Tag: Investment News
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South Africa’s Yazi Raises First Institutional Funding to Scale WhatsApp-Based AI Research Platform
South African startup Yazi has secured its first institutional investment round, marking a new milestone for the AI-driven research platform that operates entirely through WhatsApp.
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Zeno Raises $25M to Expand Electric Vehicle and Charging Network in East Africa
Electric mobility and distributed energy company Zeno has secured $25 million in new funding to accelerate the expansion of its electric vehicle and charging infrastructure across East Africa.
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South African Fintech NjiaPay Raises $2.1M Seed Funding to Scale Payment Orchestration Across Africa
South African fintech startup NjiaPay has secured $2.1 million in seed financing as it seeks to expand its payment orchestration platform and scale its operations across the African continent.
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Orca Fraud Secures $2.35 Million Seed Funding to Expand Real-Time Fraud Detection in Emerging Markets
Orca Fraud, a South African startup focused on combating financial fraud in digital payment systems, has raised $2.35 million in seed funding to strengthen its real-time transaction monitoring and fraud intelligence platform.
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Acumen Backs Nigerian Agribusiness AgroEknor to Expand Hibiscus Exports
Global impact investor Acumen has made a strategic investment in AgroEknor, a Nigerian agribusiness focused on the production, processing, and export of hibiscus.
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BII and ILX Complete First Joint $15 Million Investment to Support SMEs and Agribusinesses in East Africa
British International Investment (BII) and ILX, a private debt asset manager based in Amsterdam, have completed their first joint investment aimed at increasing financing for small businesses and agricultural enterprises in East Africa.
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Breaking Down €3.1 Billion: Sector and Country Allocation of EIB Global’s 2025 Africa Financing
In 2025, the European Investment Bank’s development arm, EIB Global, committed €3.1 billion across Africa.
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Vantage Capital Invests $39.5 Million in SolarAfrica Subsidiary CESA to Support South Africa’s Commercial Solar Growth
South Africa’s Commercial Energy South Africa (CESA), a subsidiary of renewable energy developer SolarAfrica, has secured a R635 million (approximately $39.5 million) investment from African mezzanine debt specialist Vantage Capital, with participation from co-investor Greenpoint Capital.
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Beltone Holding Launches Private Equity Arm to Back Startups from Early Stage to Pre-IPO Growth
Beltone Holding has introduced a new private equity division designed to support companies as they grow from early financing rounds to the verge of going public, marking a significant expansion of its investment services.