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    Venture Capital & Funding Sources

    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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    Ecosystem News

    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.
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    Updates

    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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    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access
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    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.

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    Morocco’s Done.ma Raised $2M to Challenge Glovo. Now It Faces Bankruptcy Speculation

    The Rabat-based super app's mobile application is unavailable and the company has not communicated publicly for several days.
    Partner Content

    AI-First Telcos Will Lead the Race in Africa

    Author: Kitso Lemo, Associate Director, TMT Practice at Boston Consulting Group (BCG)

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    Updates

    Ex-ZOLA and Fenix Exec Closes First Dedicated Climate Tech Fund for Southern Africa

    The Southern Africa-focused climate tech investor has closed its first fund, backing ten companies across e-mobility, circular economy and energy access
    Partner Content

    Africa’s Electric Mobility Pioneers Turn to Operators in Race for Profitability

    The sector has attracted unprecedented capital.
    Updates

    Moroccan Proptech Agenz Bags $5m from Breega and North Africa’s Largest Bank

    The Casablanca-based proptech, which combines real estate data, agent tools, and a transaction platform, closes an oversubscribed seed round.
    Partner Content

    Fintech Margins Under Pressure as Pan-African Payments Race Reaches Ghana

    Ghana's fintech sector has attracted intensifying interest from both regional and international players.

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