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

 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

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

MEST Africa
Competition Startup

Koa Academy Wins MEST Africa Challenge 2023, Secure $50,000 Investment

MEST Africa, the Pan-African tech entrepreneurship training program, seed fund, and incubator, has named Koa Academy, the grand prize winner

Youverify
Funding Investment Startup Venture Capital

Youverify Secures $2.5 Funding to Strengthen Anti-money Laundering Compliance

Youverify, an AI-driven Anti-Money Laundering (AML) solutions provider, has raised $2.5 million from Elm, a Saudi Arabian digital innovation and solutions

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

Roam
News

Roam Secures $24m in Funding to Accelerate Electric Mobility Solutions in Africa

Roam, the Kenyan-based electric mobility pioneer, has secured US$24 million in equity and debt to accelerate its mission to revolutionise

4DX Ventures
News

The Catalyst Fund Invests $1.8 Million in 9 African Climate

The Catalyst Fund has today announced an investment of $1.8 million in 9 early-stage climate tech startups across Africa. This

Apollo Agriculture
AgricTech Agro-tech Funding Investment Venture Capital

Apollo Agriculture Secures $10m Funding From Swedfund and ImpactConnect  to Fuel Rapid Expansion and Impact

Apollo Agriculture, an African agri-fintech startup, has announced a significant financial partnership with Swedfund and ImpactConnect. The combined $10 million

Fintech

Koree Gets $200K Pre-Seed Funding to Expand its Merchant Base

Koree, the Cameroonian fintech startup, has closed a $200,000 pre-seed investment to grow its merchant base, scale its user base,