Search results for "development"
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340FundingVentures Platform Secures $64M First Close for Fund II to Power Africa’s Next Tech Wave
Ventures Platform, Africa’s leading seed-stage fund, has announced the $64 million first close of its second fund, VP Pan-African fund II, aimed...
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639InnovationAfricInvest Fund IV invests in Arrow Holding to Accelerate HR Technology Across Africa
AfricInvest has taken a significant minority stake in Arrow Holding, a regional HR technology and staffing group operating through several subsidiaries across Africa...
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632GhanaGhana’s DACF and Singapore’s EFGH Launch Joint Venture to Build Africa’s First Finternet
Ghana’s District Assemblies Common Fund (DACF) and Singapore’s Embed Financial Group Holdings (EFGH) have announced a joint venture to create Africa’s first...
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633InnovationCommercial International Bank, talabat, and Mastercard to Launch a new Credit Card Tailored to the Digital Generation in Egypt
Commercial International Bank (CIB), Egypt’s leading private sector bank, has partnered with talabat, the region’s leading online delivery platform, to launch the...
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597FundingCassava Technologies Secures Investment to Accelerate Growth
Cassava Technologies (Cassava), a global technology leader of African heritage, announced that it has received an investment from NVIDIA. According to Hardy...
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316FundingMoniepoint Announces Successful Completion of US$200 Million Series C Round to Power Financial Inclusion
Moniepoint Inc. (“Moniepoint” or the “Company”), Africa’s all-in-one financial platform for businesses and their customers, announces it has raised over US$200 million...
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387FundingSpiro Raises $100 Million in Africa’s Largest-Ever Investment in Electric Mobility
Spiro, the African leader in two-wheel transportation and battery swapping, today announced a landmark $100 million investment round, the largest investment in...
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448InnovationJubaili Bros Nigeria, EV24.africa, and illigo Establish a Partnership to Offer Fully Integrated Renewable Energy and Mobility Solutions to Power Nigeria’s Sustainable Electric Future
In a major boost for Nigeria’s sustainable transportation goals, industry technology leaders Jubaili Bros, EV24.africa, and illigo have announced a strategic alliance...
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806InnovationThe Spark Accelerator Program Unveils the Second Cohort to Drive Innovation and Scale in Africa
Safaricom announced the selection of 10 startups as finalists for the second cohort of the Spark Accelerator Program, chosen from a competitive...
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622InnovationAmazon, Emirates Islamic, and Mastercard to Introduce Region’s First Amazon Credit Card with Exclusive Savings and Lifestyle Benefits for UAE Customers
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and...
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559FundingKredete Raises a $22M Series A round to Expand Credit-building Infrastructure with Stablecoin Transfers to Africa
Kredete, a Fintech company focused on helping African immigrants build credit and access financial services has raised a $22 million Series A...
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703FundingKawiSafi Announces $90 million in Approved Capital to Accelerate Climate Solutions Across Africa
Acumen has launched its second KawiSafi fund focused on accelerating climate solutions in Africa, with $90 million in approved capital, including $40...
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572FundingFinnfund Closes a $4 million Debt Investment with Kenyan Poa Internet to Expand Affordable Broadband
Finnfund closed a 4 million US dollar debt investment with Poa Internet Kenya Ltd. (“Poa Internet”), a Kenyan internet service provider, to...
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808InnovationChowdeck Raises $9 Million Series A Funding to Launch Quick Commerce and Accelerate Expansion Across Nigeria and Ghana
Chowdeck, Africa’s leading on-demand delivery platform, has raised $9 million in Series A funding to expand into more cities across Nigeria and...
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665InnovationAI in Africa to Top $16.5B by 2030: Mastercard Explores Path for Continued Digital Transformation
Mastercard has today released its latest whitepaper, Harnessing the transformative power of AI in Africa, a pan-African study of the continent’s readiness, opportunity...
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820InnovationAirtel Africa Foundation Launches Tech For Her Program to Upskill African Women
Airtel Africa Foundation, the philanthropic arm of Airtel Africa plc, today announced the launch of its ‘Tech For Her’ Program’, targeting young women across...
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979InnovationPaymentology Launches PayoCard to Expand Mobile-First Access to Card Services Across South Africa
Paymentology, the leading global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital banks and fintechs in South...
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502InnovationSun King Secures $156M to Expand Clean Energy for 1.4M Kenyan Homes
Sun King, the world’s largest off-grid solar energy company, has closed a landmark $156 million (KES 20.1 billion) securitisation to scale affordable...
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647InnovationAbsa and Visa Extend Strategic Partnership to Advance Growth and Innovation Across Africa
Absa and Visa have renewed their strategic partnership to accelerate the development of innovative, inclusive, secure, and digitally enabled financial payment ecosystems...
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1.1KEgyptTactful AI Founders Reacquire Company as it Enters New Growth Phase
Tactful AI, the Egypt-born startup specializing in AI-powered customer experience solutions, has announced a new chapter in its journey after its founders,...
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628InnovationFSD Africa Invests US$2.5M in Blue Carbon Project in West Africa
Africa Investments (FSDAi), the UK-backed specialist development finance investor, is investing US$2.5 million into West Africa Blue (“Blue”)’s blue carbon project...
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683NewsEuropean Union-Funded AgriFI Invests € 2.2M in Complete Farmer to Drive Ghana’s Innovation in Agritech
The European Union-funded AgriFI facility, managed by EDFI Management Company, is investing € 2.2 million ($ 2.5 million) in Complete Farmer (CF), a...
