Venture Capital News in Africa
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,...
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).
AgDevCo aims to address these challenges by providing flexible, long-term capital to small and medium-sized agribusinesses in Africa.
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.
StarkWare is particularly interested in ventures that combine technical expertise with strong business acumen and plan to deploy their solutions on Starknet.
Saviu Ventures caters to tech and tech-powered businesses across the fintech, health-tech, edtech, climate tech and eCommerce sectors.
EAAIF is a blended finance channel that supports infrastructure projects through public and private debt capital. The fund provides debt products on commercial terms to projects belonging to, and operated,...
UsPlus aims to use the new capital to strengthen its balance sheet and attract further senior debt funding.
The funding is in step with Maxula Gestion's broader ambition to inject fresh life into Tunisia's sports sector through innovative ideas.
The fund has already deployed $10 million to five startups operating across eight African countries, collectively serving over 60 million people.
