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    Venture Capital & Funding Sources

    Venture Capital & Funding Sources

    $200M Novastar Africa People and Planet Fund Draws Key European and Japanese Investors

    Novastar Ventures, with headquarters in the UK and on-the-ground presence in Nairobi and Lagos, screens over 100 startups annually.
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    Ecosystem News

    ‘New Funding Rounds Currently the Most Common Exit Strategy in Africa’ — Goodwell on Two Decades of Investment Lesson

    "Our most exited region to date is West Africa, where we have completed four exits."
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    Ecosystem News

    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.
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    Ecosystem News

    Egypt’s State Fund Stakes Claim in African Tech Boom

    The fund recently extended its reach to Nigeria.
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    GB Corp Retains Controlling Grip on MNT-Halan After $1.4bn Valuation Funding Round

    Despite minor dilution, the Cairo-listed conglomerate remains the anchor shareholder in the fintech unicorn as it gears up for an EGX debut.
    Ecosystem News

    ‘We Aren’t Fighting Rival EVs’: Inside ARC Ride’s $33.3m Bet on Beating Petrol

    "People determine who becomes the winners in this race."

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    Industry

    Four Startups, One Lead Investor: Inside Atlantica’s African AI Infrastructure Thesis

    A Lagos-based venture firm has backed four AI-native infrastructure start-ups in 18 months.
    Industry

    Cash Plus Buys Into Morocco’s Airport Taxi Startup Ahead of 2030 World Cup

    Moroccan airports handled a record 36 million passengers in 2025.

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    Updates

    GB Corp Retains Controlling Grip on MNT-Halan After $1.4bn Valuation Funding Round

    Despite minor dilution, the Cairo-listed conglomerate remains the anchor shareholder in the fintech unicorn as it gears up for an EGX debut.
    Ecosystem News

    ‘We Aren’t Fighting Rival EVs’: Inside ARC Ride’s $33.3m Bet on Beating Petrol

    "People determine who becomes the winners in this race."
    Updates

    Kenya’s Watu Bags $7M in Nondilutive Debt to Scale Smartphone and Vehicle Financing

    AHL Venture Partners has finalized a $7 million strategic debt facility for Watu, an...
    Updates

    ‘Paper Valuations Don’t Return Capital’: Grindstone Launches $31m Exit-Focused Fund

    It will invest from Seed through Series A and retain capacity to provide follow-on funding to its strongest-performing companies.

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