Thandiwe Maqetuka, Keet van Zyl, and Catherine Young | Image Credit: GrindstoneXL Venture Capital Grindstone Ventures Launches New $31.2 million Fund to Close Africa's Post-Seed Funding Gap The newly established vehicle, led by an all-female founding team, is designed to bridge the post-seed funding gap and prepare high-growth African enterprises for Series A readiness. By Newsroom Team • 41 minutes ago
Mauritius Commercial Bank Structures $51 Million Loan to Support Tolaram Group's Guinness Nigeria Refinancing The Mauritian financial institution has finalized a strategic medium-term facility to help the Singaporean multinational optimize its capital structure following its high-profile acquisition of Guinness Nigeria.
Sep 9, 2026 Grindstone Ventures Launches New $31.2 million Fund to Close Africa's Post-Seed Funding Gap The newly established vehicle, led by an all-female founding team, is designed to bridge the post-seed funding gap and prepare high-growth African enterprises for Series A readiness. Thandiwe Maqetuka, Keet van Zyl, and Catherine Young | Image Credit: GrindstoneXL
Sep 9, 2026 Mauritius Commercial Bank Structures $51 Million Loan to Support Tolaram Group's Guinness Nigeria Refinancing The Mauritian financial institution has finalized a strategic medium-term facility to help the Singaporean multinational optimize its capital structure following its high-profile acquisition of Guinness Nigeria. Image Credit: Guinness Nigeria
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
Sep 3, 2026 Mauritius-Based AI Boutique Spoon Consulting Secures Minority Equity Investment from AfricInvest Small Cap Fund The specialized digital transformation consultancy has brought in AfricInvest to scale its proprietary AI architectures and accelerate expansion across Africa and Europe. Image Credit: AfricInvest
Sep 2, 2026 South Africa-Focused Regtech Instarc Secures €1.25 Million to Accelerate Cloud-Native Compliance Platform Rollout The strategic investment round, led by HFO Investments, will scale the firm's modular regulatory infrastructure designed to streamline customer due diligence and FICA compliance. Image Credit: Instarc Technologies
Jan 5, 2026 Flutterwave Acquires Open Banking Startup Mono in All-Stock Deal Valued Up to $40 Million African payments giant Flutterwave has acquired Nigerian open banking infrastructure startup Mono, marking a major strategic milestone in the continent's digital financial services ecosystem. IMAGE CREDITS: MONO
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