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Funding Announced for African E-Commerce and Fintech Initiatives
The African Development Fund and the Smart Africa Alliance have jointly launched a US$1.5 million project to streamline digital trade and e-commerce policies across 10 African countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigerian Fintech Startup Storspay Raises $320K, Selected for Techstars NYC
Storspay has developed a decentralised retail lending infrastructure platform for the internet.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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The African Development Bank Secures $525,000 Grant to Strengthen Fintechs in Africa
The Africa Fintech Hub is an online portal that would serve as a one-stop shop for all fintech activities in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ignite Power Acquires Mwezi’s Solar Solutions Portfolio in Africa
Mwezi, a well-known distributor of solar solutions in Kenya, has been a key player in the country's solar energy sector for several years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, scale, solar
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Altech Raises $18 Million to Expand Access to Clean Energy in The DRC
DRC-based Altech Group has secured $18 million in debt financing and grants to expand its solar energy sales and distribution network.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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PepsiCo to Convert Waste into Fertiliser and Electricity in South Africa
A food waste-to-energy plant is being built at Simba Chips, PepsiCo's Johannesburg site in South Africa.
- Categories
- Agriculture, Energy, WASH
- Region
- Sub-Saharan Africa
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The World Resources Institute Mobilises $100 Million to Restore Forests in Five Countries in Africa
Committed to environmental restoration, the World Resources Institute (WRI) has just raised $100 million from the Audacious Project.
- Categories
- Environment
- Region
- Sub-Saharan Africa
- Tags
- climate change, forests
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African Development Bank Secures $350 Million Loan Deal from Japan International Cooperation Agency to Boost its Support for Private Sector Operations in Africa
The loan comes under the Enhanced Private Sector Assistance (EPSA) initiative, which is a component of Japan’s Official Development Assistance to Africa.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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