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SMBC Invests in Novastar Ventures’ New Fund
This commitment is a clear indicator of a wider, calculated trend of Japanese corporate capital being strategically deployed into Africa’s vibrant and rapidly expanding technology startup ecosystem.
- Categories
- Investing, Technology
- Region
- Global
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Nigeria’s Koolboks Raises $11 Million to Scale Solar-Powered Refrigeration Across Africa
The company designs solar-powered refrigeration units that pair ice-battery thermal storage with IoT telemetry.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Ghana’s Complete Farmer Secures $5 Million Funding From Symbiotics to Strengthen Smallholder Farming
Swiss impact investor Symbiotics has provided a USD 5 million debt facility to Complete Farmer, the Ghanaian agritech startup focused on strengthening agricultural value chains in West Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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RMI Welcomes 18 Climate Tech Startups From Six Countries to Climate Tech Accelerator Third Derivative
Its portfolio represents 27 different countries, with over $3.7 billion raised by companies since their acceptance to Third Derivative, and over 4,400 jobs created.
- Categories
- Energy, Environment
- Region
- Global
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DEG Provides $50 Million Loan to Tanzania’s CRDB Bank to Boost Small Business Financing and Support Women and Youth Entrepreneurs
This financing will help address a significant gap in access to formal financing for small enterprises, which are vital to the Tanzanian economy.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Female-Led First Circle Capital Raises $10.9 Million for Pan-African Fintech Fund
The fund is dedicated to investing in early-stage fintech startups across Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, startups, venture capital
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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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South Africa’s Flood Raises $2.5 Million to Digitise Offline Commerce in Emerging Markets
Founded by serial entrepreneur André de Wet, Flood is a mobile-first digital commerce platform designed to power clicks-to-mortar retail in emerging markets.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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