More
    HomeEcosystem NewsVenture Capital & Funding Sources

    Venture Capital & Funding Sources

    European DFIs Back $80 Million Pan-African Private Credit Fund 

    Africa’s mid-market businesses — often too large for microfinance but too small or risky for traditional bank lending — face an estimated $330 billion annual financing shortfall, according to the African Development Bank.

    Backed by Senegal’s Sovereign Wealth Fund, Teranga Capital’s New Fund Looks Beyond Dakar

    The decision to widen its geographic reach comes amid growing appetite for risk capital in West Africa’s underserved frontier markets.

    IFC Backs Lendable With $45M to Fuel Fintech Lending in Africa

    The new fund follows Lendable’s 2023 close of its first MSME Fintech Credit Fund at $110 million, exceeding its $100 million target.

    Inside GB Foods’ $10 Million Bet on Africa’s Agritech Startups

    GB Hub Africa enters a complex landscape.
    spot_img

    Keep exploring

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month

    From Seed to Exit in Seven Months: Egypt’s InfiniLink Delivers a 4x Return for Its State Backer

    After participating in InfiniLink's $10 million seed round this April, Egypt Venture and M Empire Angels are now securing a 4x return.

    Five African Women-Led Startups Win Naspers Backing — a First for the Embattled Investor

    After shuttering its R1.4bn venture fund amid criticism over diversity, the South African tech giant is betting on female founders with equity-free grants

    Rethinking Urban Work: Why the 15-Minute City Matters

    As CEO of Workshop17, Paul Keursten has observed how the geography of work affects business performance and quality of life. Here, he shares his lessons.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month

    From Seed to Exit in Seven Months: Egypt’s InfiniLink Delivers a 4x Return for Its State Backer

    After participating in InfiniLink's $10 million seed round this April, Egypt Venture and M Empire Angels are now securing a 4x return.

    Ethiopia’s New Currency War Front: The Back Offices of Licensed Fintech Apps

    Ethiopian authorities have opened a new war front in a less conventional theatre.