Category: New Investments

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.

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 Management has launched its first Africa-focused private credit fund to provide growth capital for small and mid-sized businesses across the continent.

Nucleon Security, a cybersecurity firm founded in 2019, has successfully secured €3 million (about US$3.5 million) in seed‐stage funding.

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.

Yamify, a startup created for developers, freelancers, and web agencies, has launched with the mission of making high-performance AI tools accessible across Africa.

Saudi Arabia’s Vision Invest has acquired a stake in Arise Integrated Industrial Platforms (Arise IIP) via a capital injection of $700 million, in what is one of the biggest private infrastructure financing events in Africa.

South African financial technology startup Float, a pioneering card-linked instalment provider, has secured US$2.6 million in a fresh funding round.

The Invigilator, a Johannesburg-based startup delivering AI-driven tools to uphold exam integrity, has closed a funding round of $11 million to accelerate its expansion beyond Africa.