Proparco
Jetstream, a Ghanaian e-logistics platform for Africa’s B2B importers and exporters, takes in $13M equity, debt
The market for cross-border logistics services is said to hit revenues of $32 billion by 2025, with several companies vying for market share in the ever-growing competitive industry. Ghanaian e-logistics…
Pan-African ‘gender equal investor’ Janngo Capital hits first close of €60M fund
After stints at Jumia as its former managing director at its Nigerian office and founding CEO of its Ivorian office, Fatoumata Bâ, a veteran of the African tech space, announced…
TLcom Capital targets $150M for its second fund to invest in 20 African startups
TLcom Capital, the Africa-focused venture capital firm known to have made bets on Andela and Twiga, is raising $150 million for its second fund targeted at making early- and late-stage…
Accion Venture Lab launches $23M inclusive fintech startup fund
Accion Venture Lab — the seed-stage investment arm of nonprofit Accion — has raised $23 million for a new inclusive fintech startup fund. The Accion Venture Lab Limited Partnership, as…
African fintech startup Jumo raises $12.5M more to fund Asia expansion
Months after a big round, African fintech startup Jumo has pulled in a fresh $12.5 million to add more fuel for its expansion into Asia Pacific. The new investment comes…
Africa Roundup: Paga goes global and 4 startups raise $99M in VC
Nigerian digital payments startup Paga is gearing up for international expansion with a $10 million round led by the Global Innovation Fund. The company is exploring the release of its payments product in…
Africa’s Jumo raises $52M led by Goldman to bring its fintech services to Asia
Asia’s fintech scene is poised to get a little larger after Jumo, a company that offers loans to the unbanked in Africa, revealed plans to expand into the continent. To…
MallforAfrica goes global, Kobo360 and Sokowatch raise VC, France explains its $76M fund
B2B e-commerce company Sokowatch closed a $2 million seed investment led by 4DX Ventures. Others to join the round were Village Global, Lynett Capital, Golden Palm Investments and Outlierz Ventures.
Weeks after French President Emmanuel Macron unveiled a $76 million African startup fund at VivaTech 2018, TechCrunch paid a visit to the French Development Agency to get more details on how le noveau fonds will work.
