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Nigeria’s leading commodities market player, AFEX, has announced the reopening of its $240 million (₦100 billion) Asset-Backed Commercial Paper (ABCP).
In the latest development, Abuja- and Lagos-based Ventures Platform has announced the first close of its $40 million pan-African fund.
AFEX has launched a new $100 million 10-year fund to help strengthen Africa’s food security.
Ecobank Group has secured a €100 million long-term credit facility with the European Investment Bank to support & develop the growth of SMEs across Africa.
Breadfast, Egypt’s leading grocery delivery platform, has raised $26 million, the 4th largest in Egypt and one of the largest in the region so far in 2021.
The year 2021 turned into a record year for investment activity in the crypto market, with crypto startups raising a whopping $12.4 billion in funding.
Olumide Soyombo, one of the most seasoned & high-profile early-stage investors in African tech, has launched Voltron Capital.
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