France’s development agency that promotes private investment in developing countries.
Proparco backs new EmTech venture fund for Francophone Africa
Proparco has become a key backer of EmergingTech Ventures Fund II. The fund targets a close of $60 million, with potential growth to $80 million.
Digital Africa Launches $58M Seed Fund Targeting Overlooked African Markets
Digital Africa has launched the Digital Africa Seed Fund (DASF) at the Africa Forward Summit in Nairobi on 12 May 2026. The DASF aims to raise between €30 million and €50 million to invest in technology startups.
African Development Bank Approves €6.5 Million Investment in Saviu II Venture Capital Fund
The African Development Bank Group approved a €6.5 million investment in Saviu II on February 27, 2026. Saviu II is a venture capital fund that succeeded Saviu I, which launched in 2018 with a €10 million fund backing 12 startups.
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.
