Image Credit: Proparco Venture Capital Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations. By Newsroom Team • a day ago
Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa.
Sep 8, 2026 Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations. Image Credit: Proparco
Sep 8, 2026 Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa. Image Credit: Africa Investor Review
Sep 8, 2026 Capitalworks Secures $15 Million from Proparco for Fourth Flagship Fund to Back South African Mid-Market South African private equity heavyweight Capitalworks has secured a $15 million commitment from Proparco to drive mid-market expansion, strengthen ESG standards, and catalyze employment across the region. Image Credit: Proparco
Dec 13, 2023 Bboxx and EnerTech Launch $100 Million Electrification Platform at COP28 to Expand Clean Energy Across Africa Data-driven super-platform Bboxx and Kuwait’s EnerTech have partnered on a $100 million electrification initiative announced at COP28, designed to scale essential clean technology, smart financing, and e-mobility services across 11 African markets. Image Credit: Bboxx