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.
Equator secures $55M to fund Africa’s early-stage climate tech startups
Equator closes a $55 million fund to support early-stage climate tech startups in Africa. Investments will target sectors like energy, agriculture, and mobility to promote sustainable development.
BasiGo Raises $42M to Accelerate Public Transport Electrification Across Sub-Saharan Africa
BasiGo raised $24 million in Series A equity funding. The funding round was led by Africa50 and included co-investments from multiple firms.
