Proparco
Funding Investment Venture Capital

Proparco Supports Egypt’s Startups With Investment in DisrupTech Ventures

Proparco, a subsidiary of the AFD Group focused on private sector development, has announced an investment in an early-stage venture

d.light
Funding Investment Renewable Energy Startup

Solar Energy Startup, D.light Secures $10m in Equity Financing From Proparco

D.light, a leading innovator of solar energy products, has raised US$10 million in equity financing from Proparco.  This latest funding

PROPARCO
Funding Investment Venture Capital

PROPARCO and Bpifrance Unveil New Fund to Promote Development of Private Equity Industry in Africa

Bpifrance and Proparco have announced the first closing of Averroès Africa, their fourth private equity fund of funds for Africa.

Adenia Partners
Acquisition

Adenia Partners Acquires The Courier Guy to Enhance Last-mile Delivery Services in South Africa

Adenia Partners, a private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a

Venture Capital

Partech Africa II Fund Reaches $300m+ Final Close to Expand Team and Portfolio

Partech, the global technology investment firm, has announced the final closing of its second Africa fund, Partech Africa II, at

FCMB
Accelerator Banking

FCMB Launches Accelerator Programme to Empower SMEs

First City Monument Bank (FCMB) has launched an accelerator programme to upskill and grow over one million small and medium-sized

Almouneer
Funding Investment Venture Capital

Almouneer, an Egyptian Healthtech Startup, Secures $3.6m Funding

Almouneer, the Egyptian healthtech startup, has raised $3.6 million seed round led by Dubai-based Global Ventures, with participation from other

Husk Power
Clean Energy

Husk Power Secures $100m in Equity and Debt Power Growth of Community Solar Minigrids in Africa

Husk Power Systems, the solar electric power generation company, has announced that it has closed $43 million in Series D

Ecobank
Fintech

Koree, a Cameroonian Fintech Emerges as Winner of the 2023 Ecobank Fintech Challenge

Koree, a fintech company based in Cameroon, has been named the overall winner of the 2023 Ecobank Fintech Challenge. The

Complete Farmer
AgricTech Agro-tech Funding Investment Venture Capital

Complete Farmer Bags $10.4m to Create More Efficient Agricultural Value Chain in West Africa

Complete Farmer, a digital marketplace that brings together African farmers and international buyers, has raised $10.4 million in an equity