The International Finance Corporation (IFC) is a member of the World Bank Group and focuses on private sector development in developing countries.
South Africa’s Naked Insurtech Closes $38M Series B Round
Naked secured $38 million in Series B funding, the largest insurtech investment in Africa. The funding round was led by BlueOrchard with support from IFC, Hollard, Yellowwoods, and DEG.
Ventures Platform Raises $64M for Series A-Focused Fund
Ventures Platform has secured $64 million for its second investment fund. The fund aims for a final close of $75 million.
Ventures Platform Secures $64M to Power Africa’s Next Tech Wave
Ventures Platform announced a $64 million first close for its second fund, VP Pan-African Fund II. The fund aims for a final close of $75 million to deepen early-stage investments across Africa.
Acumen raises $246M to scale clean energy in Africa
Acumen raised $246.5 million for the Hardest-to-Reach (H2R) initiative. The H2R initiative aims to expand clean energy access to 70 million people in sub-Saharan Africa.
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.
