South African Investment Firm Edge Growth Secures Major Funding to Boost Local Business Growth
Edge Growth acquires $2.1 million for SME support in South Africa. Investment portfolio includes startups like TSL Legal, Rentoza, DKN Transport, and SweepSouth.
Ivorian D2C Startup Lapaire Raises USD 2.9 M
Lapaire raises USD 2.9 million in financing. Funding provided by AfricInvest and Proparco.
African eyewear startup Lapaire secures funding to expand into Senegal, Tanzania
Lapaire secures $2.5 million from AfricInvest. Proparco contributes €450,000 through its Bridge by Digital Africa facility.
Africa’s climate tech sector needs winners to justify recent funding jump
DFIs have become the primary funding source for African VC firms, influencing the VC landscape. Climate tech funding in Africa reached $1.04 billion in 2023, marking a 9% increase from the previous year.
Senegal Startup Rubyx Receives USD 526 K Loan from Proparco
Rubyx has secured a loan of USD 526 K from Proparco. The startup aims to facilitate the digital transformation of microfinance institutions.
