Tag: Investment News
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Luxembourg InsurTech Startup Ibisa Secures $3 Million for Climate Insurance Expansion in Africa
Luxembourg-based climate insurance innovator Ibisa has secured $3 million in funding to accelerate its expansion in Africa and Asia.
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Huawei Expands Sub-Saharan Africa Initiative to Upskill an Additional 150,000 in ICT
Huawei announced a significant expansion of its digital skills training program in Sub-Saharan Africa.
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Telecom Egypt and 4iG Group Partner to Build $600 Million Modern Fiber Network in Egypt
Telecom Egypt, the leading telecom operator in Egypt, and 4iG Group, a prominent Hungarian IT and telecommunications group, have signed a Memorandum of Understanding (MoU) to establish a joint venture (JV) focused on building a state-of-the-art fiber network.
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Top 25 African Countries With the Highest Population: Exploring Growth Rates, Age Distribution, and Fertility Trends
Africa, the second-largest continent in the world, is home to a diverse array of countries with varied demographics, cultures, and socio-economic landscapes.
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Norfund Commits $20 Million to Boost Fintech Growth in Emerging Markets
Norfund, a Norwegian investment management company focused on developing markets, announced a $20 million commitment to the Apis Growth Markets Fund III.
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Egyptian Edtech Startup El Kheta Secures $400,000 in Funding From EdVentures
El Kheta, an Egyptian online learning platform, has secured a significant investment of US$400,000 from EdVentures, Nahdet Misr Group’s venture capital arm.
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South Africa’s TymeBank Secures $77.8 Million in Pre-Series C Funding From Norrsken22 and Blue Earth Capital
South African digital banking leader TymeBank has secured $77.8 million in a pre-Series C funding round.
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Senegal and Global Green Growth Institute Partner to Enhance Urban Mobility
Senegal’s transportation authority, the Executive Council for Sustainable Urban Transport (Cetud), and the Global Green Growth Institute (GGGI) have joined forces to optimize urban mobility in Dakar and other Senegalese cities.
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Africa50 Pledges $100 Million to Boost Renewable Energy in Africa Through IRENA Initiative
The International Renewable Energy Agency (IRENA) has welcomed Africa50, a pan-African infrastructure and investment group, as a new partner in its Energy Transition Accelerator Financing (ETAF) platform.