Acumen raises $246M to scale clean energy in Africa

Impact investor Acumen has secured $246.5 million to expand clean energy access in Africa’s hardest-to-reach markets.

Circle Ventures places $20M bet on Africa’s stablecoin future

Circle Ventures has invested in CV VC’s $20 million African Blockchain Fund, marking a major bet on Africa’s stablecoin-powered future.

Janngo backs Moroccan recruitment startup Jobzyn with undisclosed funding

Janngo invests in Moroccan startup Jobzyn to transform AI recruitment in Africa and MENA, boosting access to jobs for youth and women.

Egypt’s Intella raises $12.5M to advance arabic AI

Intella raises $12.5M to expand Arabic AI speech tech with 95.73% accuracy, targeting 25+ dialects and scaling across MENA.

PocketLawyers secures undisclosed funding to solve legal pain points

"For us at Nubia Capital, this isn’t just a smart investment—it’s a strategic one," said Davidson Oturu, General Partner at Nubia Capital.

Liquify, a Ghanaian female-led startup, raises $1.5 million seed to close Africa’s trade finance gap

Liquify, an invoice finance marketplace, secures $1.5M seed funding led by Future Africa. The fintech has already financed $4M worth of trade.

Egyptian Autotech Sylndr closes $15.7M Series A to drive digital transformation in used car market

The investment underscores growing investor confidence in technology-driven solutions to modernise traditionally fragmented sectors in Africa.

Swedfund backs TLG fund with $15 million to strengthen SMEs

Swedfund has invested $15 million in the TLG Africa Growth Impact Fund II to help bridge Africa’s SME financing gap. The fund targets job creation and economic recovery for small and medium-sized businesses, working alongside global partners.

Yango Group launches $20 Million Venture Fund to empower African startups

Yango Group, a global tech company, has introduced Yango Ventures, a $20 million corporate venture fund aimed at supporting early-stage startups across Africa and other emerging markets. The fund seeks to drive innovation in O2O services, B2B SaaS, and fintech while offering mentorship and strategic support.

Go Big Partners and 216 Capital Ventures invest in Tunisia’s Juridoc for African expansion

Go Big Partners and 216 Capital Ventures invest in Tunisia’s Juridoc.tn to drive its expansion into the OHADA region, boosting LegalTech innovation across Africa.

ORA Technologies bags $1.9M to expand Morocco’s consumer tech ecosystem

With 92.2% internet penetration and 54.9 million mobile connections, Morocco is ripe for fintech growth. ORA Technologies’ $4.4M funding and 300K downloads signal investor confidence in local tech.

Naked secures $38 million to advance AI-driven Insurance in South Africa

The latest funding builds on Naked’s success in securing $17 million in a Series B round in February 2023.