Tag: Investment News
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Pan-African Talent Cloud Tech Company Gebeya Partners with NVIDIA to Upskill 50,000 Developers in Africa
Gebeya, a leading Pan-African talent cloud technology company, has joined forces with NVIDIA, a global powerhouse in graphics and AI technology, to establish a network of 50,000 NVIDIA-certified developers in Africa.
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African VC Janngo Capital Closes Second Fund at $78 Million to Back African Entrepreneurs
Janngo Capital, an African venture capital firm, has successfully closed its second fund at $78 million, exceeding its initial goal of $63 million by 20%.
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Egypt’s Raya Foods Secures $40 Million Investment from Helios Investment Partners
Egyptian firm Raya Foods has secured a $40 million investment from Helios Investment Partners.
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Ghana’s Oyster Agribusiness Secures $2 Million to Drive Climate-Smart Farming Expansion
Oyster Agribusiness, a Ghana-based agri-tech firm championing climate-smart agriculture, has successfully raised $2 million in funding to scale up its operations and strengthen the resilience of the country’s agricultural sector against climate challenges.
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Google Boosts AI Training in Sub-Saharan Africa with $5.8 Million Investment
Google has announced a $5.8 million initiative to strengthen artificial intelligence (AI) training and skills development in sub-Saharan Africa.
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Twenty African Tech Ventures Set to Pitch at Angel Fair Africa in Nairobi
Twenty African tech ventures—comprising 10 startups and 10 scale-ups—are set to pitch their innovations to potential investors at the upcoming Angel Fair Africa event in Nairobi, Kenya, on November 7-8.
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Nigerian Fintech Moniepoint Becomes Africa’s 8th Unicorn After Securing $110 Million Series C Funding
British private equity firm Development Partners International (DPI) has led a $110 million investment in Nigerian fintech Moniepoint, elevating the company to unicorn status.
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SA Investment Firm Edge Growth Secures $2.1 Million to Boost South African SMEs
South African investment firm Edge Growth has successfully raised $2.1 million through the ASISA Enterprise and Supplier Development (ESD) Fund to further empower growth-stage small and medium enterprises (SMEs).
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BURN Secures $15 Million EIB Investment to Expand Clean Cooking Solutions in East Africa
Kenyan clean cooking appliance manufacturer BURN has announced a $15 million investment deal with the European Investment Bank (EIB) to support the distribution of its ECOA Electric Induction Cooker across East Africa.