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Tag: Investment News
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Egyptian Edtech Startup Sprints Secures $3 Million to Fuel Global Expansion
Sprints, a leading Egyptian provider of AI-powered education technology (edtech), has secured $3 million in a bridge funding round.
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Kenyan Electric Bus Startup BasiGo Secures $3 Million Funding for East Africa Expansion
BasiGo, a Kenyan electric mobility company, has secured KSh396 million ($3 million) in equity funding from CFAO Group.
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Egyptian Digital Marketplace Pharmacy Marts Secures Funding for Growth and Expansion
Pharmacy Marts, a leading digital marketplace for pharmacies in Egypt, has secured a six-figure bridge round of funding from Acasia Ventures, an early-stage venture capital firm.
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Pan-African Talent Cloud Company Gebeya Partners with O’Reilly to Upskill African Workforce
Gebeya, a leading Pan-African talent cloud company, has announced a strategic partnership with O’Reilly, a respected provider of technology and business learning solutions, to empower African professionals in the digital age.
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Nigerian Fintech LemFi Teams Up With Visa Partnership to Facilitate Cross-Border Transactions in Asia
Nigerian fintech company LemFi has signed a strategic deal with Visa’s Cross-Border Solutions division to fuel its international expansion into key markets like China, India, and Pakistan.
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Tunisian AI Startup ClusterLab Secures Pre-Seed Funding Led by Instadeep CEO
ClusterLab, a Tunisian-born artificial intelligence (AI) startup headquartered in the United Arab Emirates (UAE), has secured $600,000 in a pre-seed funding round.
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Onafriq and M-PESA Partner to Streamline Ethiopia’s Remittances
Digital payments providers Onafriq and M-PESA signed an International Money Transfer Agreement to simplify how Ethiopians abroad can send money back home.
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Kenyan Insurtech Startup mTek Secures $1.25 Million in Funding to Fuel Expansion
Kenyan insurtech startup mTek has raised $1.25 million in a funding round led by Verod-Kepple Africa Ventures and Founders Factory Africa.
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Kenyan Digital Commerce Startup Tappi Expands to Côte d’Ivoire
Tappi, a Kenyan digital commerce platform designed for micro, small, and medium-sized businesses (MSMEs), has announced its expansion into Côte d’Ivoire.