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Partech Closes Its Second Africa Fund at $300 Million+ to Invest from Seed to Series C
Amid a backdrop of global VCs and institutional investors pulling back from Africa, Partech Africa’s recent fund closure is significant.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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ITFC, Asia Alliance Bank Ink $10 Million Deal to Boost Private Sector in Uzbekistan
According to a statement by ITFC, this line of funding will specifically address import and pre-export requirements for private sector clients, including SMEs, in Uzbekistan.
- Categories
- Investing
- Region
- Europe & Eurasia
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How Spotify Helped Turn Afrobeats into a Global Phenomenon
The Swedish music giant is pushing to make Africa’s biggest sound the world’s favorite sound.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Injaro Raises $17.5 Million Fund to Support SMEs in Ghana and Ivory Coast
The company plans to utilize the fund to invest in leading small and medium-scale businesses (SMEs) in Ghana and Cote d’Ivoire.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- MSMEs, venture capital
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Kenyan Agri-Fintech Startup Apollo Agriculture Secures $10 Million From Swedfund and ImpactConnect to Empower African Farmers
This capital injection will enable the company to empower more small-scale farmers with the tools and resources they need to increase their profits, adopt sustainable practices, and boost food security.
- Categories
- Agriculture, Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Press Release: DFC Announces New U.S. Financing for Africa’s Lobito Corridor
DCEO Biswal celebrated DFC’s longstanding partnership with the Africa Finance Corporation (AFC), which is spearheading Phase II of the Lobito Corridor.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: IFC and SIMA Launch $150 Million Solar Green Bond for African Solar Developers alongside Finland and GEAPP
IFC, a member of the World Bank Group, in partnership with Social Investment Managers and Advisors LLC and other financiers have reached the first close of a $150 million solar green bond, which will finance productive-use solar projects throughout Africa.
- Categories
- Energy, Environment, Investing
- Region
- Sub-Saharan Africa
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Press Release: Landmark Pledge to Help Meet US $1.125 Trillion Needed to Fund Social Innovation Globally
By endorsing the Rise Ahead Pledge as early signatories, over a dozen companies have committed to increase their engagement in social innovation, and the social economy, by 2030.
- Categories
- Investing, Social Enterprise
- Region
- Global
- Tags
- innovation, public policy
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