Funding · Africa
Sabou Capital plans investments in 25 African SMEs
Surrayah Ahmed’s Sabou Capital targets technology-enabled small and medium enterprises across Africa.
Topic
Venture Capital
Reporting on Venture Capital.
Showing 1–12 of 12 articles
Funding
LoftyInc Capital Lands $43 Million To Help African Startups Navigate Series A Funding Gaps
Coming off the back of this success, LoftyInc launched a second funding round in 2021, with $10 million set as a target. However, it was able to raise $14.2 million, with which it broadened its geographical scope beyond Nigerian borders, spreading to South Africa, Francophone Africa, and Egypt.
Funding
Kholo Capital Secures $76 Million For South African SMEs
Kholo Capital will turn its searchlights on investments of about $3.8 million to $10.9 million in SMEs that have demonstrated a minimum EBITDA of R25 million ($1.4 million USD).
Funding
AgDevCo Secures $85 Million From European Banks To Bolster African Food Systems
AgDevCo aims to address these challenges by providing flexible, long-term capital to small and medium-sized agribusinesses in Africa.
Funding
PI Ventures Closes First Institutional Fund, Raises $50 Million to Back Next-Gen African Startups
This fact is reflected by its co-investment with Accel in Nuitee, a Moroccan AI-powered hotel booking platform, marking P1’s biggest investment till date.
Funding
Israel’s StarkWare Kickstarts $4 Million African Venture Fund For Blockchain Startups
StarkWare is particularly interested in ventures that combine technical expertise with strong business acumen and plan to deploy their solutions on Starknet.
Funding
Saviu Raises €25 Million In Second Close of Funding Round, Plans To Back Early Stage Startups In Francophone Africa
Saviu Ventures caters to tech and tech-powered businesses across the fintech, health-tech, edtech, climate tech and eCommerce sectors.
Funding
Swedfund Supports African Infrastructure Fund With $41.6 Million Investment, Aims To Promote Climate Action
EAAIF is a blended finance channel that supports infrastructure projects through public and private debt capital. The fund provides debt products on commercial terms to projects belonging to, and operated, by private sector experts.
FinTech
South Africa-based UsPlus Raises $2 million Investment To Bolster SME Financing
UsPlus aims to use the new capital to strengthen its balance sheet and attract further senior debt funding.
Funding
Maxula Gestion Kicks Off Fresh Funding Round For Tunisian Startups
The funding is in step with Maxula Gestion’s broader ambition to inject fresh life into Tunisia’s sports sector through innovative ideas.
Funding
Seedstars Africa Lands $42 Million In Seed Funding, Sets Focus On Series A Startups
The fund has already deployed $10 million to five startups operating across eight African countries, collectively serving over 60 million people.
Funding
Egypt Closes In On Fund of Funds Initiative To Support Local VCs
In an interview with Al Sharq Bloomberg Channel, Al-Abd highlighted the aim of the program’s expansion which was to reinforce Egypt’s growing startup ecosystem while extending its reach to growing African and Arab markets.