British International Investment is the UK's development finance institution, investing in sustainable businesses.
Ethiopia-based Dodai raises $13 million to expand battery-swapping EV network
Dodai closed a $13 million Series A funding round to expand its electric motorbike and battery-swapping network in Addis Ababa. The funding includes $8 million in equity and $5 million in debt, with participation from various investors including British International Investment.
Novastar Ventures closes $147 million fund for African startups
Novastar Ventures closed its third fund, raising $147 million. The fund is named Africa People and Planet Fund III.
Novastar Ventures closes $147 million fund for African startups
Novastar Ventures closed its third fund, raising $147 million for the Africa People and Planet Fund III. The new fund is a 40% increase from the previous fund, which closed at $108 million in May 2020.
Debt Financing Reaches All-Time High in African Tech: The $1.6B Milestone
In 2025, African tech startups raised $1.64 billion through debt financing, a 63% increase from 2024. The number of debt transactions reached a record 108 deals, up 40% from the previous year.
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.
