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Tag: Investment News
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FMO Injects $10 Million into REGMIFA to Boost Sub-Saharan African SMEs
Dutch development finance institution FMO has announced a $10 million investment in the Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA).
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Nigerian Startups Sycamore, Kunda Kids and PaveHQ Feted at NSIA Innovation Prize
Fintech startup, Sycamore, has emerged as the grand winner of the second edition of the Nigeria Sovereign Investment Authority (NSIA) Prize for Innovation, securing a $100,000 prize.
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IXAfrica and Schneider Electric Partner to Launch Kenya’s Largest Data Center
IXAfrica Data Centres and Schneider Electric have unveiled a new hyper-scale data center in Kenya.
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South African Clean-Tech Startup Plentify Secures Oversubscribed Funding to Expand Smart Energy Solutions
South African climate-tech startup, Plentify, has successfully concluded an oversubscribed funding round, securing investment from prominent African and North American venture capitalists.
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MNT-Halan Raises $157.5 Million Months After Becoming Egypt’s First Unicorn
Egyptian fintech company MNT-Halan has successfully raised $157.5 million in new funding to accelerate its expansion beyond its home market.
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SA Healthtech RecoMed and Discovery Vitality Partner to Simplify Flu Vaccinations
South African e-health startup RecoMed has joined forces with Discovery Vitality to streamline the booking process for flu vaccinations and Vitality Health Checks.
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Logidoo Secures Grant to Revolutionize African Logistics with AI
Logidoo, a Pan-African logistics startup, has received a $50,000 grant from the International Development Research Centre (IDRC).
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6 African Fintech Firms Make CNBC’s List of Top 250 Fintech Companies For 2024
Six African fintech companies have been featured on CNBC’s prestigious list of the world’s top 250 fintech companies for 2024.
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Digital Payments Platform TerraPay Secures $95 Million to Boost African Remittances
TerraPay, a digital payments platform focused on Africa, has announced a $95 million debt financing round to accelerate low-cost remittance transactions across the continent.