MASTERCARD
Venture Capital

$200 Mastercard Foundation Africa Growth Fund Launched

The Mastercard Foundation Africa Growth Fund (The Fund), a Fund-of-Funds of African investment vehicles (IVs) to support early-stage, growth-oriented SMEs, launched today with $200

DevlopPPP
Funding

DevlopPPP Ventures Launches €100,000 Funding Grant for African Startups

develoPPP Ventures has launched a new €100,000 funding grant for startups in Kenya and Tanzania to get a chance to

SweepSouth
Funding Investment Venture Capital

Online Home Services Platform SweepSouth Gets $11m Funding Led by Alitheia IDF

SweepSouth, an online home services platform with a presence across Africa, today announced that it has completed an $11m investment

Sanari Capital
Funding Investment Startup

Sanari Capital Announces $27.4m First Close For its New Fund

Sanari Capital has announced a $28 million first close on its Sanari 3S Growth Fund (Sanari 3SG). The private equity firm

Pezesha
Funding Investment Startup Venture Capital

Pezesha Secures $11m Pre-series A Funding to Grow its Embedded Finance Platform

Pezesha, a pan-African embedded finance fintech, has raised $11 million in pre-series A investment. The round was a mix of $6

SOUTH AFRICA’S SMARTWAGE APPOINTS THAMSANQA MOYO AS ITS NEW CTO
Africa Funding Startup

Cathay AfricInvest Innovation Fund Complete Final Close of €110M

AfricInvest, a leading multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close

Venture Capital

AfricInvest Closes its Midcap-focused Fund Raising over $400m

AfricInvest, an African investment platform, has announced the final close of AfricInvest Fund IV with total commitments of US$411 million.

Catalyst Fund
Fintech

Four African Fintech Startups Selected For Catalyst Fund 10th Cohort

Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, has selected four African fintech startups for its tenth cohort. They will

Funding Startup

Janngo Capital Receives an Investment Approval of $12m For its Start-up Fund

Janngo Capital, an African social startup studio, has announced that it has received an investment approval of $12 million (€10.5m)

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with