Ampersand
Funding Investment Renewable Energy

Ampersand Secures $9m Funding From International Development Finance Corporation (DFC) to Scale Operations

Ampersand, Africa’s first electric motorcycle company, has just secured a $9 million loan facility from the U.S. International Development Finance

Ukheshe
Acquisition Fintech

Ukheshe Acquires EFT Corporation to Transform Financial Services Across Africa

Ukheshe International, the Banking as a Service (BaaS) and embedded finance enabler, has acquired 100% of  EFT Corporation Limited (EFTCorp) from parent Loita Transaction

Persistent Energy
Clean Energy CleanTech Funding Venture Capital

Persistent Energy Raises $10m Funding Led by Kyuden International and FSD Africa to Grow Climate Venture Building in Africa

Persistent Energy has raised $10 million in equity in its Series C round led by Kyuden International Corporation and FSD

Funding Investment Renewable Energy

U.S. Development Finance Corporation Invests $10m in Nithio FI to Scale Clean Energy Financing in Africa

U.S. Development Finance Corporation (DFC) has invested $10 million in Nithio’s Financial Intermediary, Nithio FI, B.V., an AI-enabled clean energy

Venture Capital

Partech Africa II Fund Reaches $300m+ Final Close to Expand Team and Portfolio

Partech, the global technology investment firm, has announced the final closing of its second Africa fund, Partech Africa II, at

Leapfrog Ventures
Funding Investment Venture Capital

LeapFrog Investments Plans to Hold Final Close of its $1bn Fund in Feb 2024

LeapFrog Investments, the Profit with Purpose firm, has raised a significant share of its Emerging Consumer Fund IV targeting $1

Access Bank
Women

Access Bank Unveils Womenpreneur Pitch-a-ton Season 5

Access Bank Plc has launched the W initiative Womenprenuer Pitch-a-ton Season 5. The W Initiative is aimed at inspiring, connecting

M-KOPA
News

Fintech M-KOPA Raises $250m to Scale High-impact Business Across Africa

M-KOPA, a fintech platform, has announced that it has closed over $250 mill in new debt and equity funding to

Partech Africa
Venture Capital

Partech Announces First Close of Partech Africa II at €245m

Partech, the global Venture Capital firm, has announced the first close of Partech Africa II at €245 million.  The investors in Partech

Lulalend
Fintech Funding Venture Capital

SA Online Lending Startup, Lulalend Raises $35m Series B Funding to Help Increase Support For SMEs

Lulalend, a South African online lending startup, has secured a $35 million series B funding round to help boost and