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Tag: Investment News
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DEG Invests €15M More in Mediterrania Capital to Boost African Mid-Sized Firms and Climate Action
DEG, the German development finance institution, has increased its investment in Mediterrania Capital IV Mid-Cap by an additional €15 million.
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African Startups to Benefit from Yango Group’s $20 Million Venture Fund Launch
Yango Group, a global tech company, has launched a new venture fund called Yango Ventures to support early-stage startups in fast-growing regions.
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Tony Elumelu Foundation Launches $15 Million Grant to Back 3,000 African Entrepreneurs
The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support 3,000 emerging entrepreneurs across 52 African countries.
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16 African Engineering Innovators Shortlisted for 2025 Africa Prize
Sixteen innovators from seven African countries have been selected for the 2025 Africa Prize for Engineering Innovation.
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Egypt’s Grinta Secures Strategic Funding to Drive East Africa Expansion and Healthcare Transformation
Grinta, a growing healthcare and pharmaceutical company, has taken a major step forward by acquiring Citi Clinic, one of Egypt’s most well-known primary healthcare chains.
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Proparco and Equity Group Sign €1 Million Deal to Boost Climate-Smart Farming in Kenya
Proparco has signed a new partnership with Equity Group to support sustainable agriculture in Kenya.
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Finnfund Invests €2 Million More in Fibertime to Expand Internet Access in South African Townships
Finnfund has announced an additional €2 million investment in Fibertime Group to help the company expand fibre internet access in South Africa.
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Kenyan Startup Leta Raises $5 Million to Boost AI-Powered Logistics Platform in Africa
Nairobi-based logistics technology company Leta has secured $5 million in seed funding to enhance its artificial intelligence (AI)-powered platform.
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Mirova Funds KOKO to Expand Clean Cooking Solutions in Africa
Mirova, an affiliate of Natixis Investment Managers, has announced financial support for KOKO, a company offering clean cooking solutions in Africa.