| Date | Title | Description |
| 31.12.2025 | Nawah Scientific, an Egyptian deep-tech company has closed a $23 million Series A funding round | Nawah Scientific, an Egyptian deep-tech research and scientific services company, has closed a $23 million Series A funding round comprising a mix of equity and debt financing to accelerate the expansion of its “cloud lab” model across the ... |
| 20.12.2025 | Nawah Scientific in Egypt raises $23 M Series A funding to increase cloud lab capacity | Egypt’s deep-tech and life science company specialized in scientific and industrial testing services, Nawah Scientific, has closed a $23 million Series A round (a mix of equity and debt) as it marks 10 years since launch.
The round was led ... |
| 04.11.2025 | African PE firm AfricInvest strikes tenth bet from flagship Fund IV in HR tech co | Premium
AfricInvest, a pan-African private equity investment platform that has backed more than 200 companies over three decades, has acquired a significant minority stake in a leading regional HR technology company in the tenth deployment ... |
| 03.10.2025 | Verod Capital monetises five-year-old investment in pension firm | Daniel Adeoye, partner, Verod Capital
African private equity firm Verod Capital, which backs mid-sized companies across the continent, has monetized its five-year-old investment in a pension firm, selling its stake to an existing shareholde... |
| 23.09.2025 | Kredete Secures $22M Series A to Empower African Immigrants with Credit-Building Tools | Kredete, a fintech startup dedicated to assisting African immigrants in building credit and accessing financial services, has raised $22 million in a Series A funding round. The investment was led by AfricInvest, through its Cathay AfricInv... |
| 16.09.2025 | Kredete Secures $22M to Reshape African Diaspora Finance with Stablecoin Credit Card | Kredete, a pioneering fintech, has secured $22 million in Series A funding. This capital fuels the launch of Africa's first stablecoin-backed credit card. The company aims to empower African immigrants globally. It provides essential credit... |
| 15.09.2025 | Kredete raises $22M to launch Africa’s first stablecoin-backed credit card | Kredete, a Nigerian fintech that helps African immigrants build credit and access financial services, has raised $22 million in Series A funding to launch Africa’s first stablecoin-backed credit card and expand its credit-building infrastru... |
| 15.09.2025 | Kredete raises a $22M Series A round to expand credit-building infrastructure with stablecoin transfers to Africa | Kredete, a Fintech company focused on helping African immigrants build credit and access financial services has raised a $22 million Series A funding round led by AfricInvest via their Cathay AfricInvest Innovation Fund (CAIF) and Financial... |
| 01.08.2025 | Nigerian court blocks sale of 54gene’s assets, as founder claims investor wrongdoing | A Federal High Court in Lagos has granted an injunction blocking the sale of 54gene’s assets, preventing the dissolution of what was once one of Africa’s most promising startups, according to court documents seen by TechCabal. Assets slated... |
| 22.07.2025 | African PE firm Verod Capital fully exits education bet from Fund II | Credit: Pixabay
Verod Capital, an African private equity firm that backs mid-sized companies across the continent, has monetized its eight-year-old investment in an education business, selling its stake to an existing shareholder.
The Lagos... |
| 23.06.2025 | PE firm AfricInvest marks first exit from flagship Fund IV | Premium
Credit: 123RF.com
AfricInvest, a pan-African private equity firm that has made growth capital investments in more than 200 companies spanning three decades, has monetized a three-year-old bet in a pan-African banking group. This mar... |
| 10.05.2025 | Everything I heard at the AVCA Conference | Last week, the African Venture Capital Association (AVCA) brought its flagship VC Summit back to Lagos, the home of Africa’s unicorns, for the first time in a decade, and the timing could hardly have been more charged.
Against a backdrop of... |
| 02.05.2025 | The Secret to Oze’s 36x Impact: How Tech is Redefining Financial Inclusion | Businesses often face a perceived trade-off between profitability and achieving social or environmental outcomes. This perception is reinforced by the absence of standardized frameworks for measuring impact alongside financial performance. ... |
| 28.04.2025 | How to address Africa’s AI challenges, the BRAIN way | As AI takes off globally, Africa has struggled to keep up. The challenges contributing to this struggle are aplenty but can be summed up into three main troves: lack of data/infrastructure, and capital funding. Addressing these challenges i... |
| 12.04.2025 | Morocco's Digital Renaissance: GITEX AFRICA 2025 and the Future of Innovation | Morocco is on the brink of a digital revolution. The upcoming GITEX AFRICA 2025 in Marrakech is not just an event; it’s a declaration. A declaration that Africa is ready to lead in technology, innovation, and artificial intelligence. This t... |
| 11.04.2025 | Morocco sets the stage for Africa’s digital future ahead of continental launchpad event for innovation, AI and digital leadership in Marrakech | GITEX AFRICA Morocco will be a pivotal display of African innovation – boosting investor interest for the continent’s digital ecosystem
Rabat, Morocco – 11 April, 2025: Morocco will once again play a pivotal role in shaping Africa’s digital... |
| 11.03.2025 | Ghanaian fintech startup Oze raised undisclosed funding to scale lending solution | In order to expand its lending management solution, the Ghanaian fintech startup Oze, which offers MSMEs digital recordkeeping tools with integrated finance products, has raised an undisclosed sum of money from investors like Visa and DEG.
... |
| 11.03.2025 | Oze gets Visa and DEG Backing to Build a Brighter Future for African MSMEs | In Africa, small and medium-sized enterprises (MSMEs) are the backbone of the economy, contributing over 50% of GDP and employing nearly 80% of the workforce. Yet, financial exclusion remains a daily struggle for many. Without proper record... |
| 05.03.2025 | Oze, a Ghanaian fintech startup has secured an undisclosed amount of funding | Ghanaian fintech startup Oze has secured an undisclosed amount of funding from investors including global payment leader Visa and German development finance institution DEG. Existing backers such as Speedinvest and AfricInvest’s Cathay Afri... |
| 04.02.2025 | Pan-African PE firm AfricInvest taps returning LP for SME fund | Premium
Brahim El Jai, Senior Partner, AfricInvest
Africinvest, a pan-African private equity firm that has invested in more than 200 companies over three decades, is set to rope in a multinational institutional investor as a limited partner... |
| 31.01.2025 | AfricInvest’s latest SME-focused fund receives $10.4 M from Proparco | AfricInvest, a longtime partner and significant force in impact investing in Africa, has launched a new fund specifically for small and medium-sized businesses (SMEs), and French development finance agency Proparco has invested EUR10 millio... |
| 23.09.2024 | Africa's Venture Capital Surge: A New Dawn for Investment | Africa is a continent of contrasts. It’s a land of vast potential and untapped resources. In recent years, the spotlight has turned to its burgeoning venture capital scene. This week, a significant gathering took place at Oxford’s Saïd Busi... |
| 20.09.2024 | Tunisia 2.0 - Coding in the Line of Sight | It is early morning in Tunis. Yahya Bouhlel, 27, founder of a start-up, GoMyCode, has just arrived from London, for business meetings.
GoMyCode, which trains young people in coding, is in expansion phase, opening more offices in Tunisia, as... |
| 19.09.2024 | At Oxford’s Saïd Business School, prominent African fund managers convene for third time | This week, 44 well-known African and Africa-focused venture capital fund managers are being hosted by Oxford’s Saïd Business School’s Africa Venture Finance Programme. Their purpose is to exchange ideas and tactics on how to create a sustai... |
| 11.06.2024 | Africinvest doubles up on financial services sector in East Africa | Premium
Julius Tichelaar, partner, AfricInvest
AfricInvest, a pan-African private equity investment platform managing a portfolio of over 200 companies in more than 35 countries that is raising a new fund focused on small and medium enterpr... |
| 20.03.2024 | Uber Drives Moove's $100M Investment in African Mobility Fintech | Moove, an African mobility fintech, secures $100 million in funding led by Uber, pushing its valuation to $750 million. The investment will fuel Moove's expansion into new markets, offering vehicle financing to ride-hailing and delivery app... |
| 19.03.2024 | Moove Raises USD $100M in Series B Funding | Moove, an African mobility fintech that eases access to vehicle ownership for mobility entrepreneurs, raised USD$100M in Series B funding, at $750M valuation.
The round saw participation from Uber as well as existing investors Mubadala, The... |
| 19.03.2024 | Uber leads $100M investment in African mobility fintech Moove as valuation hits $750M | Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets.
Moove did not say who is leading the round, but so... |
| 19.07.2022 | AfricInvest and Cathay Innovation Complete Close of €110M Venture Fund | Share this:
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| 03.06.2022 | AfricInvest raised $400 M African midcap fund | AfricInvest, a prominent investment platform engaging in private equity, venture capital, private credit, and listed stocks, has announced the final closure of its AfricInvest Fund IV, which raised $411 million in total commitments.
AfricIn... |
| 27.05.2022 | AfricInvest has brought its Midcap-focused Fund Raising to a successful close, having raised over $400 million | The final close of AfricInvest Fund IV (AF IV) with total commitments of US$411 million has been announced by AfricInvest, an African investment platform.
Fund AfricInvest IV is the largest in the company’s history, and it follows on from t... |
| 14.03.2022 | Mobility sector vehicle financing options platform Moove raises $105 million as it charts a course for Europe | Nigerian-born, Amsterdam-headquartered Moove has raised $105 million in a Series A2 round. This raise adds on to a $23 million Series A round announced in August of last year, bringing the company’s total funding to date to $173.2 million.
... |
| 26.01.2022 | Speedinvest leads $3M pre-Series A funding for Ghana fintech OZÉ | Ghanaian fintech OZÉ provides bookkeeping tools for business owners to understand and improve their performance as well as access to capital to fuel growth. The company revealed that it raised $3 million in an oversubscribed pre-Series A fu... |
| 26.01.2022 | Speedinvest leads $3M pre-Series A funding for Ghana fintech OZÉ | Ghanaian fintech OZÉ provides bookkeeping tools for business owners to understand and improve their performance as well as access to capital to fuel growth. The company revealed that it raised $3 million in an oversubscribed pre-Series A fu... |
| 13.01.2022 | Westcap Announces Final Close of $285 million for Fund III, the Largest Private Equity Raise by a Saskatchewan-based Fund Manager | — Westcap Mgt. Ltd. (“Westcap”), is pleased to announce the final close of Westcap MBO III Investment LP (“Fund III” or the “Limited Partnership”) of $285 million. Upon its launch in spring 2021, Fund III targeted a minimum raise of $150 mi... |
| 10.11.2021 | MFS Africa collects $100M to expand its digital payments gateway across the region | Investor interest in African fintech continues to grab headlines with large fundraises. Today, Africa’s largest digital payments network MFS Africa joins the fray.
The company confirmed to TechCrunch that it has raised $100 million in Serie... |
| 10.11.2021 | MFS Africa raises $100m to continue expanding its digital payments network | MFS Africa, Africa’s largest digital payments network, has raised a $100 million Series C funding, an investment divided into two commitments: $70 million for equity and $30 million for debt financing.
The investment was co-led by AfricInve... |
| 16.09.2021 | 54gene Closes $25M Series B to Advance Global Drug Discovery Capabilities | |
| 15.09.2020 | Trump’s DFC investment play in African private funds and startups so far | Share this article:
On January 2, 2020, the Trump administration launched a new agency: the U.S. International Development Finance Corporation (DFC).
Acting as the US’ development bank, the agency was set to deepen the US’ foreign policy an... |
| 02.03.2020 | Le Wagon raises $19M to build a global coding bootcamp | French startup Le Wagon has raised its first round of funding after many years of bootstrapping. The company closed a $19 million funding round (€17 million) a few months ago. Cathay Capital is leading the round with AfricInvest also partic... |
| 20.11.2019 | French ride-sharing startup, Heetch aims to take on Uber in African countries, secures €3.6M in Series B | Based out of Paris, Heetch, a ride-sharing app, has raised $4 million (approx €3.6 million) from AfricInvest to complete its $42 million (approx €38 million) Series B.
Launched in 2013, Heetch, aims to build friendly and fair mobility solut... |
| 01.11.2019 | SA’s Vantage Capital provides Morocco’s Equity Invest with €8m mezzanine facility | SA mezzanine fund manager Vantage Capital has provided Equity Invest, a Moroccan holding company with six tech firms in its portfolio, with an €8-million mezzanine facility.
The facility is a hybrid of debt and equity financing.
Vantage Cap... |
| 01.11.2019 | SA’s Vantage Capital provides Morocco’s Equity Invest with €8m mezzanine facility | SA mezzanine fund manager Vantage Capital has provided Equity Invest, a Moroccan holding company with six tech firms in its portfolio, with an €8-million mezzanine facility.
The facility is a hybrid of debt and equity financing.
Vantage C... |
| 19.09.2019 | Raising funding in Africa? Here are 12 venture capitalists you should know about | If you’re reading this, chances are you’re a tech startup founder who is looking to raise venture capital (VC) funding.
The good news is as Africa’s VC sector continues to grow the amount of VC funding raised by startups this year is likely... |
| 19.09.2019 | Raising funding in Africa? Here are 12 venture capitalists you should know about | If you’re reading this, chances are you’re a tech startup founder who is looking to raise venture capital (VC) funding.
The good news is as Africa’s VC sector continues to grow the amount of VC funding raised by startups this year is likel... |
| 07.08.2019 | Kenya-based diagnostics startup Ilara Health raises $735k | Nairobi-based healthtech startup Ilara Health has raised $735 000 in seed funding from a group of angel investors and venture capital (VC) firms.
The angel investors that participated in the deal include Esther Dyson, Nijhad Jamal, Aadil M... |
| 07.08.2019 | Kenya-based diagnostics startup Ilara Health raises $735k | Nairobi-based healthtech startup Ilara Health has raised $735 000 in seed funding from a group of angel investors and venture capital (VC) firms.
The angel investors that participated in the deal include Esther Dyson, Nijhad Jamal, Aadil Ma... |
| 19.07.2019 | Everything you need to know about West African startup landscape [2019 Update] | Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to t... |
| 19.07.2019 | Everything you need to know about West African startup landscape [2019 Update] | Update: Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to t... |
| 10.05.2019 | InstaDeep raises $7m in round led by Tunisia’s AfricInvest | Enterprise artificial intelligence (AI) startup InstaDeep has raised a $7-million Series-A round led by Tunisian private equity firm AfricInvest.
Endeavor Catalyst — the co-investment fund of Endeavor, a non-profit organisation that suppor... |
| 10.05.2019 | InstaDeep raises $7m in round led by Tunisia’s AfricInvest | Enterprise artificial intelligence (AI) startup InstaDeep has raised a $7-million Series-A round led by Tunisian private equity firm AfricInvest.
Endeavor Catalyst — the co-investment fund of Endeavor, a non-profit organisation that support... |
| 02.05.2019 | Africa Roundup: Jumia’s IPO, DHL launches Africa e-Shop, Cathay’s $168M VC fund, ConnectMed acquired | The biggest news in a month of weighty African headlines was Jumia listing on the New York Stock Exchange.
After filing SEC IPO docs in March, the Pan-African e-commerce company’s shares began trading on the NYSE April 12, opening at $14.50... |
| 17.04.2019 | Cathay AfricInvest Innovation Fund to invest ticket sizes of up to €15m in African startups | The recently launched Cathay Africinvest Innovation Fund will invest ticket sizes of between €3-million and €15-million or the equivalent in local currency, Cathay Innovation co-founder Denis Barrier has recealed.
The fund, which was launch... |
| 17.04.2019 | Cathay AfricInvest Innovation Fund to invest ticket sizes of up to €15m in African startups | The recently launched Cathay Africinvest Innovation Fund will invest ticket sizes of between €3-million and €15-million or the equivalent in local currency, Cathay Innovation co-founder Denis Barrier has recealed.
The fund, which was launc... |
| 10.04.2019 | Cathay Innovation and AfricInvest to raise $168M Africa VC fund | Tunisia-based private equity firm Africinvest has teamed up with Cathay Innovation — the venture sub of Paris-based private equity firm Cathay Capital — to launch a new Africa tech fund with a target raise of $168 million.
Details are still... |
| 11.01.2019 | More private equity firms to participate in later stage million-dollar VC deals | This year, we are likely to see more private equity firms participate in later stage million-dollar VC deals, so believes the African Private Equity and Venture Capital Association (Avca) director and head of research Enitan Obasanjo-Adeley... |
| 11.01.2019 | More private equity firms to participate in later stage million-dollar VC deals | This year, we are likely to see more private equity firms participate in later stage million-dollar VC deals, so believes the African Private Equity and Venture Capital Association (Avca) director and head of research Enitan Obasanjo-Adeley... |
| 07.05.2018 | Private equity fund Africinvest to launch VC fund targeting startups on continent | Tunisia-based private equity fund AfricInvest is busy raising funds to launch a €120-million fund to invest in innovative new ventures across the continent, a top official at the company has revealed.
Speaking to Ventureburn last week, Afri... |
| 07.05.2018 | Private equity fund Africinvest to launch VC fund targeting startups on continent | Tunisia-based private equity fund AfricInvest is busy raising funds to launch a €120-million fund to invest in innovative new ventures across the continent, a top official at the company has revealed.
Speaking to Ventureburn last week, Afr... |
| 02.01.2018 | We Got Funded: Video Content Startup Buzzkito Raises US$1.7 Million From AfricInvest | January 2, 2018 3 min read
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
Stirring up MENA’s video development scene, Morocco-born st... |
| 08.11.2017 | Top private equity firms among over 100 investors to listen to AfricArena pitches | Officials from international private equity investors such as AfricaInvest, Global Founders Capital and Breega Capital were among the over 100 investors that listened to pitches at the inaugural AfricArena startup investment conference held... |
| 08.11.2017 | Top private equity firms among over 100 investors to listen to AfricArena pitches | Officials from international private equity investors such as AfricaInvest, Global Founders Capital and Breega Capital were among the over 100 investors that listened to pitches at the inaugural AfricArena startup investment conference held... |
| 18.10.2017 | Halifax Group Fund IV Raises $650M | WASHINGTON & DALLAS & RALEIGH, N.C.--(BUSINESS WIRE)--The Halifax Group is actively pursuing investments for Halifax Capital Partners IV, L.P. after raising capital earlier this year and meeting its hard cap of $650 million. Demand ... |
| - | AfricInvest | “Africinvest is an investment and financial services company. Th company has dedicated investment teams focused on North Africa and Sub-Saharan Africa.” |
| - | Mobility sector vehicle financing options platform Moove raises $105 million as it charts a course for Europe | Nigerian-born, Amsterdam-headquartered Moove has raised $105 million in a Series A2 round. This raise adds on to a $23 million Series A round announced in August of last year, bringing the company’s total funding to date to $173.2 million.
... |
| - | Africa’s fintech industry has scored another big-ticket investment win | The streak of big-ticket investment in African fintech companies shows no signs of stopping.
Cellulant, the digital payments solutions company operating in 11 African countries has raised $47.5 million in its Series C round—one of the larg... |
