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Tag: Investment News
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Nigeria’s Juicyway Raises $3M Pre-Seed Funding to Revolutionize Cross-Border Payments
Juicyway, a Nigerian startup specializing in cross-border payments, has announced a successful $3 million pre-seed funding round.
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Swedfund and IFU Invest $44 Million with Sturdee Energy to Advance Renewable Energy in Southern Africa
Swedfund, the Swedish development finance institution, and the Danish Investment Fund for Developing Countries (IFU) have joined forces with Sturdee Energy to drive renewable energy expansion in Southern Africa.
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Sanari Capital Raises $80 Million to Scale Technology-Driven African Businesses
Sanari Capital, a South African private equity firm, has announced the successful final close of its Sanari 3S Growth Fund, raising R1.5 billion (approximately $80 million).
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Schroders Capital and BlueOrchard Invest $5 Million in African Infrastructure Fund
Schroders Capital and BlueOrchard have committed $5 million to the African Infrastructure Investment Fund 4 (AIIF4) through their Green Earth Impact Fund (GEIF).
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SunCulture and Turaco Partner to Launch Initiative to Safeguard Smallholder Farmers from Climate Risks
Two Kenyan companies, SunCulture and Turaco, have introduced a collaborative initiative, “SunCulture Protect,” aimed at enhancing the resilience of smallholder farmers.
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Cauris Finance Secures $40 Million Debt Facility to Back African Fintechs
Cauris Finance, an Africa-focused impact credit fund, has successfully closed a $40 million debt facility with a U.S.-based institutional investor.
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Nigerian Fintech Billboxx Raises $1.6 Million Pre-Seed Funding to Support SME Growth
Billboxx, a Nigeria-based financial technology company specializing in invoicing and cash flow management for small and medium-sized enterprises (SMEs), has raised $1.6 million in a pre-seed funding round.
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Camco Announces First Close of $107 Million for Decarbonizing Africa’s Energy Grid Through REPP 2 Fund
Camco, a prominent climate and impact fund manager, has announced the first close of $107 million for its Renewable Energy Performance Platform 2 (REPP 2) debt fund, with an additional $78 million pledged pending certain conditions.
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LAfricaMobile Closes its $7 Million Series A Funding to Drive Cloud Communication and AI in Africa
LAfricaMobile, a leader in cloud communication and artificial intelligence (AI), has successfully closed its Series A funding round, raising a total of €6.5 million ($7 million).