Equator Africa Fund secures $5M from Proparco to scale African climate startups
Equator Africa Fund secures $5 million from Proparco. Investment aims to support climate tech startups in Sub-Saharan Africa.
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.
