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Tag: Investment News
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British International Investment Expands Support for SunCulture with $4 Million Investment
The British International Investment (BII) has announced an additional $4 million investment in SunCulture, a Kenya-based company specializing in solar energy solutions and irrigation equipment.
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Acumen Invests in Ghanaian Agritech Startup Wami Agro to Support Smallholder Farmers
Acumen has invested in Wami Agro, a Ghanaian agritech startup.
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Africa Tech Summit Honors 13 Top Innovators Driving Change in Africa
The inaugural Africa Tech Summit Awards concluded in Nairobi, Kenya, recognizing 13 outstanding entrepreneurs and ventures shaping the technology landscape across Africa.
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Tunisia’s Dabchy Secures Funding from Janngo Capital, Renew, and Village Capital to Scale Circular Economy
Dabchy, a leading online marketplace for second-hand fashion in the Middle East and North Africa (MENA), has raised a seven-figure pre-Series A funding round.
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Ethiopia Secures $600 Million Investment as EABC, EIH, and Asset Green Partner in Agribusiness Project
Ethiopia’s agricultural sector, the Ethiopian Agricultural Businesses Corporation (EABC), Ethiopian Investment Holdings (EIH), and UK-based private equity firm Asset Green have entered into a shareholders’ agreement to launch a comprehensive dairy and crop farming initiative.
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Microsoft to Train 1 Million Nigerians in AI to Boost Digital Workforce
Microsoft has unveiled a $1 million initiative to train one million Nigerians in artificial intelligence (AI) and digital skills over the next two years.
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Johnvents Group Secures $40.5 Million Investment from BII to Boost Cocoa Processing in Nigeria
Johnvents Group, a prominent Nigerian agribusiness and manufacturing conglomerate, has received a $40.5 million investment from British International Investment (BII), the UK’s development finance institution and impact investor.
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IFC Grants $37 Million Loan to Mohinani Group for PET Recycling in Ghana and Nigeria
The International Finance Corporation (IFC) has announced a collaboration with Ghana-based manufacturer Mohinani Group to enhance plastic waste recycling in Ghana and Nigeria.
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Egyptian SaaS Startup Qme Raises $3 Million Seed Funding to Revolutionize Appointment Booking
Egyptian software-as-a-service (SaaS) startup Qme has raised $3 million in seed funding, with AHOY, a deep-technology company, leading the investment round.