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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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Degas Limited Pledges $100 Million to Make Ghana Africa’s First AI-Powered Agricultural Hub
Degas’ platform combines AI-driven satellite monitoring and agriculture techniques. The results, according to Makiura, are drawing strong interest from Japanese investors.
- Categories
- Agriculture, Investing, Technology
- Region
- Sub-Saharan Africa
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500 Global and UNDP Launch New Innovation Programs to Boost Africa’s Ecosystem
The launch is the latest in a series of firm actions to reinforce support for the African venture ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute
54 Collective, the venture firm formerly known as Founders Factory Africa, has shut down its venture studio operations as its partnership with the Mastercard Foundation ended in legal action.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Miller Center Capital Supports Altitud to Expand Economic Opportunities for Women in Mexico
For more than a decade, Altitud has provided affordable credit to women who are starting sewing enterprises, which is often their first step toward financial independence.
- Categories
- Investing, Social Enterprise
- Region
- Global
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British International Investment Anchors CRDB Bank’s Landmark Islamic Bond to Promote Financial Inclusion in Tanzania
Tanzania’s first large-scale Islamic bond issued by a private sector institution marks a major milestone in the country’s financial landscape.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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The African Development Bank Approves a Grant of Over $5 Million to Strengthen Public-Private Partnerships in the Gambia, Guinea-Bissau, Madagascar and Togo
The project aims to strengthen the public–private partnership (PPP) environment in four countries, with the goal of catalysing private investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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African Development Fund Seeks Historic Shift to Tap Capital Markets
Currently prohibited by its charter from borrowing, the ADF aims to raise $5 billion every three years in “patient capital” to support Africa’s lowest-income economies.
- Categories
- Investing
- Region
- Sub-Saharan Africa