Partech has led a $4m Seed round in Morocco-headquartered transport management software provider Freterium.
Actis has secured an impact-linked revolving subscription credit facility for its latest energy fund, Actis Energy 5.
Naspers, through its R1.4bn early-stage tech investment vehicle Naspers Foundry, has made a R15m ($1m) investment in Floatpays, an on-demand earned wage access platform that helps customers build financial wellness.
Spear Capital has invested in FML Logistics, a Zimbabwean-registered company focused on the transportation of petroleum products in Sub-Saharan Africa.
HAVAÍC, Aruwa Capital Management (Aruwa) and Asian African Investment & Consulting (AA-IC) have announced a joint $3.6m pre-series A investment in CrowdForce, a Nigerian crowdsourcing platform.
Endure Capital and International Finance Corporation (IFC) have co-lead a $25m Series A investment round in Brimore, Egypt’s largest social commerce platform.
Ezdehar Management, a private equity fund manager focused on Egypt, has announced a first close of its Ezdehar Mid-Cap Fund II (EMF II) at $168m.
The Emerging Africa Infrastructure Fund (EAIF) has provided a $35m loan over a 15-year term to the 40MW Kesses solar generation facility to be built near Eldoret in the Rift Valley region of Kenya.
General Atlantic, a global growth equity investor, has led a $40m Series B funding round in Reliance Health, an emerging markets-focused digital healthcare provider.
Kalon Venture Partners, Launch Africa and the IDF, have made a follow-on investment of over $1m in Carscan, an AI augmented reality app.
Fund for Export Development in Africa (FEDA), a development impact-oriented subsidiary of African Export-Import Bank (Afreximbank), has invested in Ecow-Gas, a liquefied natural gas (LNG) distribution infrastructure platform in the West Africa region.
NBK Capital Partners Mezzanine Fund II has closed a $10m financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech Moove.
DOB Equity together with Elea Foundation and A to Z Impact have invested in Kwanza Tukule, a Nairobi-based last-mile distribution business that supplies informal food vendors with staple foods to cook meals for their customers.
TLcom has announced a $70m first close for its $150m Africa-focused tech fund, firmly positioning the investor to become the largest independent VC firm fully dedicated to the continent.
