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Tag: Investment News
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Kenya Enters Partnership With GIZ to Develop National Artificial Intelligence (AI) Strategy
Kenya is poised to become a leader in responsible AI development in Africa, with the government partnering with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to launch a project for a National Artificial Intelligence (AI) Strategy.
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Kenyan Climate-Tech Startup SunCulture Secures $27.5 Million to Empower Smallholder Farmers
SunCulture, a Kenyan company providing solar-powered irrigation solutions and agricultural technology to smallholder farmers, has secured a significant investment of $27.5 million in a Series B funding round.
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Pan-African Fintech Kora Partners With Canada’s Panache Ventures to Help Founders Secure Funding
Canadian pre-seed venture fund Panache Ventures has joined forces with Kora, a pan-African fintech company.
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FINCA Awards $400,000 to 12 Social Entrepreneurs Battling Poverty in Africa
Twelve African entrepreneurs were celebrated for their innovative solutions to poverty during the inaugural FINCA Ventures Prize Competition.
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Pan-African Investor Renew Capital Makes Its First Ghana Move, Backs Fintech Affinity
Renew Capital, a firm specializing in impact investments across Africa, has announced its debut investment in Ghana.
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South African BPO Provider Procera Secures $18.8 Million in Funding From Vantaga Capital for Global Expansion
Johannesburg-based business process outsourcing (BPO) company Procera Group has secured R346 million (US$18.8 million) in funding from Africa-focused investment firm Vantage Capital.
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Verod-Kepple Africa Ventures Closes $60 Million Fund to Support African Startups
Verod-Kepple Africa Ventures (VKAV), a pan-African venture capital firm, has closed its first fund at $60 million.
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Pan-African Beauty Startup Zuri Secures Investment from Launch Africa Ventures
Pan-African beauty startup Zuri has secured its first institutional tech investment from Launch Africa Ventures.
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Mastercard, Women Choice Partner to Empower Female Entrepreneurs in Africa with New Programs
Mastercard and Women Choice announced the expansion of their existing partnership to further empower women entrepreneurs across Africa and the Middle East.