Village Capital backs two Ghanaian startups with $350,000 from latest fund
Village Capital deployed $350,000 into two Ghanaian startups, marking the first investments from the AECF. The AECF is a $4 million fund launched in July 2025 to support startups addressing economic mobility and climate resilience.
Fincra expands Ghana presence with new payments licence approval
Fincra secures a Payment Service Provider Licence from the Bank of Ghana. The licence allows Fincra to process local transactions and accept payments in Ghanaian cedis.
Namibia-based firm to back early-stage Southern African startups with $10 million fund
Bellatrix Investment Managers launched the Ndjaba Seed Fund to support early-stage startups in Southern Africa. The fund has a target of $10 million and aims to invest in 35 to 50 startups over a ten-year period.
New Payments Partnership on Expanding Cardless Payment across Nigeria
Redtech, MoMo PSB, and UBA launched a payment interoperability partnership in Nigeria. The partnership connects banking-led merchant acceptance with telco-led mobile money wallets.
BFREE Closes Growth Round to Accelerate Its Pan-African Distressed Debt Business
BFREE closed a growth round to expand its capacity for acquiring non-performing loan portfolios. AfricInvest led the investment through its Financial Inclusion Vehicle, focusing on advancing financial inclusion in Africa.
