Cassava Technologies Secures USD 310 Million in Funding
IT News Africa | Staff Writer - Dec 17, 2024
![](https://www.itnewsafrica.com/wp-content/uploads/2024/12/Mr-Hardy-Pemhiwa-President-and-Group-Chief-Executive-Officer-at-Cassava-Technologies.jpg)
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- Cassava closed a $90 million equity investment round.
- Participation from U.S. International Development Finance Corporation, Finnish Fund for Industrial Cooperation, and Google LLC.
- Successful reorganization to create an integrated digital solutions platform.
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Cassava Technologies' recent achievements reflect a strategic vision that not only strengthens its financial standing but also enhances its capability to address the digital divide in Africa. The involvement of prominent investors like Google LLC indicates strong market confidence in Cassava's potential, which could lead to significant advancements in the region's digital infrastructure.
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