#DEALSTREET; HelpMum secures US$250,000 grant, 5 Quarters Raises Seed Round, Estate Intel announces pre-seed round

HelpMum secures US$250,000 grant to improve immunisation outcomes in Nigeria NIGERIA – Healthcare social enterprise, HelpMum, has received a US$250,000 grant from the Patrick J. McGovern Foundation to facilitate the administration of vaccines in Nigeria. According to Abiodun Adereni, HelpMum’s founder, the funding will be used to deploy its artificial intelligence product — ADVISER — which was developed in partnership…

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Bboxx and Unilever partner with Sunlight to bring clean energy to Kenyan households

KENYA – Bboxx, a platform providing access to essential products and services, and Unilever, one of the largest consumer goods companies, have partnered through Sunlight, a leading detergent brand, to accelerate the provision of clean energy access for households across Kenya. Despite significant efforts, nearly 40% of the rural population in Kenya doesn’t have access to electricity. Access to clean…

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Janngo Capital Startup Fund reaches the first close of its US$59m new fund

AFRICA – Janngo Capital Startup Fund (JCSF), a venture capital fund managed by Janngo, has announced its first close at €34 million (US$33.98m) in capital commitments, to invest 50% of its proceeds in companies founded, co-founded, or benefiting women. Backed by global financial institutions as well as leading private corporations, the fund management company plans to invest €60 million (US$59.96m)…

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Automotive manufacturer Stellantis invests in Africar Group to launch its services in Ivory Coast

IVORY COAST – Stellantis, a multinational automotive manufacturing corporation, has invested in the Africar Group, the first automotive marketplace in Africa, to launch Auto24 activities in Abidjan, Ivory Coast. Auto24 is a direct-to-consumer used car company that brings solutions to help ensure transactions are conducted in a transparent and secure way. With the African population set to reach 1.7 billion…

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Fintech platform Kippa raises US$8.4m to expand its offerings to Nigerian SMEs

NIGERIA – Kippa, a financial management and payments platform for small businesses, has announced that it has raised US$8.4 million in a new financing round. This fundraise brings the total fundraised by Kippa to US$11 million. In the oversubscribed round, Kippa welcomed global investors, including Goodwater Capital, TEN13 VC, Rocketship VC, Saison Capital (the venture arm of Credit Saison), Crestone…

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