Fund
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Funding
IBM Launches $500M Fund for AI Startups
IBM has announced that it is launching a $500 million venture fund to invest in a range of AI companies…
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Funding
Africa Online Safety Fund Reveals Grant Recipients
The Africa Online Safety Fund (AOSF) has announced the winners of this year’s grants, with between US$10,000 and US$50,000 given…
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Funding
Zambian Private Equity Fund Secures $100 Million in Initial Funding
Monter Capital Partners, based in Port Louis, successfully concludes the initial funding round of $100 million for its flagship fund,…
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SMEGO Launches Platform To Enable Small Businesses Raise Funds In South Africa
South African Fintech startup SMEgo has launched a platform that will make business funding and grants easily accessible to founders and small…
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SwedFund Commits $12M In Set Fund To Boost Renewable Energy Projects In Africa
Swedfund, the Swedish development finance institution, has committed $12m to SunFunder’s Solar Energy Transformation (SET) Fund.The investment will contribute to increased…
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ProfitShare Partners Launches A $5.9 Million Fund For South African SMEs
ProfitShare Partners, the South African fintech business that provides disruptive short-term capital solutions (from R250,000 — R5m) and transactional support to SMEs who have…
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African Development Bank Group approves $10 million equity in Razorite Healthcare Fund for Africa
The Board of Directors of the African Development Bank has approved a $10-million equity investment in Razorite Healthcare Africa Fund…
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