Updates

HomeUpdates

Deals

WESTERN AFRICA

IFC Backs Nigeria’s Solar Growth with $80M Local Currency Financing for Sun King

Nigeria's inflation rate surged to 33.88% in October, making foreign currency financing increasingly costly for businesses.

November 22, 2024

Updates

Egypt’s Ariika Secures $3M in Series A Extension as Beltone’s $30M Fund Backs Regional Expansion

Ariika reported a compounded annual growth rate (CAGR) of 90% since its inception, serving over one million customers worldwide and generating 15% of its revenue through exports.

November 21, 2024

Updates

Uganda’s KaFresh Secures Funding to Extend Fresh Produce Longevity

Made from plant-based materials, including overripe fruits, the solution delays spoilage by reducing oxidation and microbial decay.

November 20, 2024

CENTRAL AFRICA

Cameroon’s Fako Capital, I&P’s Latest Anchor Fund, Targets $500K Investments in High-Growth Startups

Fako Capital joins a growing network of African impact funds nurtured by I&P

November 20, 2024

1...180181182...223 Page 181 of 223

Keep exploring

Don't Miss

Updates

South African Fintech Littlefish Secures $9.5M Series A, Moves Past Founder Legal Dispute

The round was led by global tech investment firm Partech, with participation from development finance institution Proparco.

March 24, 2026

Ecosystem News

The $267bn Crown: Wave Edges Closer to Dethroning Orange in West Africa

The BCEAO’s instant payments platform launched in late 2025 to link banks and mobile wallets across eight countries. Months later, top players Wave and Orange Money have yet to fully join — latest data suggests they have little urgency.

March 24, 2026