Janngo Capital ,a Pan-African venture capital firm has closed its second fund at $78 million, 20% beyond its initial target. The fund…
Browsing: Funding
d.light, an Off-grid solar provider has secured a new securitization facility from African Frontier Capital to purchase USD$176 million of…
Growdash, a UAE-based SaaS platform that specializes in restaurant marketing and operations has raised $1.8 million in a Seed round…
WeCare, a philanthropic organization committed to driving positive change and fostering innovation in sustainable technologies has raised $350,000 dedicated to accelerating innovation…
Vantage Capital, Africa’s mezzanine debt fund manager, has invested R346m into Procera Group, a South African business process outsourcing (BPO)…
US-based and pan-African VC fund P1 Ventures has completed the second close of its second fund at $35 million, aiming…
Africa Finance Corporation (AFC) has been awarded the prestigious “Middle East & Africa Deal of the Year” at the just…
African Development Bank Approves $150 Million Regional Trade Finance Unfunded Risk Participation Agreement Facility For Eastern And Southern African Trade…
The International Telecommunications Union (ITU) has secured $9 billion commitments from mobile operators aimed to boost global connectivity. The commitments brings the…
The African Development Bank Group has announced a follow-up equity investment of $15 million in the Trade and Development Bank…
The European Commission (EC) and the African Development Bank Group have unveiled a new Financial Framework Partnership Agreement to boost…
The African Development Bank (AfDB) is set to invest USD 10.50 million in the capital of Seedstars Africa Ventures S.L.P.…
General Atlantic, a global growth investor, and Actis, a global investor in sustainable infrastructure have signed a deal that will…
African Guarantee Fund has partnered with Vista Group Holding to accelerate access to finance for small and medium-sized enterprises (SMEs)…
BlueInvest Africa ,an initiative for entrepreneurs and investors in blue economy has launched application for its second edition. The call…
The African Development Bank Group and The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a multilateral…
PayPal , an online payment system that allows users to send and receive money around the world has appointed Suzan Kereere as President, Global Markets,…
The Pan-African Fund Managers’ Association (PAFMA) has announced the launch of the a new trade association bringing together fund managers from…
The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI) housed and managed by the African…
Drugstoc an innovative startup committed to facilitating efficient distribution and enhanced availability of medical supplies and services was crowned winner…
The Green Climate Fund (GCF) has approved an innovative US$10 million project to empower women in Cote D’Ivoire to manage…
The Grand Duchy of Luxembourg has pledged an additional €4.8 million to EIB Global’s Financial Inclusion Fund, bringing the fund’s total…
Visa is now accepting applications for start-ups to participate in the first cohort of the Visa Africa Fintech Accelerator program.The…
The African Development Bank has approved a €400 million partial credit guarantee for Côte d’Ivoire, to support the mobilization on…
Equity BCDC and Proparco have signed a Sh1.5 billion portfolio guarantee to support loans to small and medium-sized enterprises (SMEs) in…
The Saudi Fund for Development (SFD has signed an agreement for a concessional development loan of $20 million to finance…
The British High Commission’s UK-SA Tech Hub has committed to a second round of funding for the SA Start-up Act Movement (SUA). The UK-South…
Berry Health, a Ghanaian consumer health platform, has raised $1.6m from Lightspeed Venture Partners and General Catalyst. Other investors in the round include…
African and global institutional investors have signed on to the new $500 million Infrastructure Acceleration Fund – a move described…
The African Development Bank Group has approved a $107.8 million loan to Tanzania to bolster governance and industrial competitiveness and…