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Madica, a program by Flourish Ventures, steps up pre-seed investing in...

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Madica, an investment program launched by US-based investor Flourish Ventures to back pre-seed startups in Africa, plans to invest in up to 10 ventures...

TLcom Capital closes second fund at $154M to back early-stage startups...

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Image Credits: TLcom CapitalVenture capital activity in Africa has shown resilience over the past six months, with major firms on the continent closing their...

Morocco’s future will be investment

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Morocco's investment sector is set to grow significantly in the coming years. The government is taking measures for this emerging market. In particular, investment...

Adenia Closes Fifth Flagship Fund Oversubscribed at $470M

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BEAU PLAN, Mauritius, April 03, 2024--(BUSINESS WIRE)--Adenia Partners ("Adenia"), a leading private equity firm focused on growth opportunities in Africa, has successfully closed its...

American Investment In African Startups Declined by 50% in 2023

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According to a recent survey, venture capital inflows to African technology and start-up firms declined 31% in 2023 to $4.5 billion as economic headwinds...

African VC Firm P1 Ventures Secures USD35 Million for Second Fund

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– P1 Ventures, a US-based African venture capital firm, successfully secured $35 million in its second funding round for Fund II. – The raised capital...

Vibaantta Global acquires US-based BGE Global Distribution Inc

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Vibaantta Global Pvt Ltd, a producer and exporter of agro commodities, has acquired BGE Global Distribution Inc, a Florida-based company specialising in the distribution...

COTU Ventures launches $54M fund for pre-seed and seed startups in...

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Image Credits: COTU VenturesDubai-based early-stage venture capital firm COTU Ventures is announcing that it has raised $54 million for its inaugural fund to support...

How African startups raised funding in 2023

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Image Credits: Simonkolton / Getty ImagesAfter defying the global funding slowdown of 2022, VC investments in African startups dropped considerably last year, mirroring the...

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