Tag: Investment News
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Ninety One Secures $260 Million in First Close of Africa-Focused Credit Fund
Ninety One, a leading investment firm, has announced the first close of its third Africa and emerging markets-focused credit opportunities strategy, securing $260 million in commitments.
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Kenyan’s Hydrobox Raises $9 Million to Deliver Sustainable Power to Over 10,000 People in Kenya
Kenyan renewable energy startup Hydrobox has secured $9 million in debt funding to expand its small hydro projects, delivering affordable and reliable electricity to underserved communities in Kenya.
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IFC Approves $25 Million to Expand Off-Grid Solar Systems in Africa
The International Finance Corporation (IFC) has committed $25 million to support the expansion of off-grid solar systems in sub-Saharan Africa.
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Visa Selects 19 African Startups for Third Fintech Accelerator Cohort
Visa has announced the 19 African startups selected to participate in the third cohort of its Visa Africa Fintech Accelerator program.
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Andela and CNCF Partner to Train Over 20,000 Africans in Cloud-Native Technologies – Copy
Andela and the Cloud Native Computing Foundation (CNCF) have announced a significant collaboration to train over 20,000 African professionals in cloud-native technologies.
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Egyptian Insurtech Startup Amenli Secures $2.3 Million to Drive Growth and Innovation
Amenli, an Egyptian insurtech startup, has raised $2.3 million in funding to accelerate its growth and enhance its service offerings.
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Nigeria’s Shyft Power Solutions Acquired by UK’s SteamaCo, Gets Funding to Transform Africa’s Energy Sector
Shyft Power Solutions, a Nigerian leader in digital energy solutions known for its community-metering innovations, has been acquired by UK-based energy revenue management company SteamaCo.
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Lingawa Secures $1.1M to Revolutionize African Language Learning with Tech-Driven Approach
Lingawa, a Techstars-backed edtech startup, has announced a strategic pivot from academic tutoring to African language learning, reflecting its mission to preserve and promote native languages.
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Andela and CNCF Partner to Train Over 20,000 Africans in Cloud-Native Technologies
Andela and the Cloud Native Computing Foundation (CNCF) have announced a significant collaboration to train over 20,000 African professionals in cloud-native technologies.