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FinDev Canada Invests $13 Million in Energy Entrepreneur Growth Fund for Clean Energy Access in Africa
Canadian investor FinDev Canada is providing $13 million to the Energy Entrepreneur Growth Fund (EEGF). This funding will be reinvested in early-stage electricity access providers operating in sub-Saharan Africa.
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- energy access
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Clean Energy Firm Husk Signs UN Energy Compact as it Begins Solar Mini-Grid Expansion in Nigeria, Rest of Africa
Husk Power Systems, a clean energy company that has been at the forefront of fueling rural electrification since 2008, is planning to launch 500 solar mini-grids in Nigeria over the next five years.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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TLcom Capital Raises $70 Million to Back African Tech Startups
TLcom Capital, a venture capital firm, says it has secured $70 million for its $150 million funding to invest in African tech-enabled businesses.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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The Beyond the Grid Fund for Africa Signs Its First Projects in Liberia
The two first agreements under the EUR 108 million facility have been signed with companies promoting energy access for low-income customers in the rural areas of Liberia.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Rapper Nas joins Google in $20 Million Investment for African Gaming Company
The Grammy Award winning hip-hop star has now joined Google in Investing in Carry1st, an African mobile game publisher.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan E-Commerce Company Copia Global Raises $50 Million to Ramp up African Expansion
Kenyan B2C e-commerce company Copia Global has raised $50 million in a Series C equity round led by Goodwell Investments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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Ghanaian Fintech Float Raises $17 Million Seed to Power Cash Flow for Commerce in Africa
The fintech which provides credit lines for businesses has raised $17 million, funding that it will be using to bolster its offerings and expand geographically.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech
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Nigerian Fintech Startup Pivo Raises Funding from Microtraction
Nigerian startup Pivo, a credit-focused financial services company for SME players in the supply chain, has raised an undisclosed amount of funding from early-stage VC firm Microtraction.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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