Tag: Investment News
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Launch Africa Ventures Expands African Startup Portfolio with 15 New Investments in 2026
Launch Africa Ventures has completed 15 new startup investments in 2026, reinforcing its position as one of Africa’s most active early-stage venture capital investors at a time when first-time funding for startups remains under pressure.
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Codar Raises $1.5 Million to Expand AI and Digital Skills Training Across Africa
Codar, an African edtech company backed by KWE4 Africa Venture Studio, has secured USD 1.5 million in a funding round that will accelerate the expansion of its AI and digital skills training programs across the continent.
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Knife Capital and FAM Investments Co-Lead US$5 Million Investment in AI Startup Cue
AI-powered customer service software company Cue has secured a US$5 million primary funding round co-led by South African venture capital firm Knife Capital and FAM Investments.
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Raxio Secures More Than $380 Million to Expand Africa’s Data Center Network
Raxio Group has increased its committed capital to more than $380 million after existing shareholders Meridiam and Roha injected additional equity to support the company’s next phase of expansion across Africa.
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Africa’s $1 Trillion Agribusiness Opportunity
Africa’s food and agribusiness market is projected to reach $1 trillion by 2030, positioning the sector among the continent’s largest long-term economic opportunities.
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Maia Capital Invests $9 Million in Nesa Power to Expand South Africa’s Commercial Solar Market
Maia Capital Partners has committed R150 million (US$9.12 million) in mezzanine debt financing to South African renewable energy company Nesa Power, providing growth capital to expand its commercial and industrial (C&I) solar business and increase its portfolio of long-term power purchase agreements (PPAs).
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Bank of Industry Appoints Kuramo Capital to Manage $170.6 Million iDICE Fund of Funds
Nigeria’s Bank of Industry (BOI) has appointed Kuramo Capital Management as fund manager for the $170.6 million DICE Fund of Funds.
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Novastar Ventures and Google Launch Applied AI Lab to Back Africa’s Next Generation of AI Startups
Nairobi-based venture capital firm Novastar Ventures has partnered with Google to launch an Applied AI Lab that will give African startups and researchers access to advanced artificial intelligence technology, technical expertise, funding opportunities, and venture support.
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Catalyst Fund Reaches $30 Million Second Close to Scale Climate Tech Startups Across Africa
Catalyst Fund has completed the second close of its debut pan-African climate venture capital fund, bringing total commitments to $30 million as it expands backing for early-stage startups developing climate resilience solutions across Africa.