Through its business units, including Liquid Intelligent Technologies, Africa Data Centres, and Sasai Fintech, the company delivers digital infrastructure and services across Africa, the Middle East, and beyond.
Acting as an anchor investor, VCTF’s participation helps de-risk the fund for private investors and sets the stage for additional capital inflows from institutional and impact-driven investors.
The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.
Through partnerships with organizations like VISA, Konnect is working to extend secure payment services to previously excluded segments of the population.
Equator Africa Fund, a climate-focused investment vehicle, concentrates on three key sectors critical to the continent’s climate transition: energy, agriculture, and mobility.
Mokhtar, who played a key role in the establishment of Algebra Ventures, has now transitioned into the fintech sector with the goal of revolutionizing SME financing.
A Toyota-backed fund, an Abu Dhabi sovereign investor and a Hong Kong merchant bank sat at the centre of August's largest African-linked funding round. None of them was there by accident.