Venture Capital
East Africa
Cross-border private capital flows, infrastructure project financing, private equity investments, and venture expansions across East African economies.
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3IF Ventures Makes Landmark Debut Investment with Strategic Backing of Embedded Insurance Platform Turaco
Dedicated impact investor 3IF Ventures announces Turaco as its inaugural portfolio company, deploying capital to scale microinsurance penetration and address structural coverage gaps across emerging markets.
Africa Go Green Fund Doubles Spiro Commitment to $36 Million to Scale East African E-Mobility
Cygnum Capital-managed climate debt fund injects an additional $18 million into electric two-wheeler pioneer Spiro, accelerating infrastructure deployment across Uganda and Rwanda.
Lendable Reaches $255 Million Final Close on Second MSME Fintech Credit Fund
Impact-focused asset manager Lendable closes its second MSME Fintech Credit Fund (LMFCF II) at $255 million, leveraging blended finance to expand debt capital access for fintechs and financial services providers across emerging markets.
Biochar Industrial Group Secures $1.5M Pre-Seed Funding to Scale Pan-African Infrastructure
Founded by former Releaf Earth executives, climate-tech startup Biochar Industrial Group closes a funding round led by Breega to deploy on-site pyrolysis equipment and monetize agricultural waste into audit-grade carbon credits.
BlueOrchard Climate Action Mobilisation Fund Reaches First Close With $250M
The Schroders-backed impact investor secures significant institutional capital for its flagship blended finance vehicle, creating an investment-grade path for private deployment into emerging and frontier climate strategies.
Madica Deploys $1M into Five African Startups, Expanding into Algeria and Cameroon
The pre-seed investment program broadens its geographic reach beyond Africa's traditional tech hubs, writing $200,000 checks into underserved markets and non-fintech sectors.
Kenya High Court Voids Vodacom’s $1.6B Safaricom Stake Acquisition, Ordering Shares Returned to State
A three-judge bench strikes down the controversial cross-border transaction, ruling that the government’s divestiture of a strategic national asset violated public participation laws and constitutional thresholds.
Twiga Foods Enters Administration as $35 Million Rescue Package Falls Short
East Africa's premier B2B retail distribution platform yields to mounting debt and structural pressures after raising over $185 million across its lifetime.
Absa Bank Kenya Confirms Long-Serving Insider Yusuf Omari as Substantive Managing Director and CEO
Following a two-month interim tenure, the seasoned banking executive steps into the permanent top post, bringing over two decades of institutional history to lead the lender’s next strategic phase.
Nigerian Credit Infrastructure Startup CreditChek Acquires Ugandan Core Banking Provider Algosys to Accelerate East African Expansion
The strategic acquisition combines Algosys’s core banking and loan management technology with CreditChek’s credit, income, and identity intelligence to build full-stack lending infrastructure across Africa.
Flutterwave Powers Digital Access for Landmark Dangote Refinery IPO
Acting as a licensed receiving agent, the payments technology major is providing the core infrastructure to streamline retail and diaspora subscriptions for the world’s largest single-train refinery.