East Africa
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GFA Spotlight
Spotlight Nation: Rwanda – Land of a Thousand Hills
Rwanda is a small landlocked nation in East Africa that has made progress in recent years to position itself as…
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Funding
Oxfam Novib Partners With Goodwell Investments to Launch a EUR 20M Fund to Support SMEs in East Africa
Oxfam Novib and Goodwell Investments have announced a new EUR 20 million fund aimed at supporting early-stage growth companies in…
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News
Roam Commissions East Africa’s Largest Electric Motorcycle Production Facility
Roam has commissioned a new production facility that will allow for expanded production and have an annual capacity of 50,000 motorcycles…
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News
MENA VC Flat6Labs to Launch New Fund to Back Startups in East and West Africa
Flat6Labs is amongst the most active VCs in Africa, having invested in over a hundred startups to date, across the…
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Transportation
Uber Resumes Operations in Tanzania After 9 Months
Following the government’s regulatory changes that were enforced effectively from April 2022, the ride-hailing giant, Uber embarked on a long…
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News
Bolt Appoints New Regional Manager for East and Southern Africa
Takura Malaba has been named the new Bolt Regional Manager for East and Southern Africa, beginning on January 1st, 2023.…
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Tech
Djibouti to Build Africa’s First Active Satellite and Rocket Launch Site for $1B
Djibouti has embarked on a technological partnership with the Chinese company Hong Kong Aerospace Technology to build a $1 billion…
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Funding
Sistema.bio Secures $10m For Biogas Production In 3 Countries
For at least three years, Sistema.bio will provide its biodigesters “at affordable prices” to small and medium-sized farmers and dairymen…
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Startup Stats
Start-up Stats: Top 5 Fintech Investments in Kenya in 2021
The East African country of Kenya is the next item on our fintech investments series for 2021. Like its west…
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Funding
Retail pharmacy Goodlife Pharmacies raises US$12m from Proparco to expand its network
EAST AFRICA – Goodlife Pharmacies, healthcare and retail pharmacy chain, raised US$12 million in debt financing from Proparco, the French Development Finance Institution,…
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