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    Venture Capital & Funding Sources

    Ecosystem News

    Ventures Platform Gets $64M First Close to Move Beyond Seed Stage in Africa

    The Lagos-based VC, backed by BII, IFC and Michael Seibel, has secured the capital for its second fund and will now lead Series A rounds.
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    Ecosystem News

    Meet the Fund Manager Deploying a $1bn Zafiri War Chest for Africa’s Off-Grid Energy Startups

    The Cape Town-based firm will manage Zafiri, a new blended finance vehicle from the IFC and AfDB aiming to plug the 'missing middle' equity gap for decentralised energy companies.
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    Ecosystem News

    Lisk Launches $15M Web3 Fund Targeting Africa and LATAM, Inks First Deals in South Africa, Rwanda

    Lisk argues that founders in these regions, often forced to bootstrap their way to significant traction, are more resilient.
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    Ecosystem News

    Algebra Ventures Brings on New Investor in Rare Egyptian LP Secondary Deal

    Algebra Ventures has backed some of Egypt’s most well-known startups and invests from seed to Series B stages.
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    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access
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    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

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    Morocco’s Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation

    The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days.
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    AI-First Telcos Will Lead the Race in Africa

    Author: Kitso Lemo, Associate Director, TMT Practice at Boston Consulting Group (BCG)

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    Updates

    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access
    Partner Content

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.
    Updates

    Moroccan Proptech Agenz Bags $5m from Breega and North Africa’s Largest Bank

    The Casablanca-based proptech, which combines real estate data, agent tools, and a transaction platform, closes an oversubscribed seed round.
    Partner Content

    Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana

    Ghana's fintech sector has attracted intensifying interest from both regional and international players.

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