Venture capital

Ripple invests in Flutterwave’s Series E

The investment will support the integration of Ripple’s USD-denominated stablecoin RLUSD.

Jun 21

Mercy Corps Ventures invests in Logidoo

Logidoo’s platform helps businesses plan, manage, and track shipments across key trade corridors.

Jun 18

Launch Africa Ventures makes cash distribution to LPs

The distribution follows 11 completed portfolio exits.

Jun 16

Breega, Attijariwafa Ventures and Saviu Ventures back Agenz

Agenz, a Moroccan proptech company specialising in real estate data and transaction digitalisation, has announced a $5 million funding round.

Jun 12

Janngo Capital leads investment round for CreditChek

CreditChek is a Nigeria-based credit infrastructure company.

Jun 9

Algebra Ventures leads Series A in Egypt’s point-of-sale lender Blnk

Blnk, an Egypt-based fintech company providing point-of-sale financing, has raised $12.5 million in equity funding and $24.6 million in local debt…

Jun 8

Development Bank of Southern Africa backs South African electric vehicle platform

Zimi, a South African company building an electric vehicle ecosystem for commercial fleets, has closed a $3.1 million fundraising round.

Jun 5

Digital Africa launches €30m seed fund

The fund will target 30 tech-enabled startups across 20 priority African countries.

May 29

Africa Innovation & Healthcare Fund II portfolio company raises $12m

Aumet has completed a Series A funding round, raising a total of $12 million.

May 22

Sorted Wallet secures $4.4m to expand entry-level phone stablecoin access

Sorted Wallet, a stablecoin wallet built for feature phones and low-end smartphones in Africa and South Asia, has raised $4.4 million.

May 21

Africa Finance Corporation commits $100m to technology fund managers

AFC has made anchor commitments to Lightrock Africa Fund II and Future Africa Fund III.

May 18

AfricInvest leads growth round in BFREE

Algebra Ventures joins as a new investor alongside existing backers.

May 12

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