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    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”
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    Moroccan Proptech Yakeey Gets $7M Backing from IFC to Fix ‘Opaque’ Real Estate Market

    Launched in 2023 by Karim Beqqali, a veteran of the real estate sector and founder of Yamed Group...

    Catalyst Fund Secures IFC Backing for $40M Early-Stage Africa Climate Tech Fund

    The new fund will target startups in three core areas.

    Investor Bias for Bigger Markets Is Forcing African Startups to Relocate — IFC

    Why startups are leaving home to chase capital — and what it means for emerging market innovation.

    IFC Puts $120m Into Zafiri, a Clean Energy Fund Aiming to Reach 30m Africans

    Zafiri will serve as a blended finance vehicle — meaning it uses a mix of concessional (low-cost) and commercial capital — to help de-risk investments in companies delivering DRE solutions.

    Ex-Google, AXA and MTN Execs Land $10M from IFC for Senegal’s AI Health Startup KERA

    KERA is led by a founding team with deep expertise across healthcare, telecommunications, and artificial intelligence.

    IFC Backs First Circle Capital’s $25M Bet on the Overlooked Fintech Layers in Africa

    The IFC investment comes amid growing global interest in Africa’s fintech sector.

    A $4.5tn Shake-Up: What the IFC’s Multi-Year ESG Overhaul Means for Climate Founders in Africa

    The timing of IFC’s reform push is hardly ideal. ESG investing, once the darling of asset managers and development financiers, is facing a growing global backlash .

    IFC Backs Lendable With $45M to Fuel Fintech Lending in Africa

    The new fund follows Lendable’s 2023 close of its first MSME Fintech Credit Fund at $110 million, exceeding its $100 million target.

    African Tech Fund Helios V Seeks $750m, Gains Backing from IFC and EIB

    Development finance institutions back Pan-African fund targeting digital infrastructure and fintech sectors.

    IFC Backs Ventures Platform Fund II with $6M to Support African Startups

    Africa's VC scene heats up as IFC pours investment into promising funds.

    IFC Backs Flat6Labs’ $85m Africa Seed Fund

    The Netherlands-based fund will focus on pre-seed and seed-stage investments in North, West, and East Africa.

    Lofty Alpha Secures IFC Backing for $50 Million Early-Stage Venture Fund

    Lofty Alpha Fund plans to extend its reach across the African continent while leveraging its extensive network of investors and partners.

    Latest articles

    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

    Riding Morocco’s Fintech Wave, AfricInvest Moves to Acquire Vantage Payment Systems

    A new heavy hitter is entering the Moroccan fintech landscape, in what feels like the next chapter after local fintech Cash Plus went on a highly successful IPO last year.

    Death by Paperwork: How African Governments Quietly Became Their Startups’ Biggest Risk

    How regulation - once an afterthought in Africa's startup boom - quietly became the continent's most powerful market force. And what happens when it arrives too late, too fast, and all at once.