Category: New Investments
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South Africa’s Ezeebit Raises $2.5m Seed Funding to Expand Crypto Payments for African Merchants
Ezeebit, a South Africa–based fintech building payment infrastructure for stablecoins and cryptocurrencies, has raised $2.5 million in seed funding to scale its operations across key African markets.
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South Africa’s Business Partners Launches $4 Million Fund to Back Women-Owned SMEs
South Africa’s Business Partners Limited (BPL) has unveiled a new financing initiative: the Basadi-Women Growth Fund, a R90 million (around US$4 million) facility aimed squarely at supporting women-led small and medium enterprises.
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Sahel Capital Approves Fresh Funding for Benin’s MM LEKKER to Strengthen Market Access for Farmers
Sahel Capital’s social-impact investment arm, Social Enterprise Fund for Agriculture in Africa (SEFAA), has extended an additional financing facility of US$800,000 to MM LEKKER, the Benin-based agribusiness.
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Five35 Ventures Secures Anchor Investment from Mastercard Foundation Africa Growth Fund
Pan-African early-stage venture capital fund Five35 Ventures has received a major anchor investment from the Mastercard Foundation Africa Growth Fund, whose resources are managed by MEDA (Mennonite Economic Development Associates).
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BasiGo Secures Proparco Funding to Drive Next Phase of Electric Bus Growth in East Africa
Kenyan e-mobility firm BasiGo has secured a new investment from Proparco, the private-sector arm of France’s development finance institution, accelerating the company’s mission to expand electric bus services across Africa.
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Africa’s Leading Livestock Trading Platform SwiftVEE Closes Series A Round for Continental Growth
SwiftVEE, described as Africa’s largest online livestock trading platform, has successfully closed a Series A funding round. However, deployment of the new capital depends on finalizing key opportunities in its pipeline.
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Egyptian Health-Tech Startup Rology Secures New Funding to Expand AI-Powered Teleradiology Across MEA
Egyptian health-tech company Rology has confirmed that it has closed a growth funding round, with backing from global healthcare-investment leaders such as Philips Foundation, Johnson & Johnson Impact Ventures, Sanofi Global Health Unit’s Impact Fund and MIT Solve Innovation Future.
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AIF Market Days Close with $15.3 Billion in Investment Interest for 39 African Projects
The 2025 edition of the Africa Investment Forum (AIF) Market Days concluded in Rabat, Morocco, with a total of US$15.3 billion pledged for 39 bankable projects.
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Summit Africa Secures IFC Backing for $175 Million SPEF II Fund
South African private-equity firm Summit Africa has secured a US$20 million commitment from the International Finance Corporation (IFC) toward its second fund, Summit Private Equity Fund II (SPEF II).