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SMBC Invests in Novastar Ventures’ New Fund
This commitment is a clear indicator of a wider, calculated trend of Japanese corporate capital being strategically deployed into Africa’s vibrant and rapidly expanding technology startup ecosystem.
- Categories
- Investing, Technology
- Region
- Global
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Mastercard Foundation Continues Africa Push with $10 Million for Sahel Capital
The investment is directed to the Social Enterprise Fund for Agriculture in Africa (SEFAA), a vehicle designed to finance small and medium-sized enterprises (SMEs) that support smallholder farmers across the continent.
- Categories
- Agriculture, Social Enterprise
- Region
- Sub-Saharan Africa
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Female-Led First Circle Capital Raises $10.9 Million for Pan-African Fintech Fund
The fund is dedicated to investing in early-stage fintech startups across Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, startups, venture capital
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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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500 Global and UNDP Launch New Innovation Programs to Boost Africa’s Ecosystem
The launch is the latest in a series of firm actions to reinforce support for the African venture ecosystem.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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54 Collective, Formerly Founders Factory Africa, Shuts Down Venture Studio Amid Mastercard Foundation Dispute
54 Collective, the venture firm formerly known as Founders Factory Africa, has shut down its venture studio operations as its partnership with the Mastercard Foundation ended in legal action.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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LSE’s 100X Impact Announces a New Cohort of Future ‘Social Unicorns’
LSE will provide over £2.4 million in unrestricted catalytic funding to the cohort, alongside access to 100x’s accelerator programme and world-class expertise to help scale their impact.
- Categories
- Health Care, Social Enterprise
- Region
- Global
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Africa’s First Cell & Gene Therapy Startup Altera Biosciences Raises R29 Million
This milestone positions Altera at the forefront of biotech innovation in Africa.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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