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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Zanifu Raises $11.2 Million to Scale Its Inventory Financing Offering in Kenya
The fintech provides inventory credit to retailers, and the new funding will enable it to expand the solution to distributors too.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, financial inclusion, fintech, lending, MSMEs, scale, startups
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Press Release: Call for Applications: Women Entrepreneurs are Encouraged to Join IFC’s “She Wins Africa” Program
She Wins Africa will provide investment readiness training for participants and facilitate connections with potential investors through matchmaking and pitching events.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Kenya’s Ed Partners Secures $1.5 Million Debt Funding to Fund Affordable Private Schools
The funds will be utilised to offer more affordable loans to Kenyan private schools.
- Region
- Sub-Saharan Africa
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Founders Factory Africa Closes $114 Million Round to Better Serve Founders in Africa
Accelerators are the lifeblood of the African ecosystem where funding for startups is hard to come by.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Knife Capital Closes $50 Million Fund to Invest in Growth-Stage South Africa Startups
The Knife Fund III comes at a time when growth-stage capital has been hard to come by for South African startups.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, startups
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Mixi Launches $50 Million CVC to Invest in India’s Entertainment Startups
The company plans to use 30-50 billion yen ($200-350 million) for mergers and acquisitions, and capital and business partnerships globally by FY25.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Kenya’s Lipa Later Partners with Mastercard to Drive Buy Now, Pay Later Solutions in Africa
The strategic partnership with Mastercard aims to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa