Search results for "development finance"
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124NewsCrossBoundary Access’ Blended Finance Model Attracts $10 Million for Mini-Grids from AfDB’s Sustainable Energy Fund for Africa (SEFA)
Africa’s first blended finance facility for mini-grids, CrossBoundary Access, announced $10 million in new funding commitments from the African Development Bank (AfDB)...
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1.8KInnovationDFS Lab & Stellar Development Foundation launch Blockchain Bootcamp for African startups
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to...
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4.4KAdvisory NewsVast opportunities for digital finance and payments in the Cloud
Africa has been the poster child for innovation and improvisation by using technology to transform financial services. Many of the founding team...
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6.5KAppsUber driver data to help finance cars in Nigeria
Uber Nigeria today announced that it is now making low-interest, used-vehicle loans available to its top-rated driver-partners using Uber driver data. This means...
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264FundingFSD Africa Investments commits $19.5 million to boost climate resilience in Africa
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, today announces new investments totalling US$19.5 million to support climate adaptation and climate-aligned infrastructure...
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361FinTechProparco invests $5 million in Egypt’s fintech sector
Proparco announced an investment in an early-stage venture capital fund managed by DisrupTech Ventures, to support development in Egypt’s fintech sector and...
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491Digital TransformationPrivate equity firm raises $296 million to drive digital inclusion across Africa
Convergence Partners, the leading private equity investor dedicated to the technology sector across sub-Saharan Africa, is proud to announce the successful closing...
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627FundingPresenting the 2022 Partech Africa Report: Resilient African Tech Ecosystem Still Growing With $6.5 Billion Raised In 2022
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report,...
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846EgyptMaxAB raises $40M to fuel growth and regional expansion
MaxAB, the food and grocery B2B e-commerce and distribution platform, serving a network of traditional retailers across Egypt and Morocco, has announced...
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591NewsAfrican fund managers come together at Oxford’s Saïd Business School to support Africa’s tech innovation boom
From 12 – 16 September 2022, the Boost Africa Technical Assistance Facility and AfricaGrow Technical Assistance Facility will host 40 leading fund...
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978Digital TransformationAfricInvest and Cathay Innovation Complete Close of €110M Venture Fund
AfricInvest, a multi-asset investment platform in Africa, and venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African...
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1.2KFinTechNigerian Fintech, Moove, secures $20 million credit from British International Investment
British International Investment (BII), the UK government’s Development Finance Institution (DFI), formerly known as CDC Group, has announced a $20 million, 4-year...
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3.7KInnovationAfrican startups can secure funding through AfCFTA Vision Challenge
African technology startups with innovative solutions to problems faced by African leaders have been invited to apply for the AfCFTA Vision Challenge,...
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3.3KEast AfricaNovastar raises $108M to invest in startups in Africa
Novastar held the final closing of Novastar Ventures Africa Fund II (NVAF II) with total commitments of $108 million. Now managing more...
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3.8KInnovationPEG Africa raises $4M debt facility to continue Senegal expansion
West Africa-based pay-as-you-go (PAYG) solar company PEG Africa has continued an impressive year of fundraising to allow it to expand its operations...
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3.2KInnovationPEG Africa raises $5m from ElectriFI to continue expansion in West Africa
PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised US$5 million from ElectriFI to continue rapid growth in existing markets....
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4.6KInnovationLeapFrog Investments new US$700M fund to invest in Africa and Asia
LeapFrog Investments recently announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its US$600mn target to reach...
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7.8KInnovationPEG Africa raises $25m to accelerate off-grid solar expansion in West Africa
PEG Africa, a West Africa-based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total...
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4.8KInnovationForget unicorn hunting and replicating Silicon Valley – this is Africa
A busy week in Cape Town last week which featured the AppsAfrica Innovation Awards, also saw over 300 active and aspiring investors...
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3.8KAdvisory NewsUnlocking opportunities in Africa – looking beyond effects of Brexit on Africa
Clearly the dust will take time to settle before the impact of Brexit on Africa and trade is more fully appreciated. However,...
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62FundingUntapped Global, Secures US$3 Million From E3 Capital to Scale its Real-Time Data Platform and Accelerate Adoption of Climate Smart Solutions in Africa
Untapped Global, a revenue-based asset financing platform, successfully secured US$3 million in seed funding led by E3 Capital. The investment from E3...
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118Cryptocurrency AfricaThe State of Web3 in Ghana
Ghana is one of the bright spots in Africa’s cryptocurrency story. The West African country has often been touted as a state...
