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    Venture Capital & Funding Sources

    IFC Backs $200M Acumen Fund to Light Up Africa

    Acumen ’s Hardest-to-Reach Fund targets off-grid solar companies operating in 16 countries across Sub-Saharan Africa.

    Endeavor South Africa Raises $10.8M in First Close of Harvest Fund III, Targets African Tech Firms 

    Endeavor aims for similar outcomes with Harvest Fund III, targeting a return of 25%, or three to four times the invested capital.

    Transform Health Fund Closes at $111M, Targets More Health-Tech After Kenya’s Lapaire

    By backing businesses focused on local supply chains, innovative care delivery, and digital solutions, the fund seeks to strengthen Africa’s healthcare systems while offering risk-adjusted returns to investors.

    France’s Largest VC Firm, Bpifrance, Establishes New Base in Egypt

    In June this year, French President Emmanuel Macron announced the creation of the “Fonds Maghreb,” a €100 million fund aimed at North Africa.
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    GB Corp Retains Controlling Grip on MNT-Halan After $1.4bn Valuation Funding Round

    Despite minor dilution, the Cairo-listed conglomerate remains the anchor shareholder in the fintech unicorn as it gears up for an EGX debut.

    ‘We Aren’t Fighting Rival EVs’: Inside ARC Ride’s $33.3m Bet on Beating Petrol

    "People determine who becomes the winners in this race."

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.

    Cash Plus Buys Into Morocco’s Airport Taxi Startup Ahead of 2030 World Cup

    Moroccan airports handled a record 36 million passengers in 2025.

    Latest articles

    GB Corp Retains Controlling Grip on MNT-Halan After $1.4bn Valuation Funding Round

    Despite minor dilution, the Cairo-listed conglomerate remains the anchor shareholder in the fintech unicorn as it gears up for an EGX debut.

    ‘We Aren’t Fighting Rival EVs’: Inside ARC Ride’s $33.3m Bet on Beating Petrol

    "People determine who becomes the winners in this race."

    Kenya’s Watu Bags $7M in Nondilutive Debt to Scale Smartphone and Vehicle Financing

    AHL Venture Partners has finalized a $7 million strategic debt facility for Watu, an...

    ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund

    It will invest from Seed through Series A and retain capacity to provide follow-on funding to its strongest-performing companies.