Category: New Investments

EdVentures, an Egyptian venture capital firm specializing in education technology, has announced six-figure investments in two Egyptian ed-tech startups—Schoolz and Ibn Sina Training Academy.

PBR Life Sciences, a healthcare data analytics company supported by Techstars, has successfully raised $1 million in pre-seed funding.

South African fintech and alternative funding provider Sourcefin has secured $8.2 million from Futuregrowth Asset Management.

South Africa’s digital banking innovator, Tyme Group, has secured $250 million in a Series D funding round, propelling its valuation to $1.5 billion.

Proparco has announced a $5 million investment in the Equator Africa Fund through its FISEA+ facility to accelerate climate-focused innovation in sub-Saharan Africa.

Incofin Investment Management has announced two strategic investments totaling $1.55 million under its Nutritious Foods Financing Facility (N3F), aimed at enhancing food systems and improving access to nutritious food.

Juicyway, a Nigerian startup specializing in cross-border payments, has announced a successful $3 million pre-seed funding round.

Swedfund, the Swedish development finance institution, and the Danish Investment Fund for Developing Countries (IFU) have joined forces with Sturdee Energy to drive renewable energy expansion in Southern Africa.

Sanari Capital, a South African private equity firm, has announced the successful final close of its Sanari 3S Growth Fund, raising R1.5 billion (approximately $80 million).