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Africa’s Second-Richest Billionaire Takes Full Control of Major Private Hospital Network in $947 Million Deal
South African billionaire Johann Rupert has strengthened his grip on the country’s private healthcare industry after investment holding company Remgro completed its $947 million (R15.56 billion) acquisition of full ownership of Mediclinic Southern Africa.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Mercy Corps Ventures invests in Logidoo
Logidoo’s platform helps businesses plan, manage, and track shipments across key trade corridors.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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TLG Capital Fund Reaches $120 Million Second Close
In the year since the fund’s $75 million first close in April 2025, AGIF II has already invested in nine SMEs across seven countries and seven sectors, with debt facilities ranging from $5 million to $15 million to each company.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Namibia Draws a Line as Starlink Faces Fresh Regulatory Roadblock
Southern African nation reinforces local ownership rules, delaying Elon Musk’s satellite internet ambitions and highlighting a broader debate over foreign investment in Africa’s telecom sector.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Livelihoods Launches €150 Million Fund to Support Nature-Based Climate Projects
Over a 25-year period, the fund aims to sequester or avoid between 7 million and 10 million tons of CO₂.
- Categories
- Environment, Investing
- Region
- Global
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The AI-Powered World Cup Runs on Thousands of Data Workers
Human annotators in Brazil, Cambodia, and the Philippines are tracking every movement in the football tournament for teams, broadcasters, and the betting industry.
- Categories
- Technology
- Region
- Global
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IFC Backs CrossBoundary Access with US $10 Million Equity Investment
This investment supports the continued construction and expansion of CrossBoundary Access’s portfolio of distributed renewable energy assets, including mini-grids, battery-as-a-service (BaaS), and adjacent technologies in Sub-Saharan Africa.
- Categories
- Energy, Investing, Technology
- Region
- Sub-Saharan Africa
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WhatsApp Gets New Chief as Meta Taps India’s CRED Founder Kunal Shah and Invests $900 Million in Startup
India has emerged as a key battleground for Meta’s ambitions in business messaging and digital payments, areas seen as critical to WhatsApp’s next phase of growth.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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