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    Venture Capital & Funding Sources

    Venture Capital & Funding Sources

    Breega Launches $75 Million Fund for Early-Stage African Startups

    Breega with offices in Lagos and Cape Town, aims to back African startups that address the continent's unique challenges and contribute to sustainable development.
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    Venture Capital & Funding Sources

    UM6P Ventures Expands Focus to Fund Pan-African Startups with Up to $700K

    UM6P Ventures, the venture capital arm of Mohammed VI Polytechnic University (UM6P), is expanding...
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    Ecosystem News

    France Launches “Fonds Maghreb,” a €100M Fund Backing Startups Expanding to North Africa

    In a landmark initiative announced by the President of the Republic, the French government...
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    Ecosystem News

    Two Years After Moroccan Buyout, EmergingTech Ventures Raising $60M Fund II to Back Local Startups

    EmergingTech Ventures, a Moroccan venture capital firm, is raising $60 million for its second...
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    Egypt’s BNPL Leader ValU Pivots to Payments as Central Bank Tightens Credit Vise

    As the Central Bank of Egypt raises risk weights and tightens bank funding rules, the country’s largest listed consumer lender is looking to fee-based revenue to protect its growth.
    Updates

    Tokyo State Lenders Back Peach Cars in $3.7M Debt Facility for East Africa Expansion

    Tokyo-based Cordia Directions secures ¥600mn in loans from government-affiliated lenders to expand its Kenyan used-car platform.

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    Airtel Africa Picks London for $245bn Mobile Money IPO but Faces Independence Test

    Rapid growth and 56.5m users make it Africa’s hottest tech float. But privately negotiated intra-group fees threaten to cloud its standalone public valuation.
    Partner Content

    1M Users in 8 Years, 9M in 6: The Smartphone Pivot Driving M-KOPA’s Hypergrowth

    The group now signs up about 10,000 new customers daily.

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    Updates

    Egypt’s BNPL Leader ValU Pivots to Payments as Central Bank Tightens Credit Vise

    As the Central Bank of Egypt raises risk weights and tightens bank funding rules, the country’s largest listed consumer lender is looking to fee-based revenue to protect its growth.
    Updates

    Tokyo State Lenders Back Peach Cars in $3.7M Debt Facility for East Africa Expansion

    Tokyo-based Cordia Directions secures ¥600mn in loans from government-affiliated lenders to expand its Kenyan used-car platform.
    Updates

    First-Time Founders Drive Nigeria’s Unicorn Boom

    Moove's $2.1bn valuation highlights the country's ability to mint billion-dollar companies without serial entrepreneurs.
    Updates

    Silverbacks Logs Massive Paper Gain as $37M Moove Bet Reaches $62M

    A Mauritius-based investment firm has made its biggest-ever bet on Africa's latest unicorn.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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