Author: GAR STAFF
Shaker Group, a major manufacturer of air conditioners and home appliances, has invested in Cashew KSA, a subsidiary of Cashew, a finance and payment app.
The Africa People + Planet Fund will support cleantechs from across the continent.
Riyadh Valley Company (RVC), the investment arm of King Saud University, has announced its investment in the Total Growth Platform launched by STV.
Red Sea Wind Energy Consortium, majority owned by French multinational utility group Engie with a 35% stake, has reached a financial close for a new 500 MW Gulf of Suez wind farm in Egypt.
The Goodwell and Oxfam Novid fund will aim to address the “missing middle” of East Africa through investments in early-stage companies.
Payday plans to expand to the UK and Canada and scale its borderless payments platform with new investment.
Ivory Coast is set to join other African countries in supporting its burgeoning startup ecosystem with the launch of its Startup Act.
Egypt’s Camel Ventures launches USD 16 million investment vehicle to finance Egypt’s fintech startups.
Fez aims to lower delivery costs and provide last-mile solutions across Nigeria.
DP World will develop the terminal at Somaliland’s most important commercial port and will expand as demand grows.