Disruptech Ventures Gears Up for Next Chapter with AI, Ecosystem Synergies, and Strategic Growth
Disruptech Ventures is preparing to accelerate its impact in 2025 and 2026 with a focus on AI and cross-sector collaborations. The fund has invested in 21 early-stage startups and has a capital deployment of about two-thirds of its $36 million fund.
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.
LoftyInc Capital Secures $43M First Close for New Pan-African Fund
LoftyInc Capital Management raised $43 million in the first close of its LoftyInc Alpha Fund. The fund targets key African markets including Nigeria, Egypt, Kenya, and Francophone Africa.
OADC is a Proud Sponsor of Digital Finance Africa 2024
Digital Finance Africa 2024 conference OADC Open Access Data Centres announced as a sponsor
Lesaka Acquires South African Fintech Firm Adumo for $85.9 Million
Adumo, South Africa's largest independent payments processor, has been acquired by Lesaka for ZAR1.59 billion (US$85.9 million). Adumo has been on an acquisition spree, purchasing SwitchPay, WireCard, GAAP, SureSwipe, iKhokha, and other smaller payment startups.
