The Empower Africa Business Platform is Now Live !!!

The African Development Bank Group’s Board of Directors has approved a €6.5 million investment in the Saviu II venture capital fund as part of ongoing efforts to expand financing for early-stage technology companies in Africa.

Sahel Capital, a specialist investment manager in sub‑Saharan Africa’s food and agriculture sectors, recently provided a loan of $590,000 to Rasad Nigeria through its Social Enterprise Fund for Agriculture in Africa (SEFAA).

Norrsken22, an Africa-focused venture capital firm, has closed its first African technology growth fund at $205 million, surpassing its target of $200 million.