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Tanzania to Become First Sub-Saharan African Country to Introduce the Ritz-Carlton
Tanzania is set to make history as the first Sub-Saharan African country to introduce The Ritz-Carlton brand.
- Region
- Sub-Saharan Africa
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African Development Fund Grants $60 Million Loan to Benin to Strengthen Its Economic Governance and Private Sector Development
The programme will boost the private sector's contribution to the national economy by improving the overall business environment.
- Categories
- Environment, Investing
- Region
- Sub-Saharan Africa
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Prembly Onboards IDVerse to Expand Global Identity Infrastructure and Pan-African Position
The integration of IDVerse’s identity tools into Prembly’s data infrastructure powers greater reach and automation for emerging markets to transact on a global basis.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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African Development Bank Group’s Sustainable Energy Fund for Africa Approves $10 Million Contribution to KawiSafi II Clean-Energy Fund
KawiSafi II is a $200 million venture equity fund to address investment gaps in energy transition, productivity, mobility and logistics in sub-Saharan Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Mpox Vaccines Likely Months Away Even as WHO, Africa CDC Discuss Emergency
While experts hoped the meetings would galvanise action worldwide, many obstacles remain, including limited vaccine supply, funding and competing disease outbreaks.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Mexico-Based Unicorn Stori Raises $212 Million to Promote Financial Inclusion
Stori launched its first credit card in 2020, aimed at consumers overlooked by traditional lenders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Open Access Energy Secures $750,000, Launching $1.5 Million Seed Round in South Africa
OAE’s technology offers a solution by connecting electricity generated from distributed renewable sources with unmet demand.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Egypt’s Cartona Raises $8.1 Million Even as Investors Pull back From B2B E-commerce in Africa
A common criticism had been that asset-light models would find it difficult to retain customers and compete against asset-heavy B2B e-commerce platforms.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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