Business funding
-
Funding
Avenue Group Limited Get the Fund to Expand Healthcare Services in Kenya
Avenue Group Limited, a Kenyan healthcare provider, recently received an investment from the International Finance Corporation (IFC) to support its…
Read More » -
Funding
African Development Bank Group and JICA Agree to Give Africa’s Private Sector a $350M Loan
The African Development Bank and the Japan International Cooperation Agency (JICA) have signed a $350 million loan agreement to support…
Read More » -
Funding
Altech Group Raises $18m to Increase Energy Access in DRC
The Altech Group, based in the DRC, has raised US$18 million in loans and grants to keep improving its market…
Read More » -
Funding
Acwa Power’s 200mw Kom Ombo Solar Project Obtains $123M Financing Package
After signing a US$123 million financing package, ACWA Power, a prominent Saudi developer, investor, and operator of power generation, water…
Read More » -
Funding
DFS Lab and Stellar Development Foundation to Launch Africa Digital Payments Fund
DFS Lab confirmed the launch of the DFS Lab Stellar Africa Fund I, which will support high-potential builders and teams…
Read More » -
Funding
I’M IN Launches Incubator for Innovation Driven Black Women Techpreneurs
I’M IN, a program for aspiring entrepreneurs, has announced the start of its Ideation Incubator, a three-month program for women…
Read More » -
Funding
SAB Foundation Launches an Impact Fund with R88M
In order to help qualified alums of the SAB Foundation’s, South African entrepreneur programs gain access to affordable financing, the…
Read More » -
Funding
IFC to Invest Sh10.4bn in Pan-African Fund Manager
The International Finance Corporation (IFC) is planning to invest €70 million (Sh10.4 billion) in the Pan-African fund manager, Amethis Fund…
Read More » -
Funding
Kenya to Invest $37m in Last-Mile Fibre Optic Cable Connectivity
The Communications Authority of Kenya (CA) and the ICT Authority (ICTA) have signed a contract to improve last-mile fiber optic…
Read More » -
Acquisition
Autochek Buys Egyptian Venture Capital Backed AutoTager
Around ten months after entering the North African market via the purchase of Morocco’s KIFAL Auto, mobility company Autochek has…
Read More »