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.
Equator Africa gets $5 million to support climate tech innovation in Africa
Equator Africa closes an additional $5 million from IFC. Initial close of $40 million secured in April 2023.
African Venture Investment Sees Major Deals Despite Overall Market Contraction
Moove Africa's $100 million mega-deal propelled Nigeria to the forefront of Africa's funding landscape. Significant funding rounds in Kenya and Egypt highlighted these countries as key hubs for venture capital activity.
Funding in Africa’s Venture Capital Ecosystem Plummets 57% Amid Global Uncertainty
Total funding in Africa reached just $393 million, a steep 57% decline compared to the same period in 2023. The funding decline is particularly noticeable in the reduction of larger deals beyond Series 'A'.
SunCulture Secures $12 Million Funding to Boost Solar-Powered Irrigation in Sub-Saharan Africa
SunCulture has raised $12 million to scale its solar irrigation solution across Sub-Saharan Africa. The company aims to equip hundreds of thousands of smallholder farmers with IoT-enabled solar-powered irrigation by 2030.
