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    Venture Capital & Funding Sources

    IFC Raises New Funding to Back Women-Led Startups in Africa via SheWinsAfrica Initiative

    The SheWinsAfrica initiative welcomes applications from women-led startups across all sectors in Sub-Saharan Africa. To be eligible, startups must have at least one female founder.
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    Jumia Adds Former African Development Bank President to Board in Profitability Push

    The refresh brings the five-member supervisory board a mix of development finance heft, pan-African operational experience and capital markets discipline.
    Updates

    CDC-CI Capital Extends Startup Funding Spree With $1.2M Injection Into Ivorian Ventures

    Côte d'Ivoire's state investment arm has distributed its largest single-event startup funding package to date, extending a deployment streak that now spans two consecutive years and multiple sectors.

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    Fintech Unicorn dLocal Bets on the Middle East as Africa’s Turbulence Refuses to Settle

    This reversal of fortune is stark.
    Partner Content

    Nigeria’s Alerzo Dissolves Singapore SPVs Amid Asset Freeze and Legal Battle

    The FMCG distribution startup is battling a $2.8m debt recovery suit from Moniepoint as macroeconomic headwinds batter the country's B2B commerce sector.

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    Updates

    Jumia Adds Former African Development Bank President to Board in Profitability Push

    The refresh brings the five-member supervisory board a mix of development finance heft, pan-African operational experience and capital markets discipline.
    Updates

    CDC-CI Capital Extends Startup Funding Spree With $1.2M Injection Into Ivorian Ventures

    Côte d'Ivoire's state investment arm has distributed its largest single-event startup funding package to date, extending a deployment streak that now spans two consecutive years and multiple sectors.
    Partner Content

    The Anti-VC Pivot: Wasoko Founder Launches $100M Fund to Back Migration and Manufacturing

    "Venture-scale returns are only possible in a small subset of business models."
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    Ghana’s Draft ICT Law Could Make Foreign-Backed Startups Illegal

    For the foreign founder eyeing Accra's growing tech scene, the advice is shifting.

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