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    Venture Capital & Funding Sources

    Ecosystem News

    Japan’s MOL Group Backs Novastar Ventures’ US$200M Fund III

    Mitsui O.S.K. Lines, Ltd. (MOL), a prominent Japanese shipping company with a legacy spanning...
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    Venture Capital & Funding Sources

    Shoprite Group Launches W23 Global, a $125M Corporate Venture Fund Targeting Early-Stage RetailTech

    Five of the world’s foremost grocery retailers have joined forces to inaugurate a groundbreaking...
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    Venture Capital & Funding Sources

    Toyota Tsusho Launches New Venture to Back African CleanTech

    In a move to spearhead renewable energy initiatives across Africa, Toyota Tsusho Corporation has...
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    Venture Capital & Funding Sources

    Morocco’s UM6P Ventures Turns to DeepTech Startups for Its Latest Funding Round

    UM6P Ventures, the investment fund associated with Mohammed VI Polytechnic University (UM6P), has unveiled...
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    Hard Talks

    ‘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.
    Updates

    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.

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    Partner Content

    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.
    Partner Content

    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

    Hard Talks

    ‘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.
    Updates

    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.
    Updates

    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.
    Ecosystem News

    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.

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