The Empower Africa Business Platform is Now Live !!!
South African fintech startup Peach Payments has closed a $31 million Series A funding round for expansion.
Peach Payments is a cutting-edge payment platform that allows businesses of all sizes to process payments quickly, securely, and efficiently. By leveraging the latest technology and a deep understanding of customer needs, the startup has emerged as a leader in the fast-growing fintech sector. Peach Payments secured the latest investment from Apis Growth Fund II, a private equity fund managed by Apis Partners, a UK-based asset manager. The startup will use the funding to fuel its expansion plans across South Africa and beyond.

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

Ugandan agritech startup Emata has secured $2.4 million in seed funding to expand its agri-loan offerings across East Africa.

The African Development Bank (AfDB) has approved a $15 million equity injection into Adenia Entrepreneurial Fund 1 (“AEF 1”), a private-equity vehicle managed by Adenia Partners.