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Identity Company Seamfix Raises $4.5 Million in First Funding Round to Expand Outside Nigeria
Seamfix, a 17-year-old identity solutions company, has raised $4.5 million in funding from Alitheia IDF, its first institutional investor as it looks to expand its business outside Nigeria.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Landmark Summit Mobilises $2.2 Billion to Make 2024 a Turning Point for Clean Cooking Access in Africa
Close to 60 countries, as well as companies and development institutions, gathered in Paris to channel unprecedented resources towards addressing a challenge affecting huge numbers of women and children.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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American Express Sets its Sights on Expansion and Innovation in Nigeria and Beyond
The company plans to increase its presence in Africa, with a current operation in 30 countries and a goal to expand to 42 countries in the sub-Saharan region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, lending
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Press Release: Mediterrania Capital Partners Completes Exit Process from TGCC as it Approaches €1 Billion Capitalisation Milestone
Mediterrania Capital Partners (MCP), a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North and Sub-Saharan Africa, announces it has completed its exit process from TGCC, a leading construction and civil engineering company based in Morocco.
- Categories
- Investing
- Region
- North Africa & Near East
- Tags
- housing, infrastructure
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$100 Million (R1.9 billion) Investment Boon for Mobile Games, Films in South Africa
Investment company Talent10 Holdings, in collaboration with the Industrial Development Corporation (IDC), has committed over $100 million (almost R1.9 billion) to develop a new entertainment and gaming franchise in South Africa.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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India, Ghana Agree To Operationalise UPI Link Within 6 Months
The linking of Indian and Ghanaian instant payment systems will be the latest in India's expansion of UPI operations, which are already available in countries such as France, UAE, Sri Lanka and Mauritius.
- Categories
- Finance, Technology
- Region
- South Asia
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Press Release: Call for Nominations: Sixth Annual .ORG Impact Awards to Recognize Global Changemakers
Public Interest Registry (PIR), the people behind .ORG, today opened the nomination period for its sixth annual .ORG Impact Awards, an annual celebration that recognizes outstanding mission-driven individuals and organizations from the global .ORG Community for their positive contributions to society.
- Categories
- Social Enterprise
- Region
- Global
- Tags
- nonprofits
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Press Release: $425 Million Invested into the Global Off-Grid Solar Sector in 2023, a 43% Drop Versus 2022
By contrast, investment into the productive use of renewable energy doubled when compared to the previous year. The amount needed for the industry to fulfil its contribution to universal energy access by 2030 would need to be seven times higher.
- Categories
- Energy, Environment, Investing
- Region
- Global
- Tags
- off-grid energy, solar
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