Search Results: investments (334)

Yellow partners with EEGF for Series B equity round to expand clean energy and internet connectivity in Africa

Fintech startups attracted the majority of VC activity, with Saudi Arabia topping the list in terms of regional investment.

AWS announces applications open for the Femintech Innovation Challenge, a pitch competition targeted at women-led start-ups in Africa.

Peach Payments, a South African fintech, has raised USD 31 in funding from Apis Partners. The company offers a range of payment solutions and e-commerce tools.

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.

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.

Egypt’s Camel Ventures launches USD 16 million investment vehicle to finance Egypt’s fintech startups.

DP World will develop the terminal at Somaliland’s most important commercial port and will expand as demand grows.

Factor[e] Ventures, a Kenya-based VC firm has launched Delta40, a venture studio that aims to increase income and tackle climate change in Africa by building and investing in technology ventures.