Swedfund Invests $15 Million in AGIF II to Support African SMEs and Job Creation
Swedfund invests $15 million in TLG Capital’s AGIF II to support African SMEs. AGIF II focuses on SMEs experiencing financial stress, providing flexible debt solutions.
Swedfund backs TLG fund with $15 million to strengthen SMEs
Swedfund invests $15 million in TLG Africa Growth Impact Fund II to support SMEs in Africa. The SME finance gap in sub-Saharan Africa is estimated at $331 billion.
OmniRetail raises $20M Series A to scale Africa’s informal retail infrastructure
OmniRetail secured $20 million in Series A funding to expand across Nigeria, Ghana, and Côte d’Ivoire. The funding round was co-led by Norfund and Timon Capital, with participation from several other investors.
OmniRetail shakes up Africa’s B2B e-commerce market with $20M Series A
OmniRetail raised $20 million in Series A funding to enhance its operations in West Africa. The funding round was co-led by Norfund and Timon Capital, marking Norfund's first direct equity investment in an African startup.
