Tag: Startup News
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BluePeak Private Capital Raises $156 Million to Support Growth of African Businesses
BluePeak Private Capital, a private capital firm focused on supporting the growth of scalable businesses in Africa, has reached a final close of its Private Capital Fund SCSp at $156 million.
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Egyptian Healthtech Almouneer Raises $3.6 Million to Scale Diabetes Management App
Egyptian healthtech startup Almouneer has raised $3.6 million in seed funding to develop and scale its DRU app, a platform for lifestyle and diabetes management.
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Moroccan Super-App ORA Technologies Raises $1 Million in Pre-Seed Funding
ORA Technologies, a Moroccan super-app, has raised $1 million in pre-seed funding from local private investors.
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Ghanaian PE Firm Injaro Invests $2 Million in Fintech Startup Zeepay
Injaro Investment Advisors, a Ghanaian private capital fund manager, has announced a $2 million equity investment in Zeepay Ghana Limited, a wholly Ghanaian-owned global mobile finance service (MFS) provider.
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Green Climate Fund Approves $50 Million for REPP 2 to Boost Renewable Energy in Africa
The Green Climate Fund (GCF) has approved a $50 million equity allocation to REPP 2, a new debt fund that will provide an opportunity to invest in the rapidly growing renewable energy sector in sub-Saharan Africa.
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African Agri-Food Startups Invited to Apply for THRIVE Global Accelerator Program
African agri-food startups can now apply for the THRIVE Global Accelerator Program, a 12-week program designed to support seed through Series A companies and prepare them for growth and scalability.
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Ilara Health: The Kenyan Health-Tech Bridging the Diagnostic Gap in African Healthcare
Ilara Health is an innovative healthtech startup dedicated to providing diagnostic equipment and services to small clinics and pharmacies situated on the outskirts of urban areas in Kenya.
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Kenyan Social Commerce Startup, Sukhiba Connect, Secures $1.5 Million to Expand Beyond Borders
Sukhiba Connect, a pioneering Kenyan social commerce startup, has successfully raised $1.5 million in funding to fuel its expansion ambitions beyond the country’s borders.
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Egyptian Ed-tech Startup, OBM Education, Secures Funding for Expansion
OBM Education, an Egyptian educational technology startup, has announced a substantial six-figure funding round to expand its presence in Saudi Arabia.