Tag: Investment News
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South African Fintech Startup LittleFish Secures Seed Funding Led by TLcom Capital to Empower SMEs
South African fintech startup LittleFish has successfully closed its seed investment round, with TLcom Capital leading the financing and Flourish Ventures participating as a co-investor.
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Nigeria’s Winich Farms Secures $3 Million in Pre-Series A Funding to Revolutionize Agricultural Supply Chain
Winich Farms, a Nigerian agritech startup, has announced the successful completion of a $3 million pre-Series A funding round aimed at addressing the challenges faced by smallholder farmers in Nigeria.
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Raxio Group Launches First Tier Data Centre in Ivory Coast
Raxio Group has officially launched a state-of-the-art data centre in Abidjan, Côte d’Ivoire, named Raxio Côte d’Ivoire (CIV1).
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UK-Kenya Tech Hub and PwC Launch Digital Toolkit to Support African Entrepreneurs
The UK and PwC, in collaboration with the UK-Kenya Tech Hub, have introduced a new digital toolkit designed to assist entrepreneurs in accessing markets in Kenya, Nigeria, and South Africa.
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Egypt to Launch Africa’s First Sovereign Investment Guarantee Agency with $50 Million Capital
The Central Bank of Egypt (CBE) is set to unveil a groundbreaking initiative aimed at boosting investments across the African continent.
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Ivorian Fintech Daba Finance Wins Ecobank Fintech Challenge 2024
Ecobank, a pan-African financial services group, has named Daba Finance, an Ivorian fintech company, as the Grand Winner of the 2024 Ecobank Fintech Challenge.
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Ampersand and CrossBoundary Energy Collaborate to Power Electric Motorbikes with Solar Energy in Kenya
E-mobility startup Ampersand has announced a strategic partnership with CrossBoundary Energy to provide solar-powered charging solutions for its electric two-wheeler (E2W) motorbikes in Kenya.
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Itana and Africa Finance Corporation Partner to Develop Africa’s First Digital Economic Zone
Itana and the Africa Finance Corporation (AFC) have entered into a formal partnership to develop Africa’s first digital economic zone.
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Yellow Malawi Secures $2 Million Investment to Expand Off-Grid Solar Energy Access
Yellow Malawi, a leading solar energy distribution company, has secured a $2 million investment from Acumen’s Hardest-to-Reach (H2R) initiative.