Tag: Investment News
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EIB Global Invests €25 Million in Amethis Fund III to Empower African Businesses
The European Investment Bank’s (EIB) global development arm, EIB Global, has committed €25 million to Amethis Fund III, a pan-African private equity fund.
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San Francisco Fintech Elevate Secures $5 Million to Expand Into Africa
Elevate, a fintech company specializing in US banking services for non-resident remote workers, announced today the closing of a $5 million equity-debt pre-Series A funding round led by Negma Ventures, a Dubai-based investment firm.
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Africa’s “Y Combinator”, Accelerate Africa, Unveils First Cohort of 10 Startups
Accelerate Africa, a new accelerator program designed to propel early-stage African businesses has unveiled its inaugural cohort after four months of operation.
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Microsoft and Cyber Shujaa Partner to Train 100 Kenyans in Cybersecurity
Microsoft, through its Africa Development Centre (ADC) in Kenya, has joined forces with Cyber Shujaa to upskill 100 Kenyan students in cybersecurity.
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KPMG to Host Africa Venture Summit to Boost Private Enterprise Investment
KPMG is set to host the Africa Venture Summit, an event designed to catalyze private enterprise investment across the continent.
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LAfricaMobile Secures $4.6 Million in Series A Funding to Expand Cloud Communication Platform in Africa
LAfricaMobile, a leading provider of cloud communication and mobile marketing solutions, has secured €4.3 million in Series A funding.
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Moroccan Agritech Startup YoLa Fresh Secures $7 Million to Connect Farmers and Retailers
YoLa Fresh, a Moroccan agritech startup that connects smallholder farmers directly with traditional fruit and vegetable retailers, has secured $7 million in pre-Series A funding.
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African Development Bank, Mastercard Launch Alliance to Bridge Digital Divide in Africa
A new alliance aims to bridge the digital divide for millions in Africa.
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iHub Selects 12 EdTech Startups for Mastercard Fellowship Programme
iHub, a leading Kenyan incubator, has announced the twelve startups chosen for the second edition of the Mastercard Foundation Ed-Tech Fellowship Programme in Kenya.