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Malawi Gets $14.2 Million Grant for Financial Digitalisation
The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14,2-million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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AFEX to Open Second Round of $240 Million Funding Series to Strengthen Africa’s Agro-Processors
AFEX, Nigeria's leading commodities market player and the country's first private sector commodities exchange, has announced the reopening of its $240m (₦100bn) Asset-Backed Commercial Paper (ABCP).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Trade Hub Backs Senegalese Companies West Africa Water SA, Delta SA Seeking to Provide Clean Drinking Water
Senegal has made rapid progress over the last 10 years in expanding access to safe water and sanitation for its citizens.
- Categories
- WASH
- Region
- Sub-Saharan Africa
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Nigerian Healthtech Startup Reliance Health Raises $40 Million Led by General Atlantic
The pandemic has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelling investor interest in the sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Led by Three South African Based Entrepreneurs, Stitch Announces $21 Million Series A
API fintech company Stitch, announced a $21 million Series A funding round, led by The Spruce House Partnership.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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$56 Million From NORAD to Guarantee Renewable Energy Projects in Africa
The Norwegian Agency for Development Cooperation is providing a $56 million grant to the African Trade Insurance Agency (ATI).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Co-op Bank, IFC in Health Equipment Funding Partnership
Co-op Bank has partnered with the International Finance Corporation (IFC) to offer loans to healthcare businesses at more favourable terms.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- partnerships
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IFC Invests $10 Million in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs
IFC, a member of the World Bank Group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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