TLcom
Funding Investment Venture Capital

TLcom Closes Africa’s Largest Early-Stage VC Fund at $154 Million

TLcom Capital, the Africa-focused venture capital firm, has announced the final close of TIDE Africa Fund II, its second fund for

Goodwell
Funding Investment Startup Venture Capital

Goodwell Invests in OmniRetail to Fuell Opportunities for Informal Retailers Across Africa 

Goodwell Investments, an impact investor focused on innovative businesses in emerging markets, has announced its recent investment in OmniRetail – a B2B

Pula
Funding Insurtech Investment Venture Capital

Pula Closes $20m Series B Funding Round to Finance Smallholder Farmers Across Africa

Pula, an agricultural insurance and technology company, has closed a USD 20 million series B fundraising round that will help

Venture Capital

Verod-Kepple Africa Ventures (VKAV) Closes its first fund at $60m

Verod-Kepple Africa Ventures (VKAV) has announced that it has closed its first fund at $60 million. Key institutional investors in

Baobab Network
Acquisition

Baobab Network Acquires Reflector Marketing

Baobab Network, an early-stage investor that backs startups across Africa, has announced the acquisition of Reflector Marketing, a strategy and branding

 BURN
Funding Investment Venture Capital

BURN Secures Over USD 12 Million Investment to Expand Clean Cooking Across Africa

BURN Manufacturing, the clean cookstove manufacturer, distributor, and carbon project developer, has announced completion of a follow-on-carbon project investment from

BasiGo
Electric Vehicle Funding Investment Venture Capital

BasiGo Secures $3m from CFAO For Scale-up

BasiGo, an electric bus company, has secured $3 million in equity funding from the CFAO Group. This investment aims to

4DX Ventures
Venture Capital

IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa

IFC has disclosed that it is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture

Moove
Fintech Funding Investment Mobility

Moove Secures $100 Million Series B Round Led by Uber

Moove, the global mobility fintech that democratises access to vehicle ownership for mobility entrepreneurs, has announced that it has raised

Zone
Funding Investment Venture Capital

Zone Secures $8.5m in Seed Funding to Scale its Decentralized Payment Infrastructure

Zone, the African payment infrastructure company, has raised $8.5 million in an oversubscribed seed funding round led by venture capital firms Flourish Ventures and TLcom Capital.