Category: New Investments

Schroders Capital and BlueOrchard have committed $5 million to the African Infrastructure Investment Fund 4 (AIIF4) through their Green Earth Impact Fund (GEIF).

Cauris Finance, an Africa-focused impact credit fund, has successfully closed a $40 million debt facility with a U.S.-based institutional investor.

Billboxx, a Nigeria-based financial technology company specializing in invoicing and cash flow management for small and medium-sized enterprises (SMEs), has raised $1.6 million in a pre-seed funding round.

Camco, a prominent climate and impact fund manager, has announced the first close of $107 million for its Renewable Energy Performance Platform 2 (REPP 2) debt fund, with an additional $78 million pledged pending certain conditions.

LAfricaMobile, a leader in cloud communication and artificial intelligence (AI), has successfully closed its Series A funding round, raising a total of €6.5 million ($7 million).

Digital health startup Eyone, based in Senegal, has raised $1 million in funding to strengthen its position in the industry and advance its expansion throughout Africa.

UK-based e-mobility startup OX Delivers has signed a $163 million deal to establish its first franchise partner in East Africa.

Tunisian fintech startup Konnect has secured funding from Renew Capital, an Africa-focused impact investment firm, to support its expansion efforts.

Seedstars Africa Ventures I, a venture capital fund dedicated to early-stage startups in Africa, has reached a landmark $42 million first close.