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Venture Capital
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FMO has committed $10 million to Algebra Fund II
Algebra Ventures, an Egyptian venture capital firm, and FMO, a Dutch bank for the development of entrepreneurship, announced the signing...
Read moreAfricInvest and Cathay Innovation have successfully closed a €110 million venture capital fund
Cathay Innovation, a venture capital firm, and AfricInvest, an African multi-asset investment platform, have closed their combined Pan-African Venture Fund,...
Read moreFuturegrowth, a South African venture capital firm, has announced the launch of a growth development fund
Futuregrowth, a South African venture capital firm, has announced plans to launch its Futuregrowth High Growth Development Equity Fund (HGDEF),...
Read moreThe Pros and Cons of Venture Capital Funding
Investors who feel that a startup business or a small company has the potential for significant long-term growth will often...
Read moreThe first fund of Launch Africa Ventures, which closed at $36.3 million, has made its 100th investment
Launch Africa Ventures, an early-stage venture capital firm, has made its 100th investment, making it the most active investor in...
Read moreHAVAC, a South African venture capital firm, has closed a $20 million fund for early tech investments in Africa
The third and final closing of the HAVAC Universum Core African Fund, a US$20 million fund that will invest in...
Read moreTofino Capital has closed the first round of a $10 million fund to support African startups
Tofino Capital has announced the first close of its $10 million funding with a goal of reaching the complete close...
Read moreThe International Finance Corporation (IFC) invests $15 million in ‘Algebra Ventures’ to help Egyptian tech startups
The International Finance Corporation (IFC) announced a $15 million investment in the second fund from venture capital firm Algebra Ventures,...
Read moreAl Mada, a Moroccan firm, has launched a $110 million pan-African startup investment fund.
Al Mada Holding Group of Morocco has formed a pan-African venture capital fund worth US$110 million to invest in fast-growing...
Read moreAntler closes an oversubscribed East Africa fund with a $13.5 million investment
Antler, an early-stage investor, has completed its US$13.5 million East Africa investment fund, which will continue to support early-stage tech...
Read moreFormerly known as Sokowatch, Kenyan e-commerce startup Wasoko has raised $125 million in Series B funding
Sokowatch, a Kenyan e-commerce business that uses technology to improve the informal retail supply chain, has closed a US$125 million...
Read moreMoove, a Nigerian mobility fintech startup, has raised $105 million in a Series A2 round.
Moove, a Nigerian mobility fintech startup, has raised US$105 million in an oversubscribed Series A2 round to help it expand...
Read moreThe Big 5
