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    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”
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    IFC Backs Aruwa Capital’s $50M Second Fund as It Eyes Ghana Expansion

    Ticket sizes for ACF II are expected to range between $1m and $3m, focusing on businesses that have moved beyond the seed stage but remain too small for global PE players.

    Delta40 Secures $20M for Africa’s First Integrated Studio-and-Fund Model

    The studio typically writes initial checks between $100k and $500k. However, the real value proposition is the “capital leverage.”

    SolarAfrica Secures $94m to Bypass South Africa’s Grid Woes

    While the funding is a win for SolarAfrica, the project reflects a broader “privatization by stealth” occurring in the South African energy market.

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.