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    Venture Capital & Funding Sources

    Novastar Closes $147m Africa Climate Fund as Japanese Corporates Pile Into VC

    The composition of Novastar's Limited Partners (LPs) for NVIII highlights an evolving trend in African VC.

    Breega Nets $8.5m From AfDB as Development Bank Ramps Up VC Appetite

    Both recent AfDB commitments were structured as first-loss tranches via the European Commission’s Boost Africa programme—a blended finance move designed to shield private capital from initial losses.

    Europe’s EIB Backs Speedinvest to Channel $230M Into African Fintech Startups

    The Vienna-based VC firm has formalised a new vehicle targeting fintech and mobile-first startups across North and Sub-Saharan Africa.

    Dutch VC Aqua-Spark Secures $48m for African Blue Economy Fund, Backed by KfW and AgriFI

    The close marks the culmination of a fundraising process that began in 2021.
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    South Africa’s Fintechs Face a Wave of New Data and Open Finance Rules — Here’s the Timeline

    Fintechs that treat this period as worth the resourcing cost are, at minimum, better positioned to anticipate the eventual rules than those that wait for a published standard to react to.

    Why Data Matters as Much as Capital in African Agricultural Finance

    Only 1% of bank lending goes to the agricultural sector in Africa —Desmond Koney, CEO of Complete Farmer, writes from Accra, Ghana.

    LemFi Acquires UK Wealth Platform Wealth8 in Push to Build Migrant Financial Hub

    London-based fintech adds investment services to remittance and credit offering after securing regulatory approval

    From Tax Bots to Farm Finance, Hyper-Local AI Is South Africa’s New Battleground

    In an ecosystem often criticised for importing foreign business models, this wave of localised AI, built on proprietary, hard-to-replicate datasets, represents a native competitive advantage.

    Latest articles

    South Africa’s Fintechs Face a Wave of New Data and Open Finance Rules — Here’s the Timeline

    Fintechs that treat this period as worth the resourcing cost are, at minimum, better positioned to anticipate the eventual rules than those that wait for a published standard to react to.

    Why Data Matters as Much as Capital in African Agricultural Finance

    Only 1% of bank lending goes to the agricultural sector in Africa —Desmond Koney, CEO of Complete Farmer, writes from Accra, Ghana.

    African Startup Deal Tracker — Newest Deals

    Here's a closer look at the notable under-the-radar investment activity we're tracking this month.

    Equity Dispute Puts OPay’s Employee Share Scheme Under Scrutiny Ahead of Potential IPO

    A Lagos labour court has dismissed a former employee's claim to shares he says were owed under a stock option scheme, in a ruling that lands weeks after OPay began preparing for a US listing.