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The startup was hailed as the Google Maps of the agritech industry, with several news outlets hailing them as the future, calling their data platform the key to unlocking a new era of abundance

Since its inception in 2021, Kofa has deployed 10 charging stations, 500 Kore2 batteries, and 150 Jidi bikes in Accra.

“We were no different from any other startup. The team had to work really hard to get our startup off the ground. The idea came from talking to family members in the cement business and finding out about the inefficiency in trucking”

“We don’t see Temu’s entry as a bad thing; rather, it’s good for the industry. Since last year, we have been focusing on expanding into secondary cities and rural areas…Ultimately, when the freebies end, people will seek out the option that provides them with the best value, even if it means going offline”

CrossBoundary Energy will channel the funds into an intense expansion of its portfolio of commercial and industrial (C&I) renewable energy projects, which includes solar, wind, hybrid systems and battery storage.

Coming off the back of this success, LoftyInc launched a second funding round in 2021, with $10 million set as a target. However, it was able to raise $14.2 million, with which it broadened its geographical scope beyond Nigerian borders, spreading to South Africa, Francophone Africa, and Egypt.

Kholo Capital will turn its searchlights on investments of about $3.8 million to $10.9 million in SMEs that have demonstrated a minimum EBITDA of R25 million ($1.4 million USD).

This fact is reflected by its co-investment with Accel in Nuitee, a Moroccan AI-powered hotel booking platform, marking P1’s biggest investment till date.

Since ascending to unicorn status in 2024, the company has pulled off a series of strategic acquisition and market entries herald MNT-Halan’s plans to create a space for itself in the emerging finance industry.

Mr. Misbah’s previous tenure at Swvl saw him play an instrumental role in ensuring the company listed on Nasdaq through a Special Purpose Acquisition Company (SPAC) transaction, combined with a $4.7 million private placement, and securing sustainable finance with HSBC.