Tag: Investment News
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KawiSafi Fund Gets $10 Million Boost from AfDB for Climate Projects
The KawiSafi Fund is set to receive a significant boost of $10 million from the African Development Bank Group (AfDB) to support climate-focused businesses in Africa.
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South Africa’s Eastgate Shopping Centre Unveils Africa’s Largest Rooftop Solar Installation
Eastgate Shopping Centre is set to become the proud owner of Africa’s largest registered rooftop solar installation. The final phase of the project is expected to be completed by the end of the year.
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Open Access Energy Secures $750K Investment to Power South Africa’s Clean Energy Transition
Open Access Energy (OAE), a South African energy management software startup, has secured a substantial boost to its operations.
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Seven South African Startups Selected for Irish Tech Challenge
Seven promising South African tech startups have been chosen to participate in the third Irish Tech Challenge South Africa.
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South African Startup NeoNomad Launches Africa’s First Hybrid Exchange Platform
South African fintech startup, NeoNomad, has introduced Africa’s inaugural hybrid exchange platform, a groundbreaking web application designed to revolutionize financial services across the continent.
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AfriLabs Joins Forces with ITU to Boost African Tech
Fifty promising entrepreneurs from across Africa have been selected as finalists for the fifth edition of the Africa’s Business Heroes (ABH) initiative.
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Founders Factory Africa Rebrands as 54 Collective, Plans to Invest in 105 Early-Stage African Startups
South African startup accelerator, Founders Factory Africa, has undergone a significant transformation, rebranding as 54 Collective.
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Egyptian Fintech Lucky ONE Secures $3 Million to Expand Credit Platform and Regional Footprint
Lucky ONE, an Egyptian fintech specializing in consumer credit, has successfully raised $3 million in a convertible bond funding round.
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African Infrastructure Investment Managers Raise $748 Million for Fourth Pan-African Infrastructure Fund
African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, has successfully closed its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4), with a total of USD748 million raised.