Venture capital

Mastercard Foundation Africa Growth Fund commits to Five35 Ventures

Five35 Ventures has secured an anchor investment from the Mastercard Foundation Africa Growth Fund, managed by MEDA.

Dec 5

FSD Africa announces $30m insurtech fund

Africa faces a significant protection gap, with insurance penetration below 3% in most countries.

Nov 26

A15, Enza Capital, Beltone Venture Capital, and Acasia Ventures back Cairo's Bluworks

The startup specialises in workforce management solutions.

Nov 24

DisrupTech Ventures backs Morocco’s Chari

This marks DisrupTech’s first investment in Morocco.

Nov 18

Egypt’s SehaTech raises $1.1m to digitise health insurance administration

Ingressive Capital leads round alongside Plus VC and existing backers A15 and Beltone Venture Capital.

Nov 6

Angolan mobility platform Anda secures €3m seed funding

Breega and Speedinvest back €3 million round for Anda.

Nov 4

South Africa: Maxwell+spark wins $15m backing for lithium-ion battery expansion

New investors Chevron and Idemitsu join Klima to advance industrial electrification.

Oct 28

Portugal Gateway Fund, 4Di Capital, Accion, others back B2B digital lending startup

Kuunda has completed its pre-Series A funding round.

Oct 22

Nigeria: Rana Energy raises $3m

Rana Energy announced the close of its $3 million pre-seed funding round.

Oct 16

African trade finance platform raises $1.8m

The round was backed by Ingressive Capital, Launch Africa, 54 Collective, Digital Africa, and Techmind alongside prominent fintech angels.

Oct 9

Yango Ventures invests in Kenya's Zanifu

Zanifu enables access to working capital for SMEs across Africa.

Sep 29

Tanzania: DOB Equity invests in agritech company MazaoHub

The Tanzanian agritech company seeks to transform smallholder farm productivity.

Sep 23

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