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Inside Africa
IFC backs Lightrock’s New Africa Growth Fund with $20M
IFC has proposed a commitment of up to $20 million to Lightrock Africa Fund II, paired with a separate $5 million co-investment sleeve under delegated...
29 March 2026
Aqua-Spark Closes $48M Africa Aquaculture Fund After Scaling Back Initial $300M Target
Aqua-Spark has completed the final close of its Africa-focused aquaculture vehicle with $48 million under management, ending a multi-year fundraising ...
29 March 2026
Norrsken22 Leads $2.35M Seed Round for SA's Anti-fraud Startup Orca
South African fintech startup Orca has raised a $2.35 million seed round to expand its fraud-prevention platform for payment systems in emerging marke...
29 March 2026
African Payments Orchestrator NjiaPay Lands $2.1M Seed to Tackle Fragmented Payment Systems
Payment performance partner NjiaPay has closed a $2.1 million seed funding round led by European B2B SaaS investor Newion....
29 March 2026
Zeno Lands $25M Series A to Grow Battery-Swap Network for East Africa’s Motorbike Economy
Zeno has secured a $25 million Series A round to accelerate production of its battery-swap motorcycles and expand its charging network....
29 March 2026
Moroccan-Senegalese Startup Weego Closes $1.1M to Accelerate Digital Transport Infrastructure
Moroccan-Senegalese startup Weego, founded by Saad Jittou and Mor Niane, today announced it has closed a $1.1 million funding round with Azur Innovati...
29 March 2026
Government-backed Capital Fuels Eyone’s Bid to Modernize Healthcare Data in Senegal
Dakar-based Eyone Medical has secured an additional 1 billion CFA francs, about $1.7 million, from Oyass Capital, the investment arm backed by FONSIS....
29 March 2026
African Lender Fido Secures $5.5M to Expand AI-Driven MSME Lending
Fido Ghana has raised $5.5 million in debt financing to expand its AI-based lending platform, as the digital lender steps up efforts to reach small bu...
29 March 2026
Spiro Closes $50M to Scale Africa’s Largest Battery-swapping Network
Kenya-based electric mobility company Spiro has secured $50 million in fresh funding as it scales its battery-swapping infrastructure for two-wheel ve...
29 March 2026