Date | Title | Description |
16.09.2024 | Fido, a digital financial services platform, has secured $30 million in funding | Fido, a Ghanaian digital financial services platform, secured $30 million in debt and equity capital.
The equity portion of the capital ($20 million) comes from BlueOrchard-managed InsuResilience Investment Fund Private Equity II (IIF II) a... |
13.09.2024 | Fintech Surge Amidst VC Drought in MENA | The Middle East and North Africa (MENA) region is witnessing a fintech revolution. This week, fintech startups are at the forefront of fundraising, even as venture capital (VC) investment takes a significant hit. The numbers tell a stark st... |
13.09.2024 | MENA Digest: Fintechs lead fundraising this week; VC investment falls in August | Credit: 123RF.com
Venture capital funding activity in the Middle East and North Africa (MENA) region was led by fintech startups this week. These included Egyptian digital payments solutions provider Paymob, and UAE-based fintech firm FlapK... |
13.09.2024 | Egyptian fintech startup Paymob raised additional $22 M Series B funding, total stands at $72 M | Paymob, an Egyptian fintech startup, has raised an additional US $22 million to extend its Series B round to US $72 million. This will allow the company to continue pursuing its growth strategy both domestically and throughout the MENA regi... |
12.09.2024 | Paymob's Bold Leap: A $22 Million Series B Extension Fuels Fintech Expansion in MENA | In the fast-paced world of fintech, Paymob is making waves. The Egypt-based financial services enabler has just announced a $22 million extension to its Series B funding round, bringing the total to a staggering $72 million. This move under... |
12.09.2024 | Paymob Extends Its Series B To US$72 Million With The Investments Of EBRD Venture Capital And Endeavor Catalyst The extension round follows Paymob's continued profitability in its core market of Egypt... | Egypt-based financial services enabler Paymob has announced a US$22 million Series B extension round, taking the company's total Series B funding to $72 million.
The funding was led by EBRD Venture Capital, the venture investing arm of the ... |
21.08.2024 | Nigerian Banks Navigate Recapitalization: Strategies and Innovations | Nigerian banks are in a race against time. They face a monumental task: raising N1.29 trillion in just three months. This is not just a number; it’s a lifeline. The Central Bank of Nigeria (CBN) has set strict capital adequacy requirements.... |
15.08.2024 | FCMB and FMO Seek Agricultural Solutions in Nigeria with Agritech Hackathon | First City Monument Bank (FCMB) and the Dutch Entrepreneurial Development Bank (FMO) are joining forces to ignite innovation in Nigeria’s agricultural sector through an Agritech Hackathon and Venture Building programme. The initiative, deli... |
05.08.2024 | BluSmart backer responsAbility marks second close of Asia climate fund | Credit: VCCircle
Switzerland-based impact investor responsAbility Investments AG has marked the second closing of its Asia-focused climate fund after securing a commitment from parent M&G plc.
M&G committed $100 million to the fund,... |
30.07.2024 | Over 200 employees laid-off by agritech firm Waycool | In an effort to increase profitability, Waycool, a supply chain company for agriculture, has let go of more than 200 workers across several departments. This is the company’s third round of layoffs; it is based in Chennai.
“Each of WayCool’... |
27.07.2024 | The Agritech and Edtech Exodus: A Tale of Layoffs and Shutdowns | The startup landscape in India is undergoing a seismic shift. Agritech and edtech sectors, once seen as fertile ground for innovation, are now facing a harsh winter. Companies like Waycool and Bluelearn are making headlines for all the wron... |
27.07.2024 | Village Capital led funding raised by Kenya’s Aquarech, Nigeria’s CoAmana | Village Capital has announced that it has invested through its Reducing Inequalities Investment Facility in two innovative startups that are changing the lives of farmers: Kenya’s Aquarech and Nigeria’s CoAmana.
Since its founding in 2012, ... |
27.07.2024 | Flagship MENA fintech-focused accelerator in Egypt launched by Changelabs | With the goal of assisting fintech startups in developing their products and obtaining capital, the entrepreneurial support organization Changelabs has opened its flagship Fintech for a Future accelerator in Egypt.
Together with industry ev... |
26.07.2024 | Agritech firm Waycool lays off more than 200 employees | Agriculture supply chain firm Waycool has laid off over 200 employees across departments as the company eyes profitability. This is the third round of layoffs at the Chennai-based company.
“Each of WayCool’s businesses is executing their pl... |
25.07.2024 | Central Bank of India Soars with Record Profits Amidst Market Shifts**
** | ** The Central Bank of India (CBoI) has emerged as a phoenix from the ashes, reporting a staggering 110% increase in net profit for the first quarter of FY25. The bank's net profit reached ₹880 crore, a significant leap from ₹418 crore in t... |
19.07.2024 | Northern Arc and Sai Life Look To Raise Funds Through IPO: Secures SEBI Green Light Non-banking credit provider Northern Arc Capital and pharma company Sai Life Sciences, both have filed their respect... | Non-banking credit provider Northern Arc Capital and pharma company Sai Life Sciences, both have filed their respective draft papers with the Indian market regulator Securities and Exchange Board of India (SEBI) for a fundraising of a combi... |
16.07.2024 | Africa REN launches construction of Walo storage, its pioneering energy storage project in West Africa | Africa REN, a leading developer of renewable energy projects in sub-Saharan Africa, announces the commencement of construction of Walo Storage, an innovative lithium battery energy storage unit. Located in Bokhol, Senegal, Walo Storage is t... |
02.07.2024 | Validus Secures US$17.57M Debt Financing from Oikocredit and FMO | - |
26.06.2024 | Northern Arc Capital's Financial Leap with FMO Investment | Northern Arc Capital Limited, a non-banking financial company (NBFC), has secured a significant boost of USD 75 million from the Dutch development bank FMO. This investment, made through senior secured non-convertible debentures (NCDs) list... |
25.06.2024 | Northern Arc Capital raises $75 million from Dutch Development Bank FMO | Northern Arc Capital Limited, a diversified non-banking financial company (NBFC), has raised $75 million (about ₹620 crore), from FMO, the Dutch entrepreneurial development bank.
Also read:Educational lending platform Propelld raises $25 mi... |
25.06.2024 | Northern Arc Capital secures $75M from FMO via senior NCDs on BSE
Recommended Stories For You | Non-banking financial company (NBFC) Northern Arc Capital Limited has secured $75 million from Dutch development bank FMO through senior secured non-convertible debentures (NCDs) listed on BSE, with a five-year tenure.
This transaction bo... |
25.06.2024 | IPO-Bound Northern Arc Bags $75 Mn Debt From Dutch FMO | SUMMARY
The NBFC raised the funds by issuing non-convertible debentures to the Dutch entrepreneurial development bank
It plans to deploy the fresh proceeds to fuel its retail microloans, MSME loans and green loans
Northern Arc’s revenue for... |
25.06.2024 | Northern Arc Secures USD 75 Mn Boost for Micro and Green Loans Projects The funds raised will be deployed in retail microloans, MSME loans, and green loan projects. | Northern Arc Capital Limited, a non-banking financial company (NBFC), has secured USD 75 million via senior secured non-convertible debentures (NCDs) listed on the BSE, with a five-year duration, from the Dutch development bank FMO. With th... |
19.06.2024 | Aye Finance: Empowering MSMEs Through Financial Inclusion Efforts | Aye Finance, a leading non-banking finance company, recently secured a substantial ₹250 crore in debt funding from FMO, the Dutch entrepreneurial development bank. This significant funding injection is poised to play a pivotal role in bolst... |
19.06.2024 | Aye Finance raises $30 Mn in debt from FMO | Microlending platform Aye Finance has raised Rs 250 crore ($30 million) in debt funding from FMO, the Dutch entrepreneurial development bank. This is the second funding for the Gurugram-based company in the past six months.
The proceeds fro... |
18.06.2024 | Aye Finance secures ₹250 crore debt funding from FMO to boost financial inclusion efforts | Aye Finance, a non-banking finance company, has raised ₹250 crore ($30 million) in debt funding from FMO, the Dutch entrepreneurial development bank.
This Capital G (Google parent Alphabet’s investment arm)- backed fintech plans to use the ... |
18.06.2024 | Aye Finance Raises INR 250 Cr Debt Funding To Fuel MSME Lending | SUMMARY
Aye Finance raised the debt funding from Dutch entrepreneurial development bank FMO
The fresh capital will be used to disburse loans to underserved micro, small and medium enterprises across India
Aye Finance claims to have disburse... |
18.06.2024 | Aye Finance secures Rs 250 Cr debt funding from FMO | MSME lender Aye Finance has secured Rs 250 crore (around $30 million) in debt funding from Dutch entrepreneurial development bank FMO.
"Our association with FMO dates back to 2019 and through our collaborative efforts, we have been m... |
04.06.2024 | FMO to invest $40m in Indian NBFC Satin Creditcare Network | Dutch development bank FMO has committed to investing $40 million in Indian non-banking financial company (NBFC) Satin Creditcare Network Ltd. (SCNL), according to a disclosure. |
03.06.2024 | Yola Fresh banks $7m to end smallholder farmer reliance on middlemen and boost access to fair pricing | Morocco-based Yola Fresh recently secured $7 million in pre-Series A funding for its platform that streamlines the market linkage between smallholder farmers and retailers.
Al Mada Ventures led the round with participation from Algebra Vent... |
01.06.2024 | Agritech startup YoLa raised $7 M Pre-series A funding | A $7 million pre-Series A funding round has been secured by YoLa Fresh, a Moroccan agritech startup that is creating an open and sustainable fresh food supply network. Leading the round was Al Mada Ventures, with participation from FMO, the... |
27.05.2024 | Satin Creditcare raises ₹332 crore from Dutch Entrepreneurial Development Bank FMO | New Delhi
Satin Creditcare Network Ltd (Satin Creditcare) has raised ₹332 crore from sovereign Dutch Entrepreneurial Development Bank FMO. The funds have been mobilised by the company through issuance of non convertible debentures (NCDs).
T... |
22.05.2024 | KKR invests in PH higher education group PHINMA | Private equity major KKR has agreed to invest in PHINMA Education, a higher education group based in the Philippines, according to an announcement on Wednesday.
KKR is investing from its Global Impact Fund II, a vehicle that targets compani... |
21.05.2024 | $152.5 M Digital Transformation Fund launched by Accion to assist small businesses with growth capital | Worldwide nonprofit Accion has introduced the US $152.5 million Accion Digital Transformation Fund (ADTx), which aims to give financial institutions the growth capital and strategic support for digital transformation they need to better mee... |
07.05.2024 | Horizon Capital планирует освоить $350 млн инвестиций в Украине в течение 2 лет, идет поиск проектов | Как известно, в начале 2024 года фонд Horizon Capital Growth Fund IV (HCGF IV) от инвесткомпании Horizon Capital привлек $350 млн для финансирования частных компаний в Украине, увеличив общую сумму активов под управлением до $1,6 млрд.
Сред... |
18.04.2024 | Powering Progress: BECIS Secures $50M for Southeast Asia Expansion | BECIS, a leading energy-as-a-service provider, secures a joint financing facility of $50 million from BII and FMO to grow its rooftop solar portfolio in South and Southeast Asia. This investment will help BECIS avoid 319,000 tonnes of CO2 e... |
15.04.2024 | BII and FMO back BECIS with joint US$50 million financing facility supporting commercial and industrial renewables sector in South-East Asia | The joint financing facility will support the energy-as-a-service provider to grow its rooftop solar portfolio in South and South-East Asia to nearly 350 MW by 2025, which will help avoid 319,000 tonnes of CO2 emissions per year.
Supported ... |
09.04.2024 | India: Dutch lender FMO proposes $30m investment in Everstone-backed Energy Mark | Dutch development bank FMO has proposed to invest $30 million in Energy Mark Pte. Ltd., a Singapore holding company set up by Eversource Capital, a joint venture between Indian private equity firm Everstone Capital and the UK-based Lightsou... |
05.04.2024 | Adenia Partners Closes Oversubscribed Fund at $470M | Adenia Partners, a private equity firm focused on African growth, has successfully closed its fifth fund, Adenia Capital V, at $470 million. The fund attracted commitments from global investors, with 60% coming from existing backers like DE... |
05.04.2024 | Innoviti Technologies Secures INR 40 Cr in Series E Funding | Innoviti Technologies, a Bengaluru-based startup, has successfully secured INR 40 crore in Series E funding led by Bessemer Venture Partners and Patni Family Office. The company plans to use the fresh funds to drive its mid-market expansion... |
03.04.2024 | Adenia Closes Fifth Flagship Fund Oversubscribed at $470M | Share this:
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03.04.2024 | Adenia Closes Fifth Flagship Fund, at $470M | Adenia, a Beau Plan, Mauritius-based private equity firm focused on growth opportunities in Africa, closed its fifth fund, Adenia Capital V, at $470M.
AC(V) received commitments from new and existing investors globally. More than half (60%)... |
02.04.2024 | India-based Innoviti Technologies raises INR 40 crore in the ongoing Series E round | Banglore, India-based Innoviti Technologies Pvt. Ltd., India’s largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, raised INR 40 crore (approx USD 47 million) in the first close of its ongoing... |
04.12.2023 | Strong partnerships ‘at the core’ of Africa’s agrifoodtech transformation, say AAII forum panelists | “Funding smallholder farmers in the current environment has become quite difficult, particularly when we are relying on external resources,” Chris Hart, executive chairman of Impact Investment Group South Africa, told attendees to the sixth... |
24.11.2023 | Why FMO & Endeavor are partnering again to help African agrifoodtech startups ‘become investment ready’ | Agrifoodtech innovators in Africa are under constant pressure to build business models and operations that will attract venture capitalists.
But though the ecosystem has witnessed an exponential increase in funding over the past decade — fr... |
16.11.2023 | FMO mulls $10m investment in Vietnam-focused ABB's second PE fund | Dutch development bank FMO is considering a proposal to invest $10 million in the second private equity (PE) fund of Vietnam-focused investor Asia Business Builders (ABB), according to a disclosure. |
18.10.2023 | Data snapshot: Farm management software adoption still low in Africa despite need for it | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
11.10.2023 | Data snapshot: Macro-headwinds put Africa’s normally resilient supply chain startups to the test | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
04.10.2023 | Data snapshot: Investment capital shifts to growth stage startups in African agrifoodtech ecosystem | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
27.09.2023 | Data snapshot: the largest funding rounds of the decade for Africa agrifoodtech | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
25.09.2023 | Technology can’t solve everything but more Africa agrifoodtech investment is critical as climate change impacts and food insecurity worsen | Last week we published our second Africa agrifoodtech investment report and it was a bumper edition of over 50 pages showcasing when and where investors are placing bets on the region’s food and agriculture startup community.
Seemingly immu... |
21.09.2023 | Data snapshot: Kenya, Nigeria and Egypt lead the way for agrifoodtech investment in Africa | Data snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
14.09.2023 | NEW REPORT: African agrifoodtech startups face headwinds as VC funding drops sharply from record-breaking 2022 | Disclosure: AgFunder is the parent company of AgFunderNews.
There’s no denying 2023 has been a gloomy year so far for agrifoodtech financing in Africa — as is the case in most other markets around the world.
Africa’s food and agriculture te... |
28.06.2023 | Brief: Omnivore to pump $150m into India’s agrifoodtech startups with first close of third fund | Indian agrifoodtech investor Omnivore has announced the first close of its third fund, with $150 million to invest in startups developing breakthrough technologies for agriculture, food, climate, and the rural economy.
A pioneer in Indian a... |
15.06.2023 | Finnfund and FMO back SATYA MicroCapital with USD 35 million to make formal finance more accessible to women in India | Finnfund and FMO back SATYA MicroCapital with USD 35 million to make formal finance more accessible to women in India
Thu, Jun 15, 2023 08:36 CET Report this content
Finnfund, the Finnish development financier and impact investor, and FMO, ... |
29.05.2023 | FMO approves $25m investment in responsAbility's agri, food fund | Dutch development bank FMO is investing a total of $25 million in Climate-Smart Agriculture & Food Fund, the $200-million close-ended debt fund launched by Swiss impact investor responsAbility and global research firm CGIAR.
In a disclo... |
07.02.2023 | Partech raises €245 million for second Africa fund | Parisian investor Partech has announced an initial €245 million close for its second AfricaTech LP vehicle, surpassing its overall funds target of €230 million.
Partech Africa II's LP roster includes media group Bertelsmann and an African e... |
01.02.2023 | FMO mulls $10m investment in Accion Venture Lab's latest fintech fund | Dutch development bank FMO has proposed to invest $10 million in the latest fintech fund of Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion.
The proposed investment is for Accion Venture Lab II, an early-... |
14.11.2022 | Dutch development bank FMO mulls $30m investment in India-focused climate fund | Dutch development bank FMO has proposed to invest $30 million in India-focused private equity investor GEF Capital Partners’s third climate-focused fund, according to a disclosure seen by DealStreetAsia.
The South Asia Growth Fund III (SAGF... |
03.10.2022 | Egyptian venture capital firm Algebra Ventures hits first close of second fund at $100M | Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million fund invested in 21 startups across Egypt and the Middle East.
Wh... |
27.09.2022 | BREAKING: Farmerline nets $1.5m from Oikocredit in second close of $14m pre-Series A round | Farmerline Group, a Ghanaian agribusiness marketplace today announced the second close of a Pre-Series A round with an additional $1.5 million investment from social impact investor Oikocredit.
The investment is part of a total funding roun... |
21.09.2022 | Data snapshot: 90% of African agrifoodtech investment went to Nigeria, Egypt and Kenya | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new r... |
20.09.2022 | African agrifoodtech startups raise $1.1 billion in five years but still just 1 per cent of global market | The African agrifoodtech industry is rapidly gathering pace, according to the inaugural AgFunder Africa AgriFoodTech Investment Report in collaboration with the Dutch Entrepreneurial Development Bank (FMO) and British International Investme... |
20.09.2022 | African agrifoodtech startups raise $1.1 billion in five years but still just 1 per cent of global market | The African agrifoodtech industry is rapidly gathering pace, according to the inaugural AgFunder Africa AgriFoodTech Investment Report in collaboration with the Dutch Entrepreneurial Development Bank (FMO) and British International Investme... |
20.09.2022 | BREAKING: Africa agrifoodtech startups raise $1bn in 5 years, but just 1% of global investment | Africa has seen a substantial rise in the volume of venture capital flowing into the continent. While the majority of investments go to Africa’s surging fintech sector, agrifoodtech startups are also seeing a bump in investor interest.
Last... |
29.08.2022 | Startupbootcamp AfriTech adds Dutch Entrepreneurial Development Bank to list of partners for Cohort 3 of the ASIP Accelerator Program | The Dutch Entrepreneurial Development Bank (FMO), a leading impact investor that supports sustainable private sector growth in frontier markets, has partnered with leading pan-African tech accelerator, Startupbootcamp (SBC) AfriTech, for th... |
05.06.2022 | Inside the event where founders and investors pitch and judge each other | On a sunny yet windy afternoon in Dakar, Senegal, inside the conference hall of the 5-star, oceanfront Terrou-Bi Resort, hundreds of tech operators listened as a man in a T-shirt and blazer stood before a panel of 4 judges seated across the... |
04.06.2022 | Inside the event where founders and investors pitch and judge each other | On a sunny yet windy afternoon in Dakar, Senegal, inside the conference hall of the 5-star, oceanfront Terrou-Bi Resort, hundreds of tech operators listened as a man in a T-shirt and blazer stood before a panel of 4 judges seated across the... |
11.05.2022 | Sasfin invests millions in SME digital banking services | Sandile Shabalala, Sasfin chief executive of business and commercial banking.
Financial services group Sasfin has deployed millions of rands in capital to drive its new digital banking
BANKING UC-Wireless is a solutions-based distributor fo... |
10.05.2022 | We’re partnering with Equity Group and IFC to support small business lending and climate-smart projects in Africa | We’re partnering with Equity Group Holdings to increase access to financial services for small businesses and fund climate eligible projects in six countries across Eastern and Central Africa. |
10.05.2022 | We’re partnering with Equity Group and IFC to support small business lending and climate-smart projects in Africa | We’re partnering with Equity Group Holdings to increase access to financial services for small businesses and fund climate eligible projects in six countries across Eastern and Central Africa. |
26.04.2022 | Farmerline raises $13m to connect West African farmers with services, buyers with data | The digitalization of African agriculture is in its early days. But companies like Farmerline believe it’s the key to improving and advancing a sector that supports a majority of livelihoods on the continent.
Farmerline, an agribusiness mar... |
22.04.2022 | 5 African climate-smart agriculture investors helping close a $106bn climate finance gap | Since 1970, the world has celebrated Earth Day, a day that focuses on green living and tackling the environmental crisis. Through Earth Day, humans have been made aware of the harm they cause to the environment. They have also been enlighte... |
23.02.2022 | 10 startups join Endeavor & FMO’s cohort to accelerate agrifoodtech in Africa | FMO is a supporter of AFN’s coverage of agrifoodtech in Africa. For more information, read our press release about the partnership.
Venture capital investment in Africa is off to a roaring start, surpassing $1 billion in just the first seve... |
15.02.2022 | FMO proposes $18m investment in Jungle Ventures’s fourth fund | Premium
Dutch development bank FMO has proposed an $18-million investment in the fourth Southeast Asia-focused venture capital fund of Singapore-based VC firm Jungle Ventures. FMO is already an existing limited partner or investor in Jungle... |
29.11.2021 | Q&A: Aerobotics co-founder James Paterson on centering the farm in ‘farm tech’ | Disclosure: AFN’s parent company AgFunder, and network partner FMO, are investors in Aerobotics.
Farm tech investments have been on a tear. Last year the sector, which covers agricultural technologies that sit closest to the farm (think rob... |
27.10.2021 | BREAKING: Farmer marketplace DeHaat scores $115m in India’s biggest-ever agtech round | Disclosure: AFN’s parent company, AgFunder, is an investor in DeHaat.
Ag marketplace DeHaat has raised $115 million in Series D funding, it announced today. The round was co-led by Belgium’s Sofina and Indian branch of the UK’s Lightrock.
S... |
27.10.2021 | Farmer marketplace DeHaat scores $115m in India’s biggest-ever agtech round | Disclosure: AFN’s parent company, AgFunder, is an investor in DeHaat.
Ag marketplace DeHaat has raised $115 million in Series D funding, it announced today. The round was co-led by Belgium’s Sofina and Indian branch of the UK’s Lightrock.
S... |
27.10.2021 | Full-stack Agritech platform DeHaat raises US$115 million in series D round | New Delhi, India -27 October 2021- DeHaat, thetechnology-based platform offering end-to-end agricultural services to farmers in India,today announced it has raised US$115 million in Series D funding, led by Belgium based investment firm Sof... |
26.10.2021 | We’re partnering with FMO and AgFunder to launch an African agritech news and research platform | CDC Group and FMO have partnered with AgFunder to launch a dedicated African agrifoodtech news and research platform. AFN Africa will research and report on new startups, technologies and investments in the agriculture and food sectors acro... |
26.10.2021 | AFN Africa: Investing in knowledge & information to accelerate innovation in African agriculture | This post has been published in partnership with FMO. The author is Maurice Scheepens, a senior investment officer with FMO’s Ventures Program who focuses on developing and implementing its agritech strategy.
There’s a $1 trillion market op... |
26.10.2021 | We’re partnering with FMO and AgFunder to launch an African agritech news and research platform | CDC Group and FMO have partnered with AgFunder to launch a dedicated African agrifoodtech news and research platform. AFN Africa will research and report on new startups, technologies and investments in the agriculture and food sectors acro... |
26.10.2021 | We’re partnering with FMO and AgFunder to launch an African agritech news and research platform | CDC Group and FMO have partnered with AgFunder to launch a dedicated African agrifoodtech news and research platform. AFN Africa will research and report on new startups, technologies and investments in the agriculture and food sectors acro... |
21.09.2021 | No respite for Zamfara, Infibranches’ $2 million pre-seed, dopay’s Series A round | Share this article:
Good day,
Today I’m discussing:
Zamfara telco shutdown extension
Infibranches’ $2 million pre-seed
dopay’s Series A round Come hang out with the Techpoint Africa team
On September 30 2021, the Techpoint Africa team will ... |
16.09.2021 | Acumen’s new ag fund ushers commercial capital to farmers’ fight against climate change | Editor’s note: AFN’s coverage of the emerging African agrifoodtech sector is supported by Dutch development bank FMO.
A third of the world’s food is grown on farms less than two hectares in size. That food supply is increasingly jeopardized... |
08.09.2021 | VeggieVictory is making meat alternatives suited to African tastes | Editor’s note: AFN’s coverage of the emerging African agrifoodtech sector is supported by Dutch development bank FMO.
Hakeem Jimo and Bola Adeyanju started one of the first fully vegan restaurants in Lagos to solve a problem they were all t... |
06.09.2021 | Kibanda TopUp aims to boost the long-term resilience of Africa’s food vendors | Editor’s note: This is the first story from AFN Africa. Our coverage of Africa’s emerging agrifoodtech sector is supported by Dutch development bank FMO.
Growing up in Zambia’s capital Lusaka, Njavwa Mutambo witnessed first-hand the trouble... |
12.08.2021 | IFC and FMO Partner with I&M Bank Ltd. to Support Small and Medium-sized Businesses in Kenya | Nairobi, Kenya, August 12, 2021 - To help smaller businesses across a range of sectors in Kenya access financing for working capital, expansion, and to weather the effects of COVID-19, IFC and FMO, the Dutch entrepreneurial development bank... |
20.05.2021 | FMO mulls $10m investment in Laos, Cambodia-focused PE fund | Premium
Dutch development bank FMO has proposed a $10 million investment in ASEAN Frontier Markets Fund LP, a sector-agnostic PE fund targeting investments in small and medium enterprises in Cambodia and Laos, according to a disclosure.
Con... |
18.05.2021 | CDC invests in the first close of Ascent Rift Valley Fund II | African private equity fund manager Ascent today announced the first rolling close of its Ascent Rift Valley Fund II (ARVF II) at more than USD 100 million, significantly exceeding its initial target of USD 80 million. The final close of AR... |
11.05.2021 | FMO, CDC Group, Swedfund and IFC participate in first close of Nepal-focussed Dolma Impact Fund II | Dolma Fund Management announces the first close of Dolma Impact Fund II (Dolma II) – a private equity fund investing primarily in renewable energy, healthcare and technology in Nepal. Investors in this $40m first close are FMO, the Dutch en... |
06.05.2021 | International Collaboration of development finance organisations agree new steps to increase the resilience of economies threatened by the climate emergency | The Group of G7 Development Finance Institutions working together under the DFIs+ Adaptation and Resilience Collaborative has put forward a practical plan to the G7 on actions to accelerate investments in adaptation and resilience. |
06.05.2021 | International Collaboration of development finance organisations agree new steps to increase the resilience of economies threatened by the climate emergency | The Group of G7 Development Finance Institutions working together under the DFIs+ Adaptation and Resilience Collaborative has put forward a practical plan to the G7 on actions to accelerate investments in adaptation and resilience. |
06.05.2021 | International Collaboration of development finance organisations agree new steps to increase the resilience of economies threatened by the climate emergency | The Group of G7 Development Finance Institutions working together under the DFIs+ Adaptation and Resilience Collaborative has put forward a practical plan to the G7 on actions to accelerate investments in adaptation and resilience. |
13.04.2021 | Kılıç Deniz gets EUR 80 million loan to support expansion plan | Kılıç Deniz Urunleri has received a EUR 80 million (USD 95.5 million) syndicated lending facility from two European development banks.
Dutch development bank FMO has committed EUR 65 million (USD 77.6 million) and French development finance... |
09.04.2021 | Egyptian fintech startup Paymob secures US $ 15 million in Series A | Paymob, a Cairo based Egyptian digital payments enabler, announced on 8th April 2021 that it has raised US $ 15 million in its series A round. The round was led by Global Ventures along with participation from FMO and A15. |
11.02.2021 | European VC funds are building community around ESG initiatives | Johannes Lenhard Contributor
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Dr. Johannes Lenhard is Centre Coordinator at the Max Planck Cambridge Centre for Ethics, Economy and Social Change.
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Why don’t more VCs care about good tech (yet)?... |
22.01.2021 | South African startup raises $17m to use drones and satellites to provide farmers with crop data | The experiments started at a citrus farm in Cape Town where James Paterson was born. By 2014, that passion became Aerobotics – a startup that has now raised $17m from investors to help farmers grow fruits and trees using images from satelli... |
19.01.2021 | Ag marketplace DeHaat banks $30m in Naspers-led Series C round | Indian agribusiness marketplace DeHaat has raised $30 million in Series C funding, with new investor Prosus Ventures — the VC arm of South African internet giant Naspers — leading the round.
Also investing in the startup for the first time ... |
19.01.2021 | PROSUS N.V.
Prosus N : Full-stack agritech platform DeHaat raises US$30 million Series C led by Prosus Ventures | New Delhi, India -19 January, 2021 - DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, today announced it has raised US$30 million in Series C funding, led by Prosus Ventures (formerly Nasp... |