Norfund is the Norwegian Investment Fund for Developing Countries, focusing on sustainable investments.
Novastar Ventures closes $147 million third fund to drive pan-African ambitions
Novastar Ventures closed its third fund, NVIII, securing $147 million for climate-focused startups. The fund received commitments from Japanese investors including SBI Holdings and SMBC.
Wave raises $137 million in debt to expand mobile money services across Africa
Wave raised a $137 million debt round to enhance working capital and expand operations. The funding will help scale mobile money operations and broaden financial access.
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.
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.
