This marks a new chapter in their mission to empower impactful startups across Sub-Saharan Africa.
Building on the success of their first fund, which backed prominent names like insurtech Pineapple and home services platform SweepSouth, E4E Africa continues its focus on high-potential businesses driving positive change.
Their expertise lies in fintech, education, job tech, e-health, and energy solutions, where they seek out exceptional entrepreneurial teams building scalable ventures.
E4E Africa’s commitment to founder-centric support goes beyond capital. They leverage their extensive network of experienced entrepreneurs to provide valuable guidance and mentorship, creating a nurturing environment for startups to thrive.
Fund II has already invested in three promising companies: Kwara, a Kenyan core banking platform, TUNL, a South African tech-enabled export shipping provider, and a disruptive player reshaping Kenya’s embedded finance landscape.
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
Untapped Global, a leading impact investment firm, has announced a strategic investment in ElimuTab, a Kenyan educational technology startup.
The European Bank for Reconstruction and Development (EBRD) is injecting up to $40 million into SPE Capital’s newly launched SPE PEF III fund.
Leading global venture capital firm Partech has announced the final closing of its Partech Africa II fund, securing €280 million (over $300 million) to fuel the growth of African startups across diverse sectors.
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