Daily Digest, Friday 22 October 2021
Funding In West Africa
Sanergy, A Kenyan Waste Management Company, Has Raised $2.5 Million In Funding
Sanergy, a waste management company based in Kenya, has received a $2.5 million funding from the Japan International Cooperation Agency (JICA). Read More
Nigerian Fintech Brass Secures $1.7mn Financing Round
Brass, a Nigerian digital bank delivering easy access to affordable premium banking services for small and medium-sized businesses (SMEs), has today secured $1.7mn in funding to address the heavily underserved banking needs of local entrepreneurs, traders and fast-growing businesses. Read more
Tala, A Kenyan Fintech Company, Has Raised $145 Million In A Series E Round Of Funding
Tala, a fintech company, announced that it has raised USD 145 million in a Series E funding round led by Upstart and with participation from Stellar Development Foundation. Read More
Funding In Southern Africa
ESWATINI: @Frazium To Invest $115 Million For 100 MWp Solar Power Plant With Storage
Frazium Energy, a subsidiary of Frazer Solar, has signed a 40-year agreement with the Eswatini authorities to build a solar power plant with storage in the centre of the kingdom. The project will require an investment of $115 million. Read More
Funding In Africa
UK’s CDC Group & DP World Plan To Invest $1.72Bn In African Ports
Emirati multinational logistics company, DP World and the UK government’s CDC Group have joined forces to expand African ports, with plans to invest around $1.72 billion in the next several years. Read More