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IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
Africa is among the regions least served by venture capital, receiving just 2% of global venture deal volume in the third quarter of 2023.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Analysis: How Nigeria’s GetEquity Is Pivoting to Survive Global Capital Shortage
GetEquity is now providing private investments to both individuals and institutions through its platform and API infrastructure.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: African Startups and Investors Must Now Make a Case for Their Existence as Funding Dries Up
With individuals and investors flush with cash, the standards for raising venture capital fell, and many startups that would not have otherwise raised venture capital did.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
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CFAO Group Invests $3 Million in BasiGo to Boost East Africa’s Electric Bus Production
CFAO Group is building e-mobility ecosystem in East Africa by investing in green mobility startups through Mobility54.
- Categories
- Energy, Environment, Transportation
- Region
- Sub-Saharan Africa
- Tags
- e-mobility, scale, startups, venture capital
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African VC Firm P1 Ventures Completes 2nd $35 Million Close of Fund II
Founded in 2020, P1 Ventures is a high-conviction investor on a mission to back Africa’s best entrepreneurs.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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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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Africa’s Ed-Tech Sector Has Unlimited Potential, but Lack of Funding Holds It Back
Sub-Saharan Africa has the highest rates of education exclusion of the six developing world regions, according to the World Bank.
- Categories
- Education, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- edtech, scale, venture capital, youth