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AHL Venture Partners hits $30.5 million first close for Africa Credit Fund I to back African businesses with flexible debt
May 27, 2026
The AHL Africa Credit Fund I is anchored by the AHL Charitable Foundation (AHLCF) and backed by three family offices.
Egypt’s MoneyHash taps Ozow veteran Hwan Lee to spearhead Africa growth strategy amid rising demand for payment infrastructure
May 27, 2026
Lee brings over eight years of FinTech experience to the role, most recently as Head of Partnerships at Ozow, one…
Nigeria’s OPay adds Google-backed Innovation Challenge to its $874k scholarship programme
May 26, 2026
Now rebranded as OPay Scholars for its 2026 edition, the programme is also adding an Innovation Challenge developed in partnership…
Africa GreenCo secures $10 million from Sanlam Alternative Investments to scale renewable energy trading across Southern Africa
May 26, 2026
The transaction gives Sanlam Alternative Investments a 10% stake in GreenCo and is intended to further expand the company's electricity…
South Africa’s Mia Healthcare raises $910k to expand affordable dental clinics and locally made aligners
May 25, 2026
Founded by Dr Zane Stennings and Dr Karishma Soni in 2021, Mia Healthcare is on a mission to improve access…
African Space Agency and ESA seek African Earth Observation startups and SMEs for new innovation programme
May 22, 2026
he programme is designed to help African Earth Observation (EO) startups and small and medium-sized enterprises (SMEs) sharpen their commercial offerings,…
Egypt’s ARRW secures $4 million from Tasheed Egypt to scale its licensed ride-hailing platform
May 21, 2026
The capital will be deployed across platform expansion, driver network growth, and technology development.
Impact Fund Denmark invests $25 million in New Forests Company to triple forest area and curb East Africa’s timber import reliance
May 20, 2026
The capital injection will significantly expand NFC's plantation footprint and strengthen local timber production across East Africa.
Nigerian-founded LemFi secures investment from Tether to power stablecoin remittances across Africa and Asia
May 19, 2026
Tether, issuer of USD₮, the world's most widely used stablecoin, announced the investment without disclosing the financial terms.
Lightrock closes $500 million Accelerate7 fund to back energy access startups across Africa and Asia
May 18, 2026
The strategy targets three core sectors: Access to Electricity, Clean Cooking, and Enabling Technologies and Solutions such as electric mobility…
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