Jiji Acquires Cars45 for an Undisclosed Amount
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Africa’s classified marketplace, Jiji, has announced its acquisition of automotive vehicle trading platform, Cars45. The acquisition was made for an undisclosed amount,…
Google Startups Launches Black Founders Funds to Help Low-income Communities
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Search engine giant, Google, has launched a US$3 million Black Founders Fund for African startups. The company also launched a US$3 million…
Cairo-based Trucking Start-up - Trella - Raises US$42m in Series A Round
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Trella, an Egyptian trucking startup, has raised $42 million in equity and debt in a Series A round. The total figure raised…
Rockefeller Foundation Partners IFC To Foster Private-Sector Investment on Renewable Energy
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The Rockefeller Foundation has announced its partnership with the International Finance Corporation (IFC). The partnership is aimed at catalysing private-sector investment in…
Kenyan-based FoodTech Start-up - Kune - Raises US$1m in Pre-seed Round
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Kenyan FoodTech startup, Kune, has announced that it has raised US$1 million in its pre-seed funding round. The start-up, which was launched…
GIG Logistics Partners Jet Motors to Provide Eco-friendly Delivery Vehicles
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GIG Logistics (GIGL) has taken the lead to become the first Nigerian logistics company to perform a switch to electric vehicles (EVs)…
Kenyan-based Retail Platform - Marketforce - Acquires Digiduka; To Provide an All-inclusive Digital Commerce Platform for African Retailers
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Kenyan-based retail distribution platform, MarketForce, has announced its acquisition of Digiduka. Digiduka is a startup focused on bringing African-based retailers into the…
South African Start-up - WhereIsMyTransport - Raises US$14.5m in Series A funding Extension
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South African-based mobility company, WhereIsMyTransport, has recorded a successful funding round of US$14.5 million in the extension phase of its series A…
Amsterdam-based Start-up - Lalaland.ai - Wins Google Black Founders Fund
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Google has selected the Amsterdam-based Lalaland.ai for the European version of its “Google for Startups Black Founders Fund.” With the fund, the…