Funding
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Jobtech Alliance Invests in Bumpa and Flowcart to Build the Operating Layer for African MSMEs
Jobtech Alliance has invested in Flowcart and Bumpa, two platforms that address the operational complexity constraining micro, small, and medium enterprises (MSMEs) across Africa. Flowcart…
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How the International Finance Corporation Is Backing Lightrock Africa Fund II
The International Finance Corporation (IFC) has announced a proposed investment of up to US$20 million in Lightrock Africa Fund II (LRAF II), alongside an additional…
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Why Europe Is Deepening Its Startup Investment Links With Africa
The European Investment Bank (EIB) Global has committed €40 million to Speedinvest’s inaugural Africa-focused investment vehicle, announced on 16 March 2026. This commitment marks a…
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How NjiaPay Raised $2.1 Million to Improve Payment Performance Across Africa
NjiaPay has closed a $2.1 million oversubscribed seed funding round, announced on March 9, 2026, led by Newion, a prominent European B2B SaaS investor. This…
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Can $1.1 Million Accelerate Weego’s Regional Ambitions?
Weego has secured US$1.1 million in funding led by Azur Innovation Fund, with the round announced in mid-February 2026. The capital will support expansion into…
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How a €6.5 Million Commitment to Saviu II Strengthens Seed-Stage Funding
The African Development Bank Group has approved an investment of €6.5 million in Saviu II, the second investment vehicle of Saviu Partners. The commitment, approved…
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How Liquid Intelligent Technologies Strengthened Its Balance Sheet with $410 Million in New Facilities
Liquid Intelligent Technologies, a Cassava Technologies business, has completed a comprehensive capital restructuring. The company has fully repaid its existing ZAR term loan and USD…
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How Small Foundation Is Catalysing Local SME Finance Through Ci Gaba
Small Foundation has made a catalytic investment in Ci Gaba, a Ghana-based, local-currency fund of funds established to mobilise domestic institutional capital into small and…
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Who Could Benefit from IFC’s Commitment to Capitalworks Fund IV?
The International Finance Corporation (IFC) has proposed a commitment of up to US$40 million to Capitalworks Private Equity Fund IV, supplemented by an additional US$40…
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Why WafR’s Hanout Model Is Attracting Global Venture Capital
WafR has secured US$4 million in an oversubscribed seed funding round, announced on February 17, 2026. The round was co-led by LoftyInc Capital (through its…
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