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    Latest Funding

    Norfund Doubles Its $40M Investment in CrossBoundary Energy Two Years After

    In July 2022, CrossBoundary Energy announced the completion of a US$40 million equity investment from Norfund and KLP, Norway’s largest pension company.

    South African Insurtech Naked Secures $38m Funding in Africa’s Largest Sector Deal

    Founded in 2018 by former Ernst & Young executives and actuaries Alex Thomson, Sumarié Greybe, and Ernest North, Naked distinguishes itself through a fully digital, AI-driven insurance platform.

    DOB Equity Backs Water Filter Startup in Strategic Shift After Portfolio Setbacks

    Karen Serem Waithaka, who took over as CEO of DOB Equity last year, is leading the fund’s new direction.

    Novastar Ventures Backs Sistema.bio with $3M to Expand Biogas Solutions in Africa

    This marks the first investment from Novastar’s Africa People and Planet Fund III (NVIII).
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    Egyptian Venture Studio Aria Ventures Launches New Fund to Back Deep-Tech Startups

    The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages.

    Meet the 9 AI Startups Google Is Backing in Its Latest Africa Accelerator Class

    The announcement follows a rigorous selection process that began in April 2025, drawing nearly 1,500 applicants from across Africa.

    As Rivals Collapse, Nigeria’s Chowdeck Bets on Owning the Restaurant with Mira Acquisition

    The timing of Chowdeck’s vertical expansion is notable.

    Latest articles

    Egyptian Venture Studio Aria Ventures Launches New Fund to Back Deep-Tech Startups

    The investment is designed to bridge the gap between scientific research and commercial applications, providing both capital and hands-on support to startups in their formative stages.

    Meet the 9 AI Startups Google Is Backing in Its Latest Africa Accelerator Class

    The announcement follows a rigorous selection process that began in April 2025, drawing nearly 1,500 applicants from across Africa.

    TymeBank Is Now South Africa’s Third-Largest Bank — But Scaling Further May Cost More Than It Can Afford

    TymeBank is now South Africa’s third-largest bank by customer base, serving over 11 million South Africans . But a big trouble is looming.

    As Nigeria’s Economy Sinks, Its VCs Look Everywhere Else

    This week, Ingressive Capital, long considered one of the few pro-local holdouts, joined the wave.