Kenyan AgriTech Startup - Apollo - Secures US$1m Debt Funding from ABC Funds
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Apollo Agriculture, a Kenyan-based AgriTech startup, has secured US$1m in debt funding. The funding was backed by Agri-Business Capital Fund (ABC Fund)….
Nigerian Fintech Startup - FairMoney - Closes Series B Funding Round of US$42m
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Nigeria-based Fintech startup, FairMoney, has raised US$42m in Series B funding round. The startup, which aims to give under-banked people access to…
Nigerian Fintech Startup - Payhippo - Raises US$1m in Pre-seed Funding Round
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Nigerian-based financial services startup, Payhippo, announced that it has closed a US$1m pre-seed round. The funds, according to the startup, would be…
DEAL: Egyptian B2B startup raises $40m to accelerate expansion
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MaxAB, Egypt’s leading wholesale food and grocery B2B startup has raised $40 million in Series A funding. MaxAB, founded in 2018, is…
Villgro Africa Disburses US$170K to Support African Startups
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Indian-based investment firm, Villgro Africa, has disbursed US$170,000 funding to five different start-ups, in its bid to support early-stage social entrepreneurs in…
Ghanaian-based Logistics Startup - Jetstream - Raises US$3m in Seed Funding
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Ghanaian-based logistics company, Jetstream, has closed a US$3m seed funding round. The seed funding round was led by both local and international…
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…
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…
Africa-Focused VC Firm - Atlantica Ventures - Raises US$50 million for Tech Investments
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Africa-focused VC firm, Atlantica Ventures, has put together a $50 million fund. The venture capital firm plans to invest the funds in…