Funding

Expanding Horizons: Pan-African Beauty Startup Zuri Secures Investment from Launch Africa Ventures

Zuri, a trailblazing Pan-African beauty startup, celebrates a significant milestone as it secures its first institutional tech investment from Launch Africa Ventures. This investment not only marks a pivotal moment in Zuri's journey but also signifies advancement in the African beauty industry.

by Joel Omulo

Expanding Horizons: Pan-African Beauty Startup Zuri Secures Investment from Launch Africa Ventures

News Funding

Empowering Smallholder Farmers: Kenyan Startup SunCulture Raises $27.5 Million in Funding

SunCulture's Series B round, comprising a blend of equity, debt, grants, and carbon financing, propels the climate tech company's total investment to $65 million since its inception.

by Joel Omulo

Empowering Smallholder Farmers: Kenyan Startup SunCulture Raises $27.5 Million in Funding

News Funding

Empowering Growth: Verod-Kepple Africa Ventures Announces $60M Fund

Verod-Kepple Africa Ventures (VKAV) marks a significant milestone with the successful closure of its inaugural fund, securing $60 million to fuel the growth of promising startups across the continent. This announcement heralds a new chapter in the African startup ecosystem.

by Joel Omulo

Empowering Growth: Verod-Kepple Africa Ventures Announces $60M Fund

News Companies Funding

Enabling Growth: Africa’s Mezzanine Debt Fund Manager Vantage Capital Invests in Procera Group

Vantage Capital's investment in Procera Group encompasses the acquisition of a substantial minority equity stake from the company's founders, alongside the provision of a mezzanine facility to support Procera's future strategic acquisitions.

by Joel Omulo

Enabling Growth: Africa’s Mezzanine Debt Fund Manager Vantage Capital Invests in Procera Group

News Funding

Adenia Secures $470 Million for its Fifth Africa-focused Fund

Adenia Capital V is strategically poised to target established businesses in sectors critical to Africa's growth trajectory, including fintech, telecommunications, and healthcare.

by Joel Omulo

Adenia Secures $470 Million for its Fifth Africa-focused Fund

News Funding

Driving Growth: Ghanaian Fintech Zeepay Receives $3 Million Investment

Zeepay, a pioneering Ghana-based remittance and mobile money service provider, has secured a substantial $3 million equity investment from Verdant Capital Hybrid Fund.

by Joel Omulo

Driving Growth: Ghanaian Fintech Zeepay Receives $3 Million Investment

News Funding

Revolutionizing Roadside Assistance: South African Startup RNR raises $640K Funding

Breakdown management startup RNR has secured ZAR12 million (US$640,000) in funding to fuel its expansion plans within Southern Africa. Founded in 2019 by Wayne and Michelle Witherspoon, RNR has emerged as a trailblazer in the on-demand breakdown management sector.

by Joel Omulo

Revolutionizing Roadside Assistance: South African Startup RNR raises $640K Funding

News Running Funding

Start-up Closures and Retrenchments: Insights into Africa's Paradigm Shift in Start-up Funding

Africa's start-up ecosystem is witnessing a seismic shift in funding dynamics, marked by the ascendancy of indigenous entrepreneurship. Formerly dominated by foreign nationals, start-ups with solely African founders now command the lion's share of investor confidence.

by Joel Omulo

Start-up Closures and Retrenchments: Insights into Africa's Paradigm Shift in Start-up Funding

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