Zembo
Funding Investment Venture Capital

Ugandan Electric Mobility Startup, Zembo Secures $3.4m From InfraCo Africa, DOB Equity and Mobility 54

Zembo, a Ugandan electric mobility startup, has secured a $3.4 million investment from InfraCo Africa, DOB Equity and Toyota’s Mobility 54 to

GetEquity
Funding Investment Startup Venture Capital

GetEquity Launches Startup Funding Platform With Investment From GreenHouse Capital

GetEquity, a Nigeria technology startup redefining the venture capital and startup financing landscape, has announced the close of their six-figure

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

Ascent
Funding Venture Capital

African Private Equity Fund Manager Ascent Announces Close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at

Funding

CardinalStone Capital Advisers Closes Maiden Private Equity Fund at $64m, Makes First Fund Investments

CardinalStone Capital Advisers (CCA), a Lagos-based private equity fund manager, has announced the final close of its maiden private equity

Innovex
Funding Investment Renewable Energy Venture Capital

Ugandan-based Innovex Closes Equity Investment With Gaia Impact Fund

Innovex, an Uganda-based startup enabling pay-as-you-go and remote monitoring for solar companies, closed a Series Seed Round with an equity

AVCA
Appointment

African Private Equity and VC Association (AVCA) Appoints New Chief Executive

The African Private Equity and Venture Capital Association (AVCA) has appointed Abi Mustapha-Maduakor as its new chief executive. She will

ShEquity
Venture Capital

ShEquity Launches VC Fund, Business Accelerator to Support West African Female Founders

ShEquity, an investment firm that focuses on providing investments for African female entrepreneurs, has unveiled the ShEquity West Africa VC

SAVCA
Appointment Venture Capital

Southern African Venture Capital and Private Equity Association (SAVCA) Appoints New Chairman

The board of directors of the Southern African Venture Capital and Private Equity Association (SAVCA) has announced the appointment of

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.