British International Investment is the UK's development finance institution, investing in sustainable businesses.
Wave raises $137 million to expand mobile money services across Africa
Wave raised $137 million in a debt round led by Rand Merchant Bank to boost working capital. The funding will help expand Wave's mobile money operations across new and existing markets.
Wave raises $137 million in debt to expand mobile money services across Africa
Wave raised a $137 million debt round to enhance working capital and expand operations. The funding will help scale mobile money operations and broaden financial access.
Aruwa Capital Management Secures $35 Million to Boost Women-Led Businesses in West Africa
Aruwa Capital Management secured $35 million in the second close of its gender-focused fund, Aruwa Capital Fund II. The fund aims to address the early-stage financing gap for women-led and gender-diverse enterprises in Nigeria and Ghana.
Aruwa Capital nears $50M target as it closes $35M for gender-focused fund II
Aruwa Capital Management secured $35 million for its second fund, Aruwa Capital Fund II. The firm is targeting a final close of $50 million, with a hard cap of $60 million.
VC Firm Equator Raises $55M To Back African Climate Tech
Equator has raised $55 million for its first fund to support early-stage climate tech startups in Africa. The funding environment for African climate tech ventures is tightening due to shrinking aid budgets and reduced capital from development finance institutions.
