IFC Commits $25M to Acumen’s Fund for Expanding Energy Access in Africa
IFC commits up to $25 million to Acumen’s H2R Fund. H2R Fund aims to electrify 72 million people in Sub-Saharan Africa over ten years.
Egypt-born FlapKap raises $34 million pre-series A to scale SME financing across MENA
FlapKap raised $34 million in a pre-Series A funding round. Total funding for FlapKap has reached $37.6 million.
Egyptian Fintech MNT-Halan Secures $157.5 Million in Fresh Funding
MNT-Halan has secured $157.5 million in funding for its geographical expansion. The funding includes $40 million from the International Finance Corporation (IFC) and investments from other firms.
Egyptian Fintech MNT-Halan Raises USD 157.5 M For Expansion
MNT-Halan raised USD 157.5 M in capital, with USD 40 M from the International Finance Corporation (IFC). Other investors include Development Partners International, Lorax Capital Partners, and funds managed by Apis Partners LLP, Lunate, and GB Corp.
MNT-Halan raises $157.5 million 17 months after becoming Egypt’s first unicorn
MNT-Halan has secured $157.5 million in a new funding round led by the IFC. The startup's total funding now stands at $677.5 million over the past two years.
