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Author: Fred Kennedy
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Saudi Investor Backs Arise IIP with $700 Million in One of Africa’s Largest Private Infrastructure Deals
Saudi Arabia’s Vision Invest has acquired a stake in Arise Integrated Industrial Platforms (Arise IIP) via a capital injection of $700 million, in what is one of the biggest private infrastructure financing events in Africa.
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Acumen Unveils $90 Million KawiSafi Fund II to Scale Climate Innovation Across Africa
Acumen, the global impact investment firm, has introduced its second iteration of the KawiSafi fund, a private-sector investment vehicle dedicated to scaling climate-focused solutions throughout the African continent.
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South African Fintech Float Raises $2.6 Million to Accelerate Expansion
South African financial technology startup Float, a pioneering card-linked instalment provider, has secured US$2.6 million in a fresh funding round.
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South African Ed-tech Innovator The Invigilator Secures $11 Million for Global Expansion
The Invigilator, a Johannesburg-based startup delivering AI-driven tools to uphold exam integrity, has closed a funding round of $11 million to accelerate its expansion beyond Africa.
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Helios Investment Partners Targets Cairo’s Regional Data Hub in $260m Agreement
Helios Investment Partners has taken a significant step toward expanding its digital infrastructure footprint in North Africa after Telecom Egypt’s board gave initial approval to the firm’s proposal to purchase a majority interest in its data center business.
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UK, GCC, and Global Partners Announce Major Agricultural Investments at AFSF 2025
The 16th African Food Systems Forum (AFSF) ended with a series of significant investment pledges aimed at transforming Africa’s agricultural landscape.
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AgDevCo Invests $7 Million in Planting Naturals to Scale Sustainable Palm Oil in Sierra Leone
AgDevCo has invested $7 million in Planting Naturals, a Sierra Leone-based producer of certified organic palm oil.
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Standard Bank Commits $10 Million to AWIF to Boost Women Fund Managers in Africa
Standard Bank has committed $10 million to the African Women Impact Fund (AWIF), a move aimed at empowering women fund managers across Africa.
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Egyptian Fintech Munify Raises $3 Million Seed Round from Y Combinator to Accelerate Global Expansion
Egyptian fintech startup Munify has successfully closed a $3 million seed funding round, spearheaded by the Silicon Valley accelerator Y Combinator, with backing from BYLD and Digital Currency Group (DCG).