Investment News Archives - Page 98 of 141

Mastercard Foundation Launches Agribusiness Challenge to Empower SMEs in Africa

Apr 14, 2024

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The Mastercard Foundation Fund for Resilience and Prosperity is offering a new opportunity for SMEs in the agricultural sector across Sub-Saharan Africa.

Kenya Enters Partnership With GIZ to Develop National Artificial Intelligence (AI) Strategy

Apr 14, 2024

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in Key developments

Kenya is poised to become a leader in responsible AI development in Africa, with the government partnering with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to launch a project for a National Artificial Intelligence (AI) Strategy.

Kenyan Climate-Tech Startup SunCulture Secures $27.5 Million to Empower Smallholder Farmers

Apr 14, 2024

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in New Investments

SunCulture, a Kenyan company providing solar-powered irrigation solutions and agricultural technology to smallholder farmers, has secured a significant investment of $27.5 million in a Series B funding round.

Pan-African Fintech Kora Partners With Canada’s Panache Ventures to Help Founders Secure Funding

Apr 14, 2024

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in Key developments

Canadian pre-seed venture fund Panache Ventures has joined forces with Kora, a pan-African fintech company.

FINCA Awards $400,000 to 12 Social Entrepreneurs Battling Poverty in Africa

Apr 10, 2024

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in New Investments

Twelve African entrepreneurs were celebrated for their innovative solutions to poverty during the inaugural FINCA Ventures Prize Competition.

Pan-African Investor Renew Capital Makes Its First Ghana Move, Backs Fintech Affinity

Apr 10, 2024

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in New Investments

Renew Capital, a firm specializing in impact investments across Africa, has announced its debut investment in Ghana.

South African BPO Provider Procera Secures $18.8 Million in Funding From Vantaga Capital for Global Expansion

Apr 10, 2024

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in New Investments

Johannesburg-based business process outsourcing (BPO) company Procera Group has secured R346 million (US$18.8 million) in funding from Africa-focused investment firm Vantage Capital.