Category: New Investments

Open Access Energy (OAE), a South African energy management software startup, has secured a substantial boost to its operations.

Seven promising South African tech startups have been chosen to participate in the third Irish Tech Challenge South Africa.

South African startup accelerator, Founders Factory Africa, has undergone a significant transformation, rebranding as 54 Collective.

Lucky ONE, an Egyptian fintech specializing in consumer credit, has successfully raised $3 million in a convertible bond funding round.

African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, has successfully closed its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4), with a total of USD748 million raised.

Egyptian fintech startup Qardy has announced a significant boost to its operations after securing a seven-figure US dollar pre-seed investment.

Venture Capital firm HAVAÍC has successfully raised $15 million in commitments for its third African Innovation Fund, marking the first close of the $50 million fund.

The International Finance Corporation (IFC), Proparco, and Helios Sports and Entertainment Group have announced a strategic partnership to drive growth in Africa’s sports and entertainment sector.

Synapse Analytics, an Egyptian artificial intelligence (AI) startup, has secured a $2 million investment to expand its AI-powered solutions across the Gulf Cooperation Council (GCC) and Africa.