Tag: Investment News
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Renew Capital Backs Ghanaian Startup Tendo to Boost Online Entrepreneurship
Impact investment firm Renew Capital has announced an investment in Tendo, a digital platform based in Ghana that enables people to launch their own online businesses with no upfront cost.
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Nigerian Investment Firm C-One Ventures Acquires Microfinance Bank, Bankly
C-One Ventures, a Nigerian investment company with a focus on technology and finance, has completed the acquisition of Bankly, a licensed microfinance bank.
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Nigeria’s OmniRetail Raises $20 Million in Series A funding to Expand in West Africa
OmniRetail, a Nigerian startup helping informal retailers manage supply chains digitally, has secured $20 million in Series A funding.
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Aruwa Capital Raises $35 Million for Second Fund, Aiming to Boost Women-Led Businesses
Aruwa Capital Management, a female-founded and led investment firm based in Lagos, has secured 90% of its $40 million goal for its second fund, Aruwa Capital Fund II.
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Ugandan Coffee Exporter JKCC Receives $6.5 Million Boost from IDH Farmfit Fund
Uganda’s JKCC General Supplies has secured a $6.5 million loan from the IDH Farmfit Fund to support its operations and expand its reach among local coffee farmers.
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LeapFrog Secures $60 Million EIB Support to Scale Climate Solutions in Africa, Asia
The European Investment Bank (EIB) has pledged $60 million to support the climate-focused initiatives of LeapFrog Investments, a private equity firm targeting green growth in emerging markets.
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Blue Earth Capital Invests $25 Million in Robust International to Support Agriculture Processing in Nigeria
Blue Earth Capital has committed $25 million in private credit funding to Robust International, a company that processes and exports agricultural products like cashews and sesame seeds.
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Crossfin Backs DigiSquad to Boost Financial Inclusion in Africa
South African investment firm Crossfin, known for its focus on financial technology, has announced a new investment in DigiSquad, a payments advisory company based in Johannesburg.
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Sierra Leone Gets Its First Digital Banking Super App with Support from Velmie
Global banking technology company Velmie has supported the launch of Vult, Sierra Leone’s first digital banking super app, to help expand access to financial services in the country.