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Tag: Investment News
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Kenyan Agritech Startup Twiga Secures Funding Amidst Workforce Restructuring
Twiga Foods, a Kenyan agritech startup that connects farmers to food vendors, has secured an undisclosed amount of funding from a group of investors, including Creadev and Juven.
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Aquarech Secures $1.7 Million to Empower Kenyan Fish Farmers
Aquarech, a Kenyan fish farming startup, has announced a successful $1.7 million equity funding round that will fuel its mission to empower small-scale fish farmers in Kenya.
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Vodacom Launches Groundbreaking Digital Solutions to Revolutionize Public Healthcare in South Africa
Vodacom, in collaboration with the Free State Department of Health, has introduced digital health solutions to enhance medical care in public hospitals across the province.
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Egyptian E-Commerce Platform WayUp Sports Secures Seed Funding for Regional Expansion
WayUp Sports, an Egyptian e-commerce platform specializing in performance-based sports gear, has secured a seed round of funding to fuel its regional expansion, launch a private brand, and enhance user experience across its application and website.
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South African Agritech Startup Khula! Secures Investment from PepsiCo Fund to Empower Farmers
Khula, a South African agritech startup dedicated to empowering farmers through a digital platform, has secured an undisclosed investment from a PepsiCo fund.
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Cameroonian Health Startup Waspito Secures $2.5 Million Seed Extension to Expand Telemedicine Services
Waspito, a Cameroonian health startup pioneering telemedicine services, has successfully raised a $2.5 million seed extension in a funding round led by DP World.
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Nigerian Fintech FrontEdge Secures $10 Million to Boost African Cross-Border Trade
FrontEdge, a Nigerian fintech startup based in Lagos, has successfully raised $10 million in a seed round of funding, with over 70% of the capital contributed through debt financing.
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Germany Pledges Support to Boost Green Energy Efforts in Africa
In a significant move to support Africa’s transition to green energy, Germany has committed to investing 4 billion euros (approximately $4.37 billion) in renewable energy projects across the continent by 2030.
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South African Fintech Firm Payment24 Acquires Inergy 24 to Expand European Footprint
South Africa-based Payment24, a global provider of payment and loyalty solutions, has acquired Switzerland-headquartered Inergy 24 to accelerate its expansion into the European market.