Zambia
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Rwandan, Zambian Energy Startups Secure Funding From Impact Investor
Rwanda’s Munyax Eco and Zambia’s WidEnergy have secured investment from female-focused fund Opens-LCEF, an impact investor that provides catalytic capital…
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Business
Farm To Market Alliance Secures More Funding From Norwegian Government
ZAMBIA – The Norwegian government is planning to invest US$17 million in the development of agricultural markets for 600,000 smallholder farmers…
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MFS Africa Partners With Xoom To Offer Mobile Money Transfers In Africa
AFRICA – MFS Africa, a pan-African fintech platform, has partnered with Xoom, a PayPal service, to offer secure and convenient mobile…
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Zambian Women-Led Startup Receives Funding
Zambian women-led energy startup, WidEnergy Africa has received an undisclosed investment from ShEquity, an investment vehicle that offers smart and sustainable investments to…
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Fintech Firm JUMO Gives US$2.5b Credit To Their Markets In Africa And Asia
AFRICA – Fintech firm JUMO, has extended over US$2.5-billion in credit in their six markets in Africa and Asia. A statement released by the company says…
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CrossBoundary Energy Raises $40M To Scale Financed Solar for Businesses In Africa
Pan African energy firm driving energy transition across the continent, CrossBoundary Energy is currently operating or delivering $57M in assets, serving 20 customers across…
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Denmark’s IFU Invests US$1.5m In Zambia’s GreenCo
ZAMBIA – Africa GreenCo Group, conjunction with its Lusaka-based operating company GreenCo Power Services (GreenCo), have announced an investment of $1.5 million by Denmark’s Investment Fund for Developing Countries (IFU)…
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Zambian Women-led Startup, Lusaka Grocery Delivery, Raises $38.5k In Pre-seed Funding Round
Zambia-based grocery delivery startup Lusaka Grocery Delivery company has raised $38.5k in pre-seed funding round to enable it scale its…
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Zambian Startup WidEnergy Secures Funding From ShEquity
Newly launched women-entrepreneurs-focused fund ShEquity has made its second investment in Zambian cleantech startup WidEnergy, after the fund recently invested in…
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ACCESS BANK TO ACQUIRE 100% OF ZAMBIA’S CAVMONT CAPITAL
Access Bank, one of the foremost Nigerian banks in Africa, has announced its intention to acquire 100% of Cavmont Capital, through…
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