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OPEC Fund Invests $30 Million in Egypt’s Largest Onshore Wind Farm
World Bank Forecasts Nigeria’s GDP to Climb: 3.5% Growth in 2025, 3.7% by 2026
FARO Raises $6M to Transform Affordable Fashion and Tackle Textile Waste in Africa
United States and Nigeria Agree to Transfer $52.88M in Forfeited Corruption Proceeds for Nigerian Development Projects
Historic Milestone: Nandi-Ndaitwah Becomes Namibia’s First Female President
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STARTUPS
MoneyHash Raises $5.2M to Transform Fintech in MENA Region
South Africa’s Naked Raises $38M to Revolutionize Insurance with AI and Automation
SeamlessHR Secures $9M Series-A Extension to Power Bold African Growth
Ilara Health Secures $1 Million DFC Loan to Transform Kenya’s Healthcare Sector
South African Conservio Raises $1M to Redefine Nature-Based Travel Experiences
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PUBLIC SECTOR
OPEC Fund Invests $30 Million in Egypt’s Largest Onshore Wind Farm
DOB Equity Invests in Spouts International, a Ugandan Water Filter Company
United States and Nigeria Agree to Transfer $52.88M in Forfeited Corruption Proceeds for Nigerian Development Projects
Amazon Web Services Adopts Naira for Seamless Nigerian Transactions
Nigeria and U.S. Partner on $2Million Deal to Extend Fibre Optic Network by 90,000km
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Year:
2023
LeapFrog Investments intends to secure a $1 billion Dollar fund for the purpose of making investments in Africa.
The Africa Finance Corporation and Turk Eximbank are working together to boost trade and infrastructure investment between Africa and Turkey.
Nigeria’s government has approved a proposed loan of $1.5 billion from the World Bank
Shield Capital has successfully completed its first venture capital fund, raising a total of $186 million.
Kuramo Capital Plans to Allocate $150 million dollars to Funds Led by Women in Africa
Wave: Is there still faith in the practice of Venture capital among VCs?
Focus on Innovative Climate Technology Solutions.
Organization secures $100 million in funding to support startups founded by Latino entrepreneurs.
Startups in various regions are making a significant impact on the venture landscape
The Wyoming Business Council has revealed its venture capital investment in the company Frontline Wildfire Defense.
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