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The Bank of Industry and Bumpa to Empower 200 Youth-led MSMEs
"The collaboration, implemented under the youth and skills thematic area of the bank, aims to address the critical challenge of market access for young entrepreneurs . . . "
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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DigsConnect Founder Alexandria Procter Launches $1.4 Million Vehicle to Back African Startups
The new vehicle, named Pharos of Alexandria Ventures, is now accepting applications for a series of exclusive pitch sessions to be held in Cape Town this November.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Pyramidia Ventures Secures US $1.5 Million to Scale Agri-Tech Startups and Address Food Security Challenges in Africa
This latest funding round includes US$1.3 million in capital from the Dutch impact investor Triple Jump, alongside US$200,000 in technical assistance and business development support from the Dutch Good Growth Fund.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: Zero Tariffs Won’t Fix Ghana’s Real China Trade Problem
Ghana’s fundamental trade challenge with China, the massive imbalance between what each country sells to the other, will persist largely unchanged.
- Region
- Sub-Saharan Africa
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Swedfund Boosts Financial Access in Southern Africa With $15 Million Loan to Select Africa
The investment aims to enhance access to credit for low-income individuals who are often excluded from traditional banking systems.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Chocolate City Launches $1 Million Fund to Back Early-Stage Creative Startups in Nigeria
By offering equity investment and mentorship, the initiative aims to help young entrepreneurs scale sustainable businesses rather than rely on short-term funding.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- creative economy, scale, startups, youth
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Africa Exports to The U.S. Under Pressure As AGOA Trade Benefits Expire
The African Growth and Opportunity Act (AGOA), which had granted duty-free access to thousands of goods from 32 sub-Saharan African countries for 25 years, expired at midnight on September 30 after U.S. lawmakers failed to agree on an extension.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Lisk’s $15 Million Fund Wants to Find WEB3 Unicorns in Emerging Markets
Their ticket sizes start at $250,000 for a first cheque. About 30% of the capital is reserved for follow-on rounds, with second cheques of up to $500,000. The maximum exposure per startup is capped at $750,000.
- Categories
- Technology
- Region
- Sub-Saharan Africa