Funding
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Can Pil Compete With Global Spend Tools Using Local Rails?
Cardtonic secures $2.1 million in seed funding to launch Pil, an independent B2B spend management platform designed for African businesses. Announced in mid-January 2026, this…
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Can Secondary Markets Bring More Institutions Into Impact?
Blue Earth Capital achieved over $100 million in commitments for the first close of its dedicated impact secondaries strategy, announced in mid-January 2026. This milestone…
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How BII’s Entry Strengthens Inside Capital’s Institutional Backing
British International Investment (BII) joins as a limited partner in Inside Capital Partners’ Inside Equity Fund II, contributing to the fund’s final close at $72.2…
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How Alta Semper Uses Majority Stakes to Drive Healthcare Efficiency
Alta Semper Capital secures $57.5 million in commitments for its Growth Fund II, with the European Investment Bank (EIB) Group contributing $37.5 million and the…
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Why Mamy Eyewear’s Model Resonates With Impact-Oriented Investors
Kenyan optical retail brand Mamy Eyewear secures strategic investment from Ikemori Venture Support (IVS), a Japanese family office specialising in consumer and technology ventures across…
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Which African SMEs Could Benefit From IFC’s $50 Million Adenia Investment?
The International Finance Corporation (IFC) is considering an investment of up to $50 million in Adenia Entrepreneurial Fund I (AEF I), a pan-African private equity…
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What Are the Costs and Benefits of Non-Custodial Stablecoin Platforms for African Remittances?
Taran App received a grant from Base, Coinbase’s Ethereum Layer-2 network, to advance its non-custodial platform for cross-border payments in Africa. This funding, announced in…
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The Difference Between Mezzanine Debt and Preferred Equity for Funding Small Businesses in Africa
Impact Fund Denmark approves a USD 15 million investment in Verdant Capital Hybrid Fund (VCHF), a pan-African fund managed by Verdant Capital. This commitment, announced…
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What Impact Will Terra Industries’ Autonomous Security Technology Have on Africa’s $50B Annual Infrastructure Losses?
Terra Industries emerges from stealth with $11.75 million in funding, led by 8VC and supported by Valor Equity Partners, Lux Capital, SV Angel, and other…
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Will African Development Partners IV Deliver Both Returns and Impact?
DEG commits €35 million (approximately $50 million) to African Development Partners IV (ADP IV), the latest private equity fund managed by Development Partners International (DPI).…
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