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    Venture Capital & Funding Sources

    From Herding Cows to Raising $12.6M: Africa’s Pioneer University Venture Fund Shifts Focus to Major Profits

    A university once known for managing a herd of cows through its technology venture unit is now leading Africa’s tech revolution.
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    SA’s Open Access Energy Raises Funding to Streamline Energy Transactions

    “We believe that OAE’s software solutions can be deployed across the country, and we are committed to helping them achieve this goal.”
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    Nigeria’s FairMoney Taps Debt Market, Raises $1M

    The proceeds from the CP issuance will be used to support FairMoney’s short-term liquidity requirements and fund the expansion of its loan book.
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    Ivory Coast’s doo! Secures Saviu Ventures Backing to Transform Mobile Money into Service Hubs

    doo! leverages this widespread infrastructure to create a one-stop solution for various essential services, thus transforming each Mobile Money agent into a multi-service hub.
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    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.
    Updates

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.

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    TymeBank vs Paymenow: The Race to Own the South African Paycheck

    ​Earned Wage Access (EWA) is booming as a lifeline for cash-strapped workers. But is it a responsible solution or a new dependency cycle? Fintechs like TymeBank, Paymenow, and platform-provider Deel are betting big.
    Partner Content

    I&P Broadens Scope of African Agritech Investment to Include Six New Countries

    According to the Climate Policy Initiative, just 3% of global climate finance flowed to Africa in 2023, and less than 0.5% of that targeted early-stage tech ventures.

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    Updates

    Egypt’s Intella Raises $12.5m to Build an AI That Truly Understands Arabic

    Intella reported that it more than doubled its revenue in 2024 and is projecting 7x growth in 2025.
    Updates

    The Elite Oxford Club Training VCs Who Deploy $444m Across Africa

    Founders backed by VCs that have received support from Boost Africa have a significantly higher success rate in follow-on funding.
    Partner Content

    After Closing Its $100M Fund, Naspers Places a New $100K Bet on African Female Founders

    This new initiative arrives on the heels of a significant strategic recalibration by Naspers.
    Ecosystem News

    A Busy Month for US Investors in African Startups

    American capital was spread across fintech, e-commerce, AI, and climate infrastructure.

    Disrupting Norms, Amplifying Ambitions: Experience the Pulse of African Startups, Innovation and Entrepreneurship at Launch Base Africa!

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