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Corporate Finance: Seed investment for off-grid financing platform
Investment company Kupanda Holdings, a joint venture between Kupanda Capital and TPG Growth, and the TPG-managed Rise Fund have announced seed investment in off-grid financing platform Nithio Holdings. Nithio aims to use geospatial data and financial expertise to develop off-grid power companies across Africa. Nithio’s sister company through Kupanda Capita, fraym, uses survey and satellite data to provide geospatial and planning products to companies operating in Africa.
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