30 results
- 13 Nov 2023
Global Venture Capital Investment Fell by 30% to $73B in Q3 2023 -Report
Venture capital investment fell sharply in the third quarter of 2023, with global deal value down 30% year-on-year to $73 billion, according to market researcher, PitchBook. This is the lowest level…
- 6 Jun 2016
1st Nigeria’s Venture Capital Summit Holds in June
The Venture Capital Advocacy Summit, the first of its kind in Nigeria that will bring together all the critical elements that could facilitate the entrenchment of the Venture Capital Culture in the…
- 5 Jan 2021
Capital Investment in African Tech start-ups Drops by 71.7%
Capital investment into African tech start-ups in 2020 declined by 71.7%, reflecting the disruption of COVID-19 on venture capital flows. According to the African Venture Capital 2020 report by…
- 15 Dec 2013
Peninsula Capital, Others Make 2nd Round Growth Capital Investment in Rancard
Rancard has announced that it has concluded its second institutional investment round led by Peninsula Capital, a private investment management company, based in Menlo Park, California. Also…
- 8 Jul 2026
Flutterwave Secures Circle Ventures Investment to Deepen USDC Payment
Flutterwave has secured a strategic investment from Circle Ventures, the venture capital arm of Circle Internet Group, to accelerate the expansion of its USDC payments and settlement infrastructure…
- 24 Oct 2022
Flourish Ventures Launches Africa-Focused Pre-Seed Investment Platform Madica
Flourish Ventures, a global venture capital firm investing in mission-driven fintech entrepreneurs, has announced the launch of affiliate Madica, a structured investment program for pre-seed stage…
- 26 Mar 2024
IFC Invests in New 4DX Ventures Fund to Support Tech Startups in Africa
IFC is investing $10.5 million in a new fund by 4DX Ventures, a New York-based venture capital firm focused on supporting early-stage African technology companies across a broad set of sectors,…
- 19 Jun 2023
Seedstars, Fondation Botnar Launch Seedstars Youth Wellbeing Ventures with $20M Investment in Africa
Seedstars Capital and Fondation Botnar have announced the launch of the Seedstars Youth Wellbeing Ventures mandate. Together, they intend to invest $20 million in early-stage, purpose-driven…
- 22 Sept 2020
Aptive Capital Dangles $10,000 Equity-Investment in Three African Startups
Aptive Capital, a US-based Venture Capital (VC), has announced its investment in three early-stage businesses in Africa; Nigeria, and Uganda. Earlier in June 2020, the Africa-focused investment…
- 29 Sept 2015
Johnson Joins TLcom Capital to Open Lagos Shop, to Lead W/Africa Investments
Venture capital firm TLcom Capital (TLcom) has announced the appointment of Omobola Johnson the ex-minister of Communications in Nigeria, as a general Partner to open and head their new office in…
- 28 Apr 2018
IFC Venture Capital Supports Disruptive Technologies in Sub-Saharan Africa
IFC, a member of the World Bank Group, has announced that it led the $8.6 million Series A equity investment in Africa’s Talking, a Kenyan based communication-platform-as-a-service (“cPAAS”) API…
- 17 Jul 2017
FG to Boost Music, Film, others with $1m Venture Capital
Alhaji Lai Mohammed, minister of Information and Culture, has announced the establishment of $1million Venture Capital to boost the Creative Industry. The minister made the announcement at the…
- 9 May 2022
Uduanu, Sigma Pensions Boss Seeks Venture Capital for Startups
Mr Dave Uduanu, the managing director and chief executive officer, Sigma Pensions, has said that startups in Nigeria and Africa require more venture capital funding to accelerate their growth. He…
- 8 Feb 2024
Nigerians in Diaspora to Float N100bn Venture Capital Fund, SMEs Bank
A group of Nigerians based in the US, Canada, the Caribbean, Europe and South Africa is planning a N100 billion Venture Capital Fund and also a specialized bank targeted at Small and Medium…
- 18 Jul 2022
Cassava Technologies Announces $50m Strategic Investment from C5 Capital
Cassava Technologies (Cassava), Africa's first integrated tech company of continental scale, and owners of Africa Data Centres (ADC) announced that it has secured a US$50 million investment from C5…
- 10 Jan 2024
EIB Global Invests $30M in Seedstars Africa Ventures I
Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a US$30 million equity investment by EIB Global in the Seedstars Africa Ventures I venture…
- 29 Nov 2022
Seedstars Launches Platform to Develop Emerging, Diverse VC Managers
Seedstars officially launches Seedstars Capital, its investment platform for emerging venture capital (VC) fund managers with the support of xMultiplied, a Swiss based investment holding company. The…
- 19 Apr 2022
AfDB Earmarks €9.8m Equity Investment to Drive Tech
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of €9.8-million to support venture capital investments in African start-ups, from seed to growth…
- 7 Aug 2024
Founders Factory Africa Rebrands to 54 Collective
Founders Factory Africa (FFA), leading African venture capital firm has announced its rebrand and name change to 54 Collective, evolving its business model to better support transformative technology…
- 8 Dec 2024
Seedstars Africa Ventures I Announces $42m First Close
Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the…
- 30 Jun 2026
Bank of Industry Appoints Kuramo Capital as Manager of Dice Fund of Funds
The Bank of Industry (BOI), the Implementing Agency for the Investment in Digital and Creative Enterprises (iDICE) Programme of the Federal Government of Nigeria, has announced the appointment of…
- 12 Jul 2017
Google launches AI investment Arm
Google is taking the wraps off Gradient Ventures, its artificial intelligence venture capital project that will make investments in early-stage AI startups. The new company, which formally launched…
- 19 Jul 2022
AfricInvest, Cathay Innovation Complete Final Close of €110M Pan-African Venture Fund
AfricInvest, a multi-asset investment platform in Africa and global venture capital firm Cathay Innovation, have completed the final close of their joint Pan-African Venture fund, Cathay AfricInvest…
- 22 Nov 2021
Investment One to Drive Market Expansion with New Solution
Investment One Financial Services through its Venture Capital subsidiary, Investment One Vencap Limited has taken a stake in Paycode, a rapidly growing fintech business focused on financial inclusion…
- 19 May 2026
Google, Blackstone Invest in AI Cloud Venture to Meet Data Centre Demand
Google and Blackstone (BX.N), said they will form an artificial intelligence cloud business venture aimed at capitalising on an insatiable demand for AI computing services. Blackstone, the world's…
- 7 Nov 2025
Ventures Platform, Nigerian Firm Raises another $64m
Ventures Platform, Nigerian venture capital firm has announced the first close of its second Africa-focused fund, raising $64 million of a planned $75 million. Dotun Olowoporoku, general partner; and…
- 12 Aug 2015
Venture Garden Nigeria gets $20m Investment Fund from CPCIF
Convergence Partners has announced an investment of $20m by the Convergence Partners Communications Infrastructure Fund (CPCIF) for a strategic, minority stake in Venture Garden Nigeria (VGN), a…
- 26 Oct 2021
Autochek Secures $13.1mn Seed Funding to Scale its Technology, Accelerate Expansion
Autochek, the automotive technology company facilitating auto financing across Africa, has today secured $13.1mn in seed funding. Co-led by follow-on investors, TLcom Capital and 4DX Ventures, the…
- 16 Mar 2023
Nigeria's OnePipe Secures N2.25Bn Collateralized Credit Facility from TLG Capital
TLG Capital, a pan-African alternative investments firm, on Thursday announced that it has partnered with OnePipe to provide credit services to the informal sector in Nigeria. The firm provided up to…
- 26 Jun 2016
IFC Aims to Spur Innovation in Emerging Markets
IFC, a member of the World Bank Group, plans to double to $1 billion its portfolio of venture capital investments over the next two years to support technology entrepreneurs and accelerate innovation…