IFC has invested $6 million in Ventures Platform Pan-African Fund II to support early-stage African tech startups. With a focus on fintech, health tech, and digital infrastructure, the fund aims to enhance seed-stage financing and expand Africa’s digital ecosystem.
Khula, a leading South African AgriTech startup, has secured R126 million in funding from major investors, including Absa and AECI. The investment will support the expansion of its digital agricultural solutions, helping farmers access vital resources and markets. With this backing, Khula is set to redefine the future of agriculture in Africa.
Three Francophone African startups have been crowned winners of the latest Orange Summer Challenge, a program that helps young entrepreneurs transform their ideas into impactful businesses. The 2025 edition featured 282 participants from 14 countries, with the top three startups focusing on sustainability, healthcare, and environmental innovation.
Summit Africa has officially launched its Summit Private Equity Fund II (SPEF II) with a $20 million anchor investment from British International Investment (BII). Focused on financial services, ICT, and food security, the fund seeks to drive economic transformation and inclusion across Southern Africa. With plans to raise additional capital, SPEF II supports South Africa’s broader investment and development goals
Nigerian naira strengthens against the dollar, investors wonder if the rally will last. With inflation adjustments, monetary policy shifts, and FX market dynamics in play, the currency faces a crucial test in the coming weeks.
MANSA secures $10 million in funding to address cross-border liquidity challenges, leveraging stablecoins for faster and cost-effective payments. With rapid growth and strategic backing from Tether, MANSA aims to expand into Latin America and Southeast Asia, revolutionizing global payment infrastructure.
Microsoft has launched a $1 million AI training initiative in Nigeria, targeting one million participants over two years. While the program aims to boost digital skills, questions remain about its feasibility and impact. Read more about Microsoft's vision for AI in Africa.
Johnvents Group secures $40.5M from BII to boost Nigeria’s cocoa industry, enhance processing, and support sustainability. Learn how this investment will transform local farming and global competitiveness.
Oui Capital’s early $150,000 investment in Moniepoint turned into a 53x return, fueled by strong leadership and rapid business growth. Here’s how the firm turned conviction into one of Africa’s standout venture capital success stories.
VivaTech’s AfricaTech Awards are back for their fourth edition! Designed to spotlight African startups in green tech, e-health, and e-commerce/fintech, the awards offer valuable networking and mentorship opportunities.