Investment News Archives - Page 99 of 117

ARC Investments Backs South African Freight Platform Linebooker With $3.5 Million Funding

Oct 12, 2023

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South African freight platform Linebooker has secured $3.5 million (R67 million) in investment from ARC Investments, a leading African investment firm.

Nigeria’s ThriveAgric Partners With Heifer International to Financially Empower 125,000 Farmers

Oct 11, 2023

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in Key developments

ThriveAgric, a Nigerian agritech company, has announced a new initiative to empower 125,000 farmers across the country financially.

Koree, a Fintech Startup from Cameroon, Wins the Ecobank Fintech Challenge

Oct 11, 2023

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in Key developments

Koree, a Cameroonian fintech company, has been crowned the winner of the 2023 Ecobank Fintech Challenge.

African Startups to Get Share of Leapfrog’s $50 Million New Fund

Oct 10, 2023

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in New Investments

The International Finance Corporation (IFC), a member of the World Bank Group, has announced an investment of $50 million in a new fund by LeapFrog Investments.

Baobab Network Launches Accelerator Programme to Boost African Tech Ecosystem

Oct 10, 2023

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in Key developments

Baobab Network, a pan-African venture capital firm, has announced the launch of its Accelerator Programme for African Startups.

Google Backs 11 African Startups For Its Inaugural Africa AI First Accelerator Program

Oct 9, 2023

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in New Investments

Google has selected 11 African Startups for its inaugural Africa AI First Accelerator Program.

Women-Led South African Private Equity Firm Sanari Capital Raises $65 Million

Oct 9, 2023

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in New Investments

Sanari Capital, a leading women-led and majority black- and women-owned private equity firm in South Africa, has closed the second round of its growth fund at R1.25 billion (approximately $65 million).

Alterra Capital Partners Raises $140 Million for Africa-Focused Fund Targeting Growth Sectors

Oct 8, 2023

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in New Investments

Alterra Capital Partners, a private equity firm founded in 2020 by former Carlyle Group employees, has raised $140 million in the first closing of a $500 million fund focused on investments in Africa.