Notable African investments in 2024 included a $5 million loan to Apollo Agriculture, an agri-fintech company operating in Kenya and Zambia, aimed at bolstering food security for smallholder farmers.
Founded in 2022, Sumet leverages a technology-driven platform to connect FMCG brands with a network of over 6,500 active retailers spanning all 26 provinces of mainland Tanzania.
The pan-African VC firm takes on an investment advisory role for the Botswana Tech Fund, which is targeting Southern Africa's undercapitalised digital economy