Category: New Investments

Namibia-based alternative investment firm Bellatrix Investment Managers has launched a new $10 million venture capital fund aimed at backing early-stage startups across Southern Africa.

Pan-African debt recovery and distressed credit investor BFREE has secured a new growth investment round aimed at expanding its ability to purchase bad loan portfolios from banks and digital lenders across Africa.

Village Capital has made its first investments through the Africa Ecosystem Catalysts Facility (AECF), deploying $350,000 into two startups in Ghana as the nonprofit deepens its push to support early-stage African businesses tackling essential everyday challenges.

Sabou Capital, a Nigerian impact investment firm focused on technology-driven small and medium-sized businesses, has received an undisclosed anchor investment from the Mastercard Foundation Africa Growth Fund.

The International Finance Corporation (IFC) is planning to invest up to $120 million in a new renewable energy-focused investment platform, Zafiri Investment Vehicle, which will be headquartered in Mauritius and aimed at expanding energy access across Sub-Saharan Africa.

Inspired Evolution has committed $40 million to CrossBoundary Energy in a move aimed at accelerating the rollout of clean power solutions for businesses across sub-Saharan Africa, as demand grows for reliable alternatives to unstable grid electricity.

Cape Town-based logistics startup Shiprazor has secured $2.65 million in seed funding as it looks to address one of the biggest bottlenecks facing Africa’s fast-growing e-commerce sector: the high cost and complexity of deliveries.

Secha Capital has secured additional backing for its second growth fund, bringing in E Squared Investments as a new investor as it advances toward its fundraising target.

Proparco, the private sector arm of the French Development Agency, has invested $5 million in Novastar Ventures’ Africa People and Planet Fund III, which has now reached a final close of $147 million.