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    Latest Funding

    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).

    LemFi, Led by OPay Alumni, Raises $53M in Series B to Tap into Booming Remittance Market

    LemFi has achieved significant milestones, including processing over $1 billion in monthly payment volume and recording $2 billion in annual transaction volume in 2023.

    Following TymeBank’s acquisition of Retail Capital, FutureGrowth Invests $8.3M in Rival Sourcefin

    Sourcefin, a South African fintech company specializing in alternative funding for small and medium-sized...

    Tyme Group Becomes Africa’s Latest Unicorn After $250 Million Funding Round

    The funding round attracted global heavyweights, including a $150 million investment from Nu Holdings Ltd., Latin America’s largest financial institution.
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    Europe’s Investors Rally Behind New Push to Fund Africa’s AI Startups

    While African startups are navigating a tightening global venture capital climate, early-stage funding — particularly at the pre-seed level — remains highly fragmented.

    The Person Who Put You in the Room 

    by Sakhile Mkwanazi, Coach at Grow Coaching

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check

    The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.

    Latest articles

    Europe’s Investors Rally Behind New Push to Fund Africa’s AI Startups

    While African startups are navigating a tightening global venture capital climate, early-stage funding — particularly at the pre-seed level — remains highly fragmented.

    The Person Who Put You in the Room 

    by Sakhile Mkwanazi, Coach at Grow Coaching

    Meet the 9 VCs Tasked With Deploying Morocco’s New $270m Startup War Chest

    The shortlist, culled from 47 applications, relies heavily on international operational experience.

    GIP Secures $20m as Ghanaian Pension Funds Ditch Government Debt for Private Equity

    A decisive policy shift in Accra is forcing domestic pension schemes to look past government securities, creating a sudden liquidity pool for private market intermediaries.