Investments & Funding
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Kenyan retail startup MarketForce raises further funding for expansion
KENYA – Kenyan retail-tech startup MarketForce has received an additional US$100,000 in funding from the Harambeans Prosperity Fund to the US$2 million pre-Series A round…
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India supports climate resilient agriculture in Zimbabwe with US$1m contribution
ZIMBABWE – The United Nations World Food Programme (WFP) in Zimbabwe has received US$1 million from the government of India to support its efforts towards…
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Commodity trading giants Roots Commodities, Rosa Grain to build US$140 million grain terminal in Egypt
EGYPT – Two commodity trading companies have signed a contract with the Egyptian government to build an EGP 2.2 billion (US$140m) bulk grain terminal in…
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E-commerce retail startup Alerzo secures US$10m Series A round to expand geographically
NIGERIA – Alerzo, a B2B e-commerce retail startup based in Ibadan, Nigeria has announced a US$10.5 million Series A round led by New York-based Nosara…
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Kenyan milk collection center Ol Kalou Dairy ventures into processing with US$1.1m plant
KENYA – Ol Kalou Dairy, a leading milk collection dairy in Nyandarua County, Central of Kenya has commissioned a 5,000 litres-per-hour milk pasteurisation processing line.…