Your cart is currently empty!
Category: New Investments
-
Mirova to Invest $10 Million in Debt Financing to Kenya’s ARC Ride in First EV Deal in Sub-Saharan Africa
French sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, has announced a commitment of up to $10 million in senior secured debt to ARC Ride, an electric mobility company headquartered in Nairobi.
-
Tanzania’s MazaoHub Raises $2 Million to Expand AI-Powered Climate-Smart Farming in Africa
Tanzanian agritech startup MazaoHub has secured US$2 million in an oversubscribed pre-seed round to accelerate its mission of transforming smallholder farming through a blend of artificial intelligence and hands-on agronomy.
-
Sanari Capital, 27four Invest $23.4m in Global Telematics and Fleet Management Firm Ctrack
South African private equity firm Sanari Capital has invested $14.4 million in telematics and fleet management company Ctrack, joined by $9 million from long-time partner 27four Investment Managers.
-
Amethis Invests in Morocco’s BH Holding to Expand Fruit Export Operations
Amethis, through its pan-African Amethis Fund III, has taken a minority stake in BH Holding, a Moroccan agribusiness group specializing in the packing and export of premium fruits.
-
Kredete Raises $22 Million Series A to Boost Credit Infrastructure for African Immigrants
Kredete, a fast-rising fintech founded just two years ago, has raised $22 million in Series A funding to accelerate its global expansion and deepen its credit-building infrastructure for African immigrants.
-
Norfund Backs Mohinani Group to Scale PET Recycling in Ghana and Nigeria
Norwegian development financier Norfund has approved a loan to the Mohinani Group to strengthen its recycled polyethylene terephthalate (rPET) operations in Ghana and Nigeria, in a move designed to scale up sustainable packaging solutions across the region.
-
Kessner Capital Launches First Africa-Focused Private Credit Fund to Bridge SME Financing Gap
Kessner Capital Management has launched its first Africa-focused private credit fund to provide growth capital for small and mid-sized businesses across the continent.
-
Morocco’s Nucleon Security Raises $3.5 Million Seed Round to Scale “Agentic AI” Zero-Trust Cybersecurity Across Africa
Nucleon Security, a cybersecurity firm founded in 2019, has successfully secured €3 million (about US$3.5 million) in seed‐stage funding.
-
Morocco’s Jobzyn Secures Investment from Janngo Capital to Reinvent Hiring with AI
Pan-African investment firm Janngo Capital has injected fresh capital into Jobzyn, a Moroccan recruitment-technology startup seeking to reshape how companies and candidates connect across Africa and the MENA region.