Investment News Archives - Page 80 of 117

South African Car Subscription Startup Planet42 Secures $16 Million Funding

Mar 12, 2024

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South Africa car subscription startup Planet42 has secured $16 million (R300 million) in local currency debt and equity funding from Standard Bank.

Kenya to Get First-Ever Geothermal Powered Data Center in Partnership with UAE

Mar 10, 2024

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in Key developments

Kenya has signed a landmark agreement with the United Arab Emirates to develop the world’s first data center powered by geothermal energy.

Mastercard and SAVA Join Forces to Empower African SMMEs With Innovative Financial Tools

Mar 10, 2024

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in Key developments

Mastercard has partnered with Johannesburg-based fintech company SAVA to bolster financial inclusion for small and medium-sized businesses (SMMEs) in Africa.

TowerCo of Africa Uganda Secures $40 Million Investment to Expand Rural Mobile Network Coverage

Mar 10, 2024

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in New Investments

TowerCo of Africa Uganda, a telecommunications infrastructure company, has secured $40 million in long-term financing to improve mobile phone network coverage in rural areas across the East African nation.

Cassava Technologies’ Liquid C2 Partners with Google and Anthropic for Advanced Cloud Solutions in Africa

Mar 10, 2024

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in Key developments

In a move set to reshape the deep tech landscape, the International Finance Corporation (IFC) and Solcon Capital announced a strategic partnership to identify and support promising deep tech startups in South Africa.

IFC and Solcon Capital Join Forces to Fuel Deep Tech Growth in South Africa

Mar 10, 2024

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in Key developments

In a move set to reshape the deep tech landscape, the International Finance Corporation (IFC) and Solcon Capital announced a strategic partnership to identify and support promising deep tech startups in South Africa.

US-Based Firm Deel Acquires South African Payroll Startup PaySpace

Mar 10, 2024

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in Key developments

HR and payroll solutions provider Deel has announced the acquisition of PaySpace, a South African company offering similar services, in a move to strengthen its global footprint.

Villgro Africa is Looking For Female-Led African Health Startups for Growth Opportunities

Mar 8, 2024

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in New Investments

African women leading innovative healthcare startups are invited to apply for support from Villgro Africa, a healthcare-focused incubator and investor.