Tag: Investment News
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FSDAi Nyala Facility Invests $1 Million in First Circle Capital Africa Fund I
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.
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Launch Africa Ventures Unveils New Mezzanine Impact Fund
Early-stage venture capital firm Launch Africa Ventures has launched its Mezzanine Impact Fund, a new initiative aimed at providing growth capital to technology companies in Africa and the Gulf Cooperation Council (GCC) region.
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Standard Chartered and WomHub Partner to Launch Second Women in Tech Incubator
Standard Chartered Bank and WomHub have announced the launch of the second Women in Tech (WiT) Incubator Programme in South Africa.
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Applications Open for Timbuktoo HealthTech Accelerator Program Offering $100K to Transform Healthcare in Africa
Applications Open for Timbuktoo HealthTech Accelerator Program Offering $100K to Transform Healthcare in Africa
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SA’s Omnisient Raises $7.5 Million to Expand Privacy-Preserving Data Platform
South African startup Omnisient has secured $7.5 million in Series A funding to accelerate its growth and expand its privacy-preserving data collaboration platform across Africa and beyond.
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E-Motorcycle Maker Ampersand Raises $2 Million to Expand East African Electric Motorcycle Market
Rwandan electric motorcycle manufacturer Ampersand has announced a $2 million Series A extension, bringing its total funding to $21.5 million.
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Kenyan Startup Sukhiba Connect Raises $1.55 Million to Expand WhatsApp-Based Commerce
Kenyan social commerce startup, Sukhiba Connect, has secured a $1.55 million seed extension round, bolstering its efforts to expand its WhatsApp-based commerce platform across Africa and emerging markets.
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AfriLabs Welcomes 18 New Hubs, Expanding Network to 496 Across Africa
AfriLabs, the leading network of technology and innovation hubs in Africa, has announced the addition of 18 new hubs to its community.
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Fido Secures $10 Million in Series B Funding to Expand Digital Lending in Africa
Ghanaian-Ugandan fintech platform, Fido, has announced a significant boost to its operations with the successful acquisition of $10 million in Series B funding.