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Verod-Kepple Africa Ventures (VKAV) has announced that it has closed its first fund at $60 million. Key institutional investors in
IFC has disclosed that it is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture
Bujeti, the Nigerian fintech startup, has raised a $2 million seed round led by Y Combinator (YC). The round was
Mtor, the Egyptian online auto parts marketplace, has raised a $2.8 million pre-seed round led by Algebra Ventures, with participation
Saviu Ventures, a Venture Capital firm in Francophone Africa, has announced the first close of its second fund Saviu II,
Aduna Capital, the African venture capitalist, has launched its $20 million fund, with a major focus on investing in the
Shekel Mobility, a Nigerian B2B mobility startup, has raised $7 million in investment co-led by Ventures Platform and MaC Ventures. The
Stitch, the South African embedded payments platform, has closed a $25 million Series A Extension led by Ribbit Capital. The
Revio, the payment orchestration platform helping merchants optimize their order to cash lifecycle, announced a seed investment round of $5.2
Anchor, a Banking-as-a-Service (BaaS) startup, has raised a $2.4 million seed investment round which was led by Goat Capital. The round