Proparco
Product Launch

Rubyx Launches ‘Lending as a Service’ For African Microfinance Startups With Proparco Support

Proparco has granted a €400,000 loan to Rubyx through the Bridge by Digital Africa facility. This will enable the African

Adenia Partners
Acquisition

Adenia Partners Acquires The Courier Guy to Enhance Last-mile Delivery Services in South Africa

Adenia Partners, a private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a

Husk Power
Clean Energy

Husk Power Secures $100m in Equity and Debt Power Growth of Community Solar Minigrids in Africa

Husk Power Systems, the solar electric power generation company, has announced that it has closed $43 million in Series D

Complete Farmer
AgricTech Agro-tech Funding Investment Venture Capital

Complete Farmer Bags $10.4m to Create More Efficient Agricultural Value Chain in West Africa

Complete Farmer, a digital marketplace that brings together African farmers and international buyers, has raised $10.4 million in an equity

ANKA
Funding Investment Venture Capital

ANKA Secures $5m Funding to Support Africa’s Creative Artisans

ANKA, the African e-commerce platform, has investment led by the International Finance Corporation (IFC) that will support the growth of

Proparco
Funding Investment Venture Capital

Proparco Supports Egypt’s Startups With Investment in DisrupTech Ventures

Proparco, a subsidiary of the AFD Group focused on private sector development, has announced an investment in an early-stage venture

Workpay
Funding Investment

Kenyan Payroll HR Startup, Workpay Secures $2.7m to Fund African Expansion

Workpay, the Kenyan human resources payroll startup, has secured a $2.7 million pre-series A funding from Launch Africa, Saviu Ventures,

d.light
Funding Investment Renewable Energy Startup

Solar Energy Startup, D.light Secures $10m in Equity Financing From Proparco

D.light, a leading innovator of solar energy products, has raised US$10 million in equity financing from Proparco.  This latest funding

Ascent
Funding Venture Capital

African Private Equity Fund Manager Ascent Announces Close of Ascent Rift Valley Fund II

African private equity fund manager Ascent has announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at

PROPARCO
Funding Investment Venture Capital

PROPARCO and Bpifrance Unveil New Fund to Promote Development of Private Equity Industry in Africa

Bpifrance and Proparco have announced the first closing of Averroès Africa, their fourth private equity fund of funds for Africa.