VC Firm Equator Raises $55M To Back African Climate Tech
Equator has raised $55 million for its first fund to support early-stage climate tech startups in Africa. The funding environment for African climate tech ventures is tightening due to shrinking aid budgets and reduced capital from development finance institutions.
LoftyInc Capital Secures $43M First Close for New Pan-African Fund
LoftyInc Capital Management raised $43 million in the first close of its LoftyInc Alpha Fund. The fund targets key African markets including Nigeria, Egypt, Kenya, and Francophone Africa.
OADC is a Proud Sponsor of Digital Finance Africa 2024
Digital Finance Africa 2024 conference OADC Open Access Data Centres announced as a sponsor
Lesaka Acquires South African Fintech Firm Adumo for $85.9 Million
Adumo, South Africa's largest independent payments processor, has been acquired by Lesaka for ZAR1.59 billion (US$85.9 million). Adumo has been on an acquisition spree, purchasing SwitchPay, WireCard, GAAP, SureSwipe, iKhokha, and other smaller payment startups.
African Tech Ventures Unlocking UK Capital Markets and Exits
The Africa Tech Summit London connects industry leaders, entrepreneurs, and investors to collaborate and drive growth within the African tech industry. The London Stock Exchange continues to be a leading listing venue for ambitious businesses from around the world, providing access to international
