of its Accelerator Programme for African Startups.
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Google Backs 11 African Startups For Its Inaugural Africa AI First Accelerator Program
Google has selected 11 African Startups for its inaugural Africa AI First Accelerator Program.