Venture capital

Ghana: Renew Capital invests in e-commerce platform

Renew Capital has invested in Tendo, a platform that connects independent resellers with inventory.

Apr 29

Algebra Ventures and Quona Capital lead $6.75m investment in Enza

Enza, an Africa-focused payment solutions company, has secured $6.75 million in a seed equity round.

Apr 25

South Africa: Stitch raises $55m from QED, Norrsken22, Trevor Noah, others

Stitch has announced a $55 million Series B funding round led by QED Investors.

Apr 16

DPI launches venture capital arm

Private equity investor Development Partners International has announced the launch of DPI Venture Capital.

Apr 15

African venture capital raises $3.6bn in 2024

AVCA – the African Private Capital Association – has announced the release of its 2024 Venture Capital in Africa Report.

Apr 14

Tanzania: FMCG distribution platform secures funding

Sumet has raised $1.5 million in a pre-seed round combining equity and debt.

Apr 10

Egypt: Healthcare company makes acquisition; raises investment

Grinta has raised an undisclosed amount of funding led by Beltone Venture Capital and Raed Ventures.

Apr 10

Cathay AfricInvest Innovation Fund leads $4m investment in Paytic

Paytic has secured $4 million in seed extension funding.

Apr 9

Egypt: InfiniLink secures $10m from MediaTek, Sukna Ventures, others

InfiniLink has raised $10 million in seed funding to accelerate the development of its optical connectivity solutions.

Apr 7

DOB Equity invests in Kenya's FarmWorks

FarmWorks provides smallholder farmers with consistent off-take channels for their produce.

Apr 2

Nigeria: Renewable energy lender raises $4m

Investors include All On and EchoVC Eco.

Mar 27

South Africa: Renew Capital invests in NjiaPay

NjiaPay offers a single integration for merchants, eliminating the need to manage multiple integrations.

Mar 26

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