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Cleantech Qotto embarks on growth plan backed by $8M funding

TechCrunch

The Off-Grid Energy Access Fund (FEI-OGEF), Cordaid, and Qotto’s existing investors also participated in the round. ” “Together, we see a great opportunity for the essential services and large Solar Home Systems offerings provided by Qotto,” said Lenoir.

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Shell-founded startup fund receives $13 million from Canadian DFI to accelerate clean energy access in Africa

TechCrunch

FinDev Canada has injected $13 million into Energy Entrepreneurs Growth Fund ( EEGF ), which invests in early and growth-stage energy startups in sub-Saharan Africa. Part of the funding will go toward increasing access to clean energy for off-grid households and businesses in the region. million mezzanine investment from the fund.

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mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

The new funding, mPharma co-founder and CEO Gregory Rockson told TechCrunch, will be used to build the startup’s data infrastructure, triple its talent pool over the next three years and support expansion plans in its current and new markets. We are transforming community pharmacies into the foundation of a modern health system in Africa.

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8 startups that leveraged products for social good, and where they’re headed in 2014

The Next Web

1) The e-commerce site where products fund projects. Launching – and funding – several crowd commerce campaigns. Launching – and funding – several crowd commerce campaigns. Similar to a Kickstarter model, these campaigns use products to fund projects. As of May 2013, w4tw was over-funded by $16,285 from a cool $25K.

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Sun King raises $260M to widen clean energy access in Africa, Asia

TechCrunch

One of the largest solar companies in Africa and Asia, Sun King , has raised $260 million in series D funding to deliver off-grid energy technologies to more people across the two continents. Its current systems can power lights, mobile phones and small home appliances like TVs. The company was founded in 2007 by T.

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Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

TechCrunch

Social enterprises like One Acre Fund, startups like Apollo Agriculture, and agribusiness giants like Flour Mills and Export Trading Group are also among Pula’s clients. “With our latest funding, now is the time to break into new ground. Co-CEOs with agricultural backgrounds. million farmers.

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Flutterwave and PayPal collaborate to allow African merchants to accept and make payments

TechCrunch

So despite having the largest payment infrastructure in Africa, we want to have arguably all the important payments systems in the world on our platform.” They include Algeria, Botswana, Egypt, Kenya, Lesotho, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles and South Africa.

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