Saturday, July 27, 2024
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Funding

d.light secures USD$176 million for affordable off-grid solar in East Africa

d.light, an Off-grid solar  provider has secured a new securitization facility from African Frontier Capital  to purchase...

UAE-based startup Growdash Secures $1.8 million to accelerate its expansion into Saudi

Growdash, a UAE-based SaaS platform that specializes in restaurant marketing and operations has raised $1.8 million...

Saad Kassis Mohamed led WeCare Raises $350000 for Lab-Grown Diamonds 

WeCare, a philanthropic organization committed to driving positive change and fostering innovation in sustainable technologies has raised $350,000 dedicated...

Vantage Capital invests R346m into South Africa’s Procera Group

Vantage Capital, Africa’s mezzanine debt fund manager,  has invested  R346m into Procera Group, a  South African business...

P1 Ventures closes $35 million for its second fund to expand their operations

US-based and pan-African VC fund P1 Ventures has completed the second close of its second fund at...

Africa Finance Corporation’s Infinity Power Holdings Awarded Middle East & Africa Deal of the Year

Africa Finance Corporation (AFC) has been awarded the prestigious "Middle East & Africa Deal of the Year"...

African Development Bank Approves $150 Million For Eastern And Southern African Trade & Development Bank

African Development Bank Approves $150 Million Regional Trade Finance Unfunded Risk Participation Agreement Facility For Eastern And...

ITU secures $9 billion commitments from mobile operators to boost global connectivity

The International Telecommunications Union (ITU) has secured   $9 billion commitments  from mobile operators aimed to boost global...
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