Saviu II, the francophone-focused fund, reaches second close of €25 million to invest in African startups
Saviu Ventures achieved a second close of €25 million for its second vintage fund, Saviu II. The fund received participation from Development Finance Institutions like DGGF and Proparco, as well as AXIAN Investment.
Ivorian Fintech Waribei Raises USD 817 K in Pre-Seed Funding
Waribei raises USD 817 K in pre-seed funding. Mstudio contributes USD 545 K to the funding.
Ivorian fintech Waribei secures funding to expand inventory financing solutions for local merchants
Waribei raised €750,000 in pre-seed funding. Funding contributions include €500,000 from Mstudio and €250,000 from Saviu Ventures.
Moroccan SaaS Startup Userguest Secures USD 2.2 M in Seed Funding
Userguest raised USD 2.4 million in seed funding. Funding round led by Al Mada Ventures.
Senegal Startup Rubyx Receives USD 526 K Loan from Proparco
Rubyx has secured a loan of USD 526 K from Proparco. The startup aims to facilitate the digital transformation of microfinance institutions.
