The International Finance Corporation (IFC) has proposed an equity investment of up to $6 million in the Catalyst Fund, a venture capital vehicle seeking to raise $40 million to back early-stage climate technology startups across Africa.
The fund, managed by...
The Catalyst Fund has invested $1.8 million in 9 early-stage climate tech startups across Africa, bringing their total portfolio to 19 companies driving climate adaptation and resilience on the continent across 8 different markets: Kenya, Egypt, Morocco, Nigeria, Senegal,...
Catalyst Fund has announced that it has secured an impressive first closing for its innovative pre-seed venture capital fund and accelerator program, which focuses on advancing climate resilience innovation in Africa.
The fund is delighted to report that it has...
The Catalyst Fund, a pre-seed venture capital fund and accelerator focused on driving climate resilience innovation in Africa, has announced the successful first closing with over 20% of its targeted US$40 million fund closed.
This milestone signals its strong...
Pre-seed venture capital (VC) fund and accelerator Catalyst Fund has invested $2 million into 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa as part of its inaugural cohort of the new $30M VC fund...
The Catalyst Fund , a pre-seed VC fund and accelerator backing high-impact tech startups that seek to improve the resilience of underserved, climate-vulnerable communities has announced a $2 million investment into 10 startups building solutions to improve the resilience of climate-vulnerable...
Kenya's Topup Mama, Tulix, AquaRech and Nigeria's ColdHubs have been selected into Catalyst Fund's latest cohort joining an existing portfolio of 55 companies and will catalytic capital, venture building support, and direct connections with investors, corporate innovators and talent...
Four African startups are among the six selected by Catalyst Fund for the 10th cohort of its accelerator for fintech companies building solutions designed to improve the resilience of underserved and climate vulnerable communities in emerging markets.
Catalyst Fund, managed...
The Catalyst Fund Inclusive Digital Commerce Accelerator has selected four Ghanaian digital commerce companies to be part of its second cohort.
Catalyst Fund partnered with the Mastercard Foundation and the Meltwater Entrepreneurial School of Technology (MEST) to launch the Inclusive...
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, today announced its ninth cohort of fintech companies that are building solutions designed to improve the resilience of underserved customers and communities.
In addition, the Catalyst Fund Inclusive Fintech program...
Catalyst Fund, a global inclusive tech accelerator, has announced the ninth cohort of its Inclusive Fintech accelerator, with three African startups among the six selected to develop solutions that will help underserved customers and communities become more resilient.
BFA Global...
Global inclusive tech accelerator Catalyst Fund, managed by BFA Global, has announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
Catalyst Fund will accelerate their efforts...
 Global inclusive tech accelerator Catalyst Fund, managed by BFA Global today announced its Circle of Corporate Innovators, with its first members, Fidelity Bank, Ecobank, Sterling Bank, Access Bank and the VFD Group.
This growing network of leading corporate innovators...
Global inclusive tech accelerator Catalyst Fund today released its latest report (available for free here) detailing insights into remote due diligence best practices adopted by investors globally since the onset of COVID-19.
The report additionally illustrates three fintech product...
Kandua, an online marketplace for home services, connects home service professionals to customers, tools and digital financial services in South Africa with the hopes of empowering them and making their lives better.
Like the US-based marketplace Task Rabbit, Kandua hopes...
The Catalyst Fund Inclusive Fintech Program, managed by BFA Global, today announced open applications for its latest internship intake, through its Inclusive Fintech Talent Program, in collaboration with the Cambridge Centre for Alternative Finance (CCAF) at the Cambridge University...
Boost Ghana and KudiGo have received $120,000 from the Catalyst Fund Inclusive Digital Commerce accelerator to enable small retailers to grow by easing business administration, digitizing operations, improving access to working capital, and reducing the cost of doing business,...
Inclusive tech accelerator Catalyst Fund has announced six startups joining the 8th cohort of its Inclusive Fintech Program.
The six new startups include Kenya's Koa, Lami, Power; Nigeria's Indicina, Jetstream; and South Africa's Kandua and will join Catalyst Fund's existing...
In July 2018, Kenya's SokoWatch, Hover, a USSD firm founded by KopoKopo's Ben Lyon and Rwanda's Leaf raised funding each from BFA's Catalyst Fund to help bring their fintech products and services to millions of users in emerging markets.
SokoWatch...
Catalyst Fund, which invests in early-stage ventures working in the financial inclusion sector in emerging markets has selected Kenya's Turaco and Uganda's Chipper Cash into its latest cohort.
Kenya's Turaco is a low-cost insurance provider targeting low-income customers with premium payments of...
Telegram has raised more than $1 billion to help enable it to continue with its global growth ambitions while sticking to its privacy values and remaining independent.
The $1 billion is from the sale of five-year convertible bonds with a...
Libreville-based telematics and fleet management startup POZI has raised €650,000 (US$755,000) in funding, a landmark deal and the first Gabonese tech startup to secure international venture capital investment.
The round was led by Saviu Ventures, with participation from Emsy Capital...
First Circle Capital, a women-led venture capital firm, has raised $10.9 million for its debut Africa-focused fintech fund, launched in 2022.
The capital includes a $6 million commitment from the International Finance Corporation, split between $4 million from its Startup...
Nine Kenyan startups have received backing from the Safaricom Spark Accelerator Program, after pitching at an investor demo day organized by the accelerator to help them showcase their milestones and connect with prospective investors.
The start-ups who include Health X...
LoftyInc Capital Management has announced the first close of $43m for its new LoftyInc Alpha Fund, a late-seed focused investment vehicle that will drive growth for Africa’s most promising tech startups across key geographies, including Nigeria, Egypt, Kenya, and...
Swedfund, British International Investment (BII) and Norfund, have announced a joint $85 million investment in AgDevCo, the agricultural-focused investor across sub-Saharan Africa to support high-impact agribusinesses to increase productivity and improve food security in rural areas.
The equity investment comprises...
StarkWare has launched a $4 million venture fund to back blockchain startups in Africa spearheaded by Kheireddine Kamal, a seasoned African entrepreneur and investor.
StarkWare will focus on early-stage teams, particularly those at the pre-seed and seed stages, with an...
Moniepoint, a Nigerian business payments and banking services platform, has secured an investment from Visa to advance financial inclusion and shaping the future of digital payments while fostering SME growth across Africa.
Visa joins other notable investors including Development Partners...
Safaricom has partnered with two fund managers; Standard Investment Bank and ALA Capital to bolster its recently launched Ziidi MMF, a money market fund that leverages free deposits and withdrawals via its M-PESA platform.
These is after Safaricom fell out...
Startupbootcamp, a global accelerator, has announced its second fund in Africa in partnership with Mara Group and Blend Financial Services in a seven-year deal to establish five innovation hubs across Africa and launch a $250 million USD fund.
These hubs...