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    Venture Capital & Funding Sources

    Morocco ’s $4.1 Billion Mohammed VI Investment Fund Seeks Fund Managers for Debut Startup Funds

    The Mohammed VI Investment Fund (FM6I) has announced its call for expression of interest...

    DFS Lab is Backing African Startups, Thanks to a Partnership with Stellar Development Foundation

    DFS Lab and the Stellar Development Foundation have initiated the DFS Lab Stellar Africa...

    Verod-Kepple Africa Ventures is Looking Towards Angola, Zambia, DRC, and Tunisia for Its New $60M Fund

    Verod-Kepple Africa Ventures, a pan-African venture capital firm, has recently closed a $60 million...

    Verod-Kepple Africa Ventures’ Latest $60M Fund is Focusing on Growth Stage Startups

    Verod-Kepple Africa Ventures (VKAV) has concluded its first fund, totaling an impressive $60 million,...
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    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    Western Union and Cassava’s Sasai Target South Africa’s $1bn Outbound Remittance Market

    While the narrative around African remittances often focuses on inflows from Europe and the US, South Africa presents a lucrative inverse opportunity.

    SolarAfrica Buys Out Its Own Backer in $39m Secondary

    The CESA buyout comes as SolarAfrica is simultaneously executing a broader transition in its business model 

    Latest articles

    ‘Stay in It’: How Over 200 Interviews and a LinkedIn Post Led to a $2.35M Seed Round for Orca

    The startup’s latest raise marks a landmark achievement as one of the largest seed rounds ever secured by an all-female founding team in Africa.

    South African Anti-Fraud Startup Orca Secures $2.35M Seed Round to Protect Emerging Market Payment Rails

    The round was led by pan-African venture capital firm Norrsken22, which previously anchored the company’s $550,000 pre-seed round in early 2024.

    European VC Newion Leads $2.1M Seed Round for SA Fintech NjiaPay

    The Amsterdam and South Africa-based startup, spun out of communications app Talk360, is bringing European-style payment orchestration to the African mid-market.

    Algerian Super-App Yassir Buys Uno Hypermarkets to Fill the Jumia-Shaped Hole

    The rumoured unicorn is capitalising on Jumia's recent market exit by merging its digital ecosystem with a brick-and-mortar footprint.