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FMO Supports CiGaba to Unlock Domestic Capital for Young and Growing Businesses in West Africa
CiGaba is a pioneering fund of funds designed to mobilize domestic institutional capital into private equity and private debt investments targeting young and growing businesses in Ghana and selected West African markets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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OpenAI Foundation Pledges $1 Billion in Grants to Ensure AI ‘Benefits All of Humanity’
The pledge represents a major development in OpenAI’s philanthropic activities and offers insight into how the company, which started as a nonprofit, plans to carry out its charitable mission to develop AI to benefit “all of humanity.”
- Categories
- Technology
- Region
- Global
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Airtel, SpaceX Test Starlink Mobile in Kenya
If scaled successfully, the initiative may not only improve connectivity but also unlock new economic opportunities, from mobile banking to e-commerce, particularly in rural and hard-to-reach communities.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Viewpoint: Are Tech Solutions Fixing Mobility in African Cities or Just Masking the Problem?
Ride-hailing and mobility apps do not build roads. They do not expand rail systems or redesign cities. Instead, they optimize access to what already exists.
- Categories
- Transportation
- Region
- Sub-Saharan Africa
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Press Release: Persistent Launches US $70 Million Persistent Africa Climate Venture Builder Fund and $5 Million Venture Building Facility
The launch of the Fund comes against the backdrop of Africa facing a disproportionate share of climate risk while receiving only a small fraction of global climate financing.
- Categories
- Agriculture, Energy, Investing
- Region
- Global
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Press Release: Rockefeller Foundation, Global Energy Alliance Invest More Than US $100 Million to Expand Electricity in Africa
Since The Rockefeller Foundation and the Alliance first announced their initial US$10 million commitment, their collective support has grown to more than US$100 million for Mission 300 in 23 countries to date.
- Region
- Sub-Saharan Africa
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Adenia Hits $180 Million Hard Cap at First Close for Entrepreneurial Fund, Announces First Investment
The successful first close underscores the continued appetite among global investors for disciplined, impact-oriented strategies in Africa. It also highlights the emerging theme of consolidation and institutionalization within the African private equity landscape.
- Categories
- Investing
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Analysis: Black-Box AI and Cheap Drones are Outpacing Global Rules of War
From 3D-printed drones to Anthropic’s Claude, advanced technologies are making conflict more accessible and less accountable — leaving human oversight at risk.
- Categories
- Technology
- Region
- Global
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