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    Venture Capital & Funding Sources

    UK Commits $20m to Alterra Africa Tech Fund Backed by Dangote

    This latest commitment from BII follows the fund’s initial close last year, which saw it raise $140 million from a diverse range of international and African investors.

    Egypt’s State Fund Stakes Claim in African Tech Boom

    The fund recently extended its reach to Nigeria.

    African Tech Fund Helios V Seeks $750m, Gains Backing from IFC and EIB

    Development finance institutions back Pan-African fund targeting digital infrastructure and fintech sectors.

    LoftyInc Capital Raises $43m to Bridge African Series A Funding Gaps

    Crucially, LoftyInc is strategically positioning its latest fund to address a critical bottleneck: the so-called ‘Series A crunch’.
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    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    South African Fintech Adumo Investigates Alleged Source Code Leak

    The payment processor, which handles over R100bn annually and was acquired by Lesaka Technologies in 2024, has seen its internal code offered for sale on a dark web forum.

    Optasia’s Growth Is Coming From Where Few Investors Are Looking

    The Dubai-headquartered lending platform's most revealing growth story is not in Africa's largest markets.

    South Africa’s OneBio Secures Funding to Build Africa’s ‘Biotech Factory’ Amid a Deep Tech Reality Check

    The Cape Town venture studio is doubling down on its hybrid model, but a high failure rate highlights the structural hurdles of scaling science in Africa.

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    Major ValU Investor Sells Down Stake in First Secondary Deal Since Listing

    The sale comes as Egypt’s capital markets have shown signs of renewed activity following a period of muted equity capital markets (ECM) transactions.

    South African Fintech Adumo Investigates Alleged Source Code Leak

    The payment processor, which handles over R100bn annually and was acquired by Lesaka Technologies in 2024, has seen its internal code offered for sale on a dark web forum.

    End of the $500k Barrier for Foreign-Owned Firms: What Ghana’s New Investment Law Means for Tech Founders

    The country's first major overhaul of investment law in over a decade removes the capital entry thresholds that have quietly blocked hundreds of foreign founders from registering in Ghana.

    African Startup Deal Tracker — Newest Deals

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