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African Startups to benefit from Capria Ventures’ new $100 million fund

  • Empower Africa
Capria Ventures, the global investment firm focused on backing early-stage impact-driven businesses, announced its first Global South Fund II close at $100 million.
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Amethis launches $490 million pan-African fund targeting African companies.

  • Empower Africa
Private equity firm Amethis has launched a $490 million pan-African fund to support high-potential companies across the continent.
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Zembo

  • Empower Africa
This week we feature Uganda’s Zembo in our startup spotlight.
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Tanzania’s Kakono gets $300 million to deliver clean energy

  • Empower Africa
Powering up Tanzania: The African Development Bank Group, the French Development Agency (AFD) and the European Union (EU) have teamed up to invest $300m in Tanzania’s Kakono hydropower plant.
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Mukuru Clean Stoves

  • Empower Africa
Kenya’s Mukuru Clean Stoves is revolutionizing how people cook and heat their homes in Africa.
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Pan-African neobank Payday has raised $3 million in seed funding

  • Empower Africa
Payday (Techstars ’21), one of Africa’s leading Pan-African neobank, has raised $3 million in seed funding to drive the future of work for the continent.
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South African fintech startup Peach Payments closes $31 million Series A funding round

  • Empower Africa
South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.
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Nigerian innovative shared-mobility platform Shuttlers secures $4 million for expansion

  • Empower Africa
Shuttlers, a Nigerian innovative shared-mobility platform, has secured $4 million in funding for expansion.
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Kenyan agritech Victory Farms has raises $35 million in Series B funding round 

  • Empower Africa
Kenyan agritech Victory Farms has raised $35 million in Series B funding to finance its expansion plans.
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