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Historic Milestone: Nandi-Ndaitwah Becomes Namibia’s First Female President
Apple Pledges $1 Billion to Overcome iPhone 16 Ban in Indonesia
SIFEM Invests $15M in Africa’s Thriving Credit Market with Ninety One’s Opportunities Fund 3
SPE Capital Injects $35M into Morocco’s Dislog Group to Drive Consumer Goods Expansion
Holcim Exits Nigeria with $1 Billion Deal: Sells 84% Lafarge Africa Stake to Huaxin Cement
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STARTUPS
Apple Pledges $1 Billion to Overcome iPhone 16 Ban in Indonesia
SIFEM Invests $15M in Africa’s Thriving Credit Market with Ninety One’s Opportunities Fund 3
SPE Capital Injects $35M into Morocco’s Dislog Group to Drive Consumer Goods Expansion
M-KOPA Eyes $400M Revenue Milestone, Cementing Leadership in Africa’s Pay-As-You-Go Fintech Revolution
Breega Unveils $75M Fund to Support African Startups, Highlighting Vast Opportunities
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PUBLIC SECTOR
Holcim Exits Nigeria with $1 Billion Deal: Sells 84% Lafarge Africa Stake to Huaxin Cement
Dr. Ngozi Okonjo-Iweala Secures Historic Second Term as WTO Director-General
MTN Nigeria’s $120M 5G rollout sets a new benchmark for internet speeds in West and Central Africa!
Ninety One Raises $260 Million in Initial Close for Africa and Emerging Markets Credit Fund
PepsiCo Commits R746 Million to Expand Operations in South Africa
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Year:
2023
Saviu Ventures, a venture capital firm with a focus on Francophone Africa, successfully secures the first closing of its second fund, reaching a milestone of $13 million.
EchoVC secures $2.5 million in funding for the purpose of supporting environmentally conscious startup ventures.
NXTP has successfully concluded its largest fund, securing $98 million to support early-stage B2B founders in Latin America.
Failup Ventures, a venture capital firm based in Finland, has successfully secured €30 million in the initial closing of its new early-stage fund.
TomorrowNow has successfully secured a $5 million grant from the Bill and Melinda Gates Foundation to enhance weather and climate data services in Africa.
Saviu Ventures successfully raises €12 million for its second fund, with a focus on supporting startups in Francophone Africa.
Cedar Crest College is actively addressing the gender gap in STEM fields with the support of a $750,000 NASA grant.
Africa’s inaugural billionaire, Patrice Motsepe, has generously donated $1 million to Wits University to support innovation.
January to October 2023, UK startups garnered $12 billion in venture capital funding, according to GlobalData’s findings.
Germany has committed to investing €4 billion in green energy initiatives across Africa.
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