Category: New Investments

Proparco, a French development finance institution, has announced a €10 million investment in AfricInvest’s latest fund to support small and medium-sized enterprises (SMEs) across Africa.

UK-based technology company MOPO, known for its innovative pay-per-use battery rental solutions, has secured significant funding from British International Investment (BII), the UK’s development finance institution and impact investor.

Insight Terra has successfully closed a $5.7 million Series A extension funding round, positioning itself to expand its AI-driven greenhouse gas (GHG) and environmental risk management platform.

Norfund, the Norwegian Investment Fund for developing countries, has announced an additional investment of US$40 million in CrossBoundary Energy (CBE), a leading renewable energy solutions provider in Africa.

Nigerian fintech unicorn Moniepoint has announced a strategic investment from global payments leader Visa.

Renew Capital has announced its investment in Sevi, a Kenyan fintech company regulated by the Central Bank of Kenya.

Heading for Change, a donor-advised fund committed to driving climate solutions with women as key agents of change, has announced plans to invest in two transformative climate-focused initiatives targeting emerging markets in Africa.

MoneyHash, a leading payment orchestration platform in the Middle East and Africa (MEA), has raised $5.2 million in pre-Series A funding.

Naked, a South African insurtech company, has successfully raised $38 million in a Series B2 funding round.