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Tag: Investment News
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Mastercard Africa Growth Fund Invests $27 Million in Africa-Focused Investment Firms Chui Ventures, VestedWorld, and SME Impact Fund
The Mastercard Africa Growth Fund has announced investments in three Africa-focused investment firms: Chui Ventures, VestedWorld, and SME Impact Fund.
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London-based Fintech Verto Partners with UBA to Enhance Cross-Border Transactions in Kenya
Verto, a leading London-based fintech and payment solution provider, has announced a strategic partnership with the United Bank of Africa (UBA) to streamline cross-border transactions for Kenyan entrepreneurs, small-scale businesses, and corporations.
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Kenyan Climate-Tech Startup Amini Secures $4 Million in Seed Funding
Amini, a Kenyan climate-tech startup dedicated to bridging the environmental data gap in Africa, has secured $4 million in a seed funding round led by Salesforce Ventures and the Female Founders Fund.
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Pan-African VC Firm EchoVC Launches $2.5 Million Pre-Seed Climate-Focused Fund
EchoVC, a leading pan-African venture capital firm dedicated to empowering underrepresented founders and underserved markets, has announced the launch of its latest pre-seed fund, EchoVC Eco Pilot Fund I.
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Endeavor Kenya Launches ScaleUp Program to Support High-Growth Founders
Endeavor Kenya, a non-profit organization that supports high-impact entrepreneurs, has announced the launch of the ScaleUp Program, its inaugural cohort-based initiative for high-growth founders in East Africa.
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Saviu Ventures Secures $13 Million in First Close of Second Fund
Saviu Ventures, a leading venture capital firm dedicated to investing in promising startups across Francophone Africa, has successfully reached the first close of its second fund, Saviu II.
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South African Logistics Startup GoMetro Raises $11.4M in Series A for Global Expansion
GoMetro, a pioneering South African tech company specializing in fleet management solutions, has successfully secured $11.4 million in its Series A funding round.
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Egyptian Startup Nawah Scientific Becomes First African Entity to Receive US-FDA Accreditation for Food Analysis
Egyptian startup Nawah Scientific has become the first African entity to receive US-FDA accreditation for food analysis.
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TomorrowNow Secures $5 Million to Impact 20 Million Farmers in Africa With Weather and Climate Data Services
TomorrowNow, a non-profit organization dedicated to enhancing climate resilience in Africa, has secured an additional $5 million grant from the Bill and Melinda Gates Foundation.