East Africa
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Financial Services
Co-operative Bank and AGF sign US$6.8mn deal to boost green energy financing in Kenya
The Co-operative Bank of Kenya has signed a loan portfolio guarantee agreement with the African Guarantee Fund (AGF) for small…
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Funding
Ugandan Startup, gnuGrid, baggs $612k Seed Funding
Ugandan-based Startup gnuGrid has recently increased its seed funding round to US$612k following its pivoting from cleantech to fintech. This…
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Funding
Ethiopia’s Construction-tech startup, ConDigital, secures pre-seed funding round
ConDigital, an Ethiopian construction-tech startup, has secured an undisclosed amount in pre-seed funding to help seal its presence in Ethiopia…
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Fintech
Fintech startup Jumuisha lands seed funding round to expand operations
Jumuisha, a Kenya-based fintech startup that helps churches and non-profit organizations receive donations through multiple payment channels, has bagged an undisclosed amount…
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Fintech
Mauritian fintech startup, Finclusion, raises US$20mn to scale its operations
African fintech platform Finclusion Group has secured $20-million in a funding round with fintech debt financing provider, Lendable. The partnership…
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Renewable energy
Malawi Solar Energy Startup, Yellow, Lands US$4mn Debt Financing
Yellow, a fast-growing off-grid solar provider in Malawi, has just secured a $4mn facility from SunFunder to reach out to…
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Partnership
Mastercard Foundation and University of Rwanda announce US$55mn partnership to help enhance the development of next-generation African leaders
The Mastercard Foundation has teamed with the University of Rwanda in announcing a decades-long $55mn partnership to deliver higher education access…
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Funding
Ethiopian startup Viable Solutions secures US$200k in pre-seed capital
Viable Solutions, the startup in Ethiopia behind the EPhone super dialer software, has successfully secured $200K in pre-seed capital from Angel investors,…
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Financial Services
Kenya’s energy company, Solarise Africa, receives $5.9mn debt financing from Trine
Solarise Africa, a Kenya-based energy company that provides solar energy to commercial and industrial customers, has just secured $5.9mn debt…
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Fintech
Kenyan fintech startup, Pezesha, lands an undisclosed 7-figure seed funding for operational expansion
Kenyan fintech startup, Pezesha, which is creating an expansible lending framework for SMEs and institutions, has bagged a seven-figure seed…
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