Search results for "funding"
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490InnovationYango Group Announces Strategic Investment in The Kenyan Fintech Platform Zanifu to Boost SME Growth in Africa
Yango Group, a UAE-based tech company, has announced a new investment in Zanifu, a leading Kenyan fintech platform that provides access to...
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492InnovationThe 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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411FundingKredete 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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582FundingKawiSafi 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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671FundingSouth Africa’s Fintech Startup Float Raises $2.6M(R46 million) to Scale
Four-year-old card-linked instalment platform Float has secured $2.6 million (R46 million) in funding co-led by Invenfin and SAAD Investment Holdings, with participation from all existing investors, including Platform...
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502InnovationJapanese Business to Invest $100m to Make Ghana Africa’s First Artificial Intelligence-Powered Agriculture Hub
Degas Limited has announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural...
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642InnovationPeach Payments Announces Real-Time Clearance Payouts
Leading digital payments provider Peach Payments has launched real-time clearance (RTC) payouts for all merchants on its platform in South Africa. The...
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766NewsTLcom Adds to TAPSI Pre-Seed Portfolio
TLcom Capital, the Africa-focused venture capital firm, is growing its early-stage portfolio from its dedicated $5M pre-seed fund, TAPSI [TIDE Africa Pre...
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1.0KInnovationSouth African Travel Fintech TurnStay Raises $2M to Accelerate Africa Expansion
South African travel-focused fintech TurnStay has raised $2 million (over R34 million) in a seed round led by First Circle Capital, with participation from leading...
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366InnovationSun 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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522InnovationFSD 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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607NewsWingu Africa Secures $60M to Super-Charge East Africa’s Digital Future
Wingu Africa, East Africa’s leading carrier-neutral data centre operator, has raised $60 million to fast-track its regional expansion and power the continent’s...
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677Africa Tech SummitIndustry Leaders and Investors Convene at Africa Tech Summit London to Unlock Global Capital for African Tech Ventures.
The 9th Africa Tech Summit London, taking place at the London Stock Exchange on June 6th 2025, aims to facilitate access to...
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305NewsIndustry Leaders and Investors Convene at Africa Tech Summit London to Unlock Global Capital for African Tech Ventures
The 9th Africa Tech Summit London, taking place at the London Stock Exchange on June 6th 2025, aims to facilitate access to global...
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978Newsi3 Selects 7 African Startups Transforming Pharmacy Care to Receive Up to $225K & Impact Support from the Gates Foundation, MSD & More
Investing in Innovation Africa (i3), a pan-African initiative to support African healthtech startups to commercialise and scale their offerings, has announced its 3rd...
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1.1KNewsIFC, TLG Capital Announce $75m First Close of African Private Credit Fund to Support SMEs
To support small and medium sized enterprises in Africa—and to protect jobs at those businesses—IFC and TLG Capital announced the first close...
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1.0KNewsKofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Kofa, leading technology-driven energy company and end-to-end ecosystem enabler, has closed an $8.1 million pre-Series A funding round. The investment, comprising $3.25...
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1.1KNewsPurple Elephant Ventures Secures $500K Investment from Alphatron, Bringing its Seed Round Total to $5M
Purple Elephant Ventures (PEV), a venture studio dedicated to African tourism innovation, has secured an additional $500,000 investment from Alphatron, bringing its...
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596NewsVerdant Capital Hybrid Fund Completes an Additional Investment of USD 4.5 Million in LOLC Africa
Verdant Capital is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5...
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755NewsPeach Payments Acquires West-African Payments Gateway PayDunya
Digital payments gateway Peach Payments has agreed to acquire West-African payment platform PayDunya. In the process, it enters mainland Francophone Africa for the...
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1.1KNewsDjamo Raises $17M of Equity to Double Down on Digital-First Banking Services for Users Across Francophone Africa
Djamo, a financial services app revolutionizing mobile banking in francophone Africa has secured $17 million in an equity funding round to continue...
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605NewsRaxio Secures $100M From IFC to Develop Sub-Saharan African Data Center Platform
Raxio Group, a leading Sub-Saharan African data center platform, has signed an agreement for $100 million in financing from the International Finance...
