Empower Africa

Scalar International and Mergence Investment Managers have launched a $150 million private equity fund to support clean energy and digital infrastructure in Southern Africa. The Africa Decarbonisation Fund I will target sectors like data centres and manufacturing, which are struggling with unreliable power. Investments will focus on energy efficiency, smart grids, EV infrastructure, and renewable solutions. Learn more: https://lnkd.in/ddPa8J7y Hubèrt Gutsa Randy David Dr. MK Dorsey Ronel Bantjes Masimo Magerman Radebe Sipamla Zainap Levy Bongani Jack Damoline Muruko Rizaan Samuels CA(SA) Victoria Zaal Tshepiso Appie Peter Takaendsa Unathi Hewana Mohamed Ismail Alex Abrahams Elifas Luaanda Ibrahim Fish John Afordofe CA(SA) Papali Edith Tejane Hugh Tyrrell Chito Siame Piwokuhle Sotshononda Izak van Niekerk Charmaine Febana Andy Howard CA(SA), CFA Malose Mamashela Semoli M. Patric Ho Fazila Manjoo #empowerafrica #africa #investinafrica

Stitch, a South African payments infrastructure company, has raised $55 million in a Series B round, bringing its total funding to $107 million. The round was led by QED Investors, with participation from Flourish Ventures, Norrsken22, Glynn Capital, Ribbit Capital, PayPal Ventures, firstminute capital, and Trevor Noah. The company plans to use the funds to expand its offerings and strengthen its presence across Africa. Learn more: https://lnkd.in/dWYDehvq Thea Sokolowski Ephraim Waithaka Rida Zainab Sheena Ganatra Bernard Bravenboer Kiaan Pillay Junaid Dadan Robbie van Eck Jessica Manthey Johan Bosini Ujjal Valjee Priyen Pillay Lucille Wilcox Miguel Da Costa Jordan Sher Simone le Roux Robert Lee Richard Duffy CA(SA) Richard Morecroft Colette Romon Brett Mostert Abhilasha Jha 🇿🇦Henk van Jaarsveld Ashish Aggarwal Grant James Sam Endacott Bill Cilluffo Gbenga Ajayi Cole Lundquist Girish Ramkumar Nigel Morris Amias Gerety #empowerafrica #africa #investinafrica

Development Partners International (DPI) has launched DPI Venture Capital to invest in early-stage and growth-focused tech startups in Africa. As part of this move, DPI has taken over as investment advisor for Egypt’s Nclude Innovation Fund, which has backed companies like Paymob, Khazna, and FlapKap. Nclude, supported by Banque Misr, National Bank of Egypt, Banque du Caire, e-Finance Investment Group, EBC, and Mastercard, manages $105 million in assets. The new platform is led by Ashley Lewis, with Mohamed Aladdin joining as General Partner. Learn more: https://lnkd.in/d_F2ybnM Imane Radouane Yomon AlMallah Shruti Chandrasekhar Babacar Ka Sofiane Lahmar Muna A. Salma Farouk Charlie Watson ACA, CFA Runa Alam Claudia Robles Kelly Finn Joanne Y. Saifallah Ghazi Ziad Abaza Omar El Kholy Marc Stoneham Jade Del lero Eduardo Gutierrez-Garcia Aïssatou D. Adefolarin Ogunsanya Lilia Fatma KRICHENE Paul Gabriel Benjamin Donelien ACMA, CGMA Bassirou Niang Eleanor Davis Andrea Bryce Ghali Filali Lindsay Reid (Chartered MCSI) Nabil Jamal Eddine #empowerafrica #africa #investinafrica

This Ghanaian private equity expert is helping build strong African businesses that create jobs and grow the local economy. Through her work, she supports entrepreneurs with capital and guidance to scale their companies and make a lasting impact. Her efforts are shaping a new generation of African enterprises—resilient, impactful, and rooted in community development. Meet Shirley S.. She is a Partner at CCA, a firm investing in high-potential businesses across West Africa. She is also a board member of West Africa Vocational Education (WAVE), a nonprofit that trains youth for the job market. Today, we feature her in our series of the #AfricanChangeMakers. Learn more about her: https://lnkd.in/dGf595Mu Oyetolani Oyewolu Esosa Osayi Moses Olabode Tolulope Alade Yomi Jemibewon Folashade Dapo Raphael Awe-Obe Tunji Sekoni Daniel Adedoyin Moyosoluwa Afolabi Glory Adika, ACA Aminat Salako, CFA David Agbontaen Hannah Chidinma Obasi Sophia Okeke #empowerafrica #africa #investinafrica

FSD Africa Investments (FSDAi) is investing $12.5 million into the ARM-Harith Infrastructure Investment Limited to boost climate-resilient infrastructure in Nigeria. The fund, managed by ARM-Harith Infrastructure Investment Limited, aims to attract local pension funds by offering early returns and reducing risk. The initiative is expected to unlock an additional $38.75 million in pension fund contributions and support around 3,000 green jobs. Learn more: https://lnkd.in/dcNTBtBX C Musumba Elizabeth Njambi Anne Mbugua Mary Kashangaki Derick Omollo CPA-K, MSc. Kaara Wainaina Frank Maimu Titus Kisenga Golda Bagaja Zillah Malia Amos Gachuiri Alphonce Mwangi Hosborn Wamukoya Marc Nyunzi Walter Ngode Rahab Munyoroku Dorothy Maseke ,CFIRM Rachel Moré-Oshodi Dr Nelson Ogunshakin FREng OBE Toluwani Olisama (Abe) Derek Chime Efe Taiwo Okoh LUQMAN AWARI-YUSUF, CFA, ACS Dele Oyinbojuni Jemima Gathumi Tolulope Babajide, MBA Evans Osano, DBA Mark Napier Stacy Goga Juliet Munro Matthew Rudd Zee de Gersigny #investinafrica #africa #empowerafrica

Egyptian quick commerce startup Rabbit has raised undisclosed funding for its expansion. The funding came from Lorax Capital Partners, Global Ventures, RAED Ventures, and Beltone Venture Capital, along with existing backers like Global Founders Capital and Hub71. Founded in 2021 by Ahmad Yousry, Walid Shabana, Ismail Hafez, and Tarek ElGeresy. Learn more: https://lnkd.in/dG8ZPTN5 Shaza Yahia Nada Osman Menna Rateb Abdulaziz Osama Bader Ahmed Ganzory Omar Salah Ibrahim Ahmed Mazen Nassar Ayman Mohy Yehia El Sayed Karim ElGezery Karim Loutfy Mohamed GadElhak Ahmed Hesham Mahmoud Abohussein Sarah Zalata Ehab Elkashef Abdelrhman Elokbe Mayada Abd Elsalam Ali Khalil Abdelrahman Salem Ahmed Zaki Haytham AlQadi Omar Fathy Mohamed Arafa Nora Mashhour Amr Fikry Hamdy Mohamed Sadek Sherif Salem #empowerafrica #africa #investinafrica

This Cameroonian engineer and entrepreneur is transforming how people move and work in African cities. Through his startup, he is helping bring order, safety, and financial support to one of the most common — yet informal — transport systems in the region. His work is improving livelihoods, creating jobs, and helping cities grow in a smarter and more inclusive way. Meet Patrick Timani. He is the Co-Founder and CEO of BEE - Mobility & Financing — a company that’s turning informal transport into a professional, tech-enabled service. From Cameroon to the DRC, and with support from global partners like Google for Startups, Patrick is showing how local innovation can drive change on the continent. Today, we feature him in our series of the #AfricanChangeMakers. Learn more about him: https://lnkd.in/g96R7um8 Frédérique Ndjossu Hervé Fabien MABOM Timo Fahrer MARTIN DAGA Andrea Mbayabo Vinoth Sarun Ashu Brandon Guellord Tshibangu #empowerafrica #africa #investinafrica 

New GX Capital Holdings (PTY) Ltd and RMB Ventures have launched the Airnergize Capital Fund I with an initial $120 million investment to boost clean technology in South Africa. The fund aims to reach $200 million and will focus on renewable energy, gas, and water infrastructure. Its first investment is in Sustainable Power Solutions (SPS) Africa, a New GX portfolio company specializing in solar and battery systems. Learn more: https://lnkd.in/gbbbabnU Wouter Viljoen Tessa Turvey Ntokozo Mtshali, FMVA® Christopher Flavin Kevin John Davies Beauron Damons Mike Searle Francois Van Themaat Kai Nietner Siphumelele Mqadi Charles Neethling Daniel Van Gool Andries Duvenhage Garth Cloete Esihle Vellem Hanno Mostert Marié Jones Marié Jones #empowerafrica #africa #investinafrica

Purple Elephant Ventures (PEV), a tourism-focused venture studio based in Nairobi, has raised an additional $500,000 from Alphatron Capital, a Dutch single-family office under the Alphatron Group B.V.. The latest round brings PEV's total seed funding to $5 million. Founded by Ben Peterson, Jan van der Does de Willebois, and Mikul Shah, PEV aims to build tech-driven startups that promote sustainable tourism in Africa. Previous investors include Clear Creek Investments, LLC and Klister Corp. Learn more: https://lnkd.in/d2ZbMJ9i Chris Wanjohi Kevin Gisore Anthony Kiplimo Michelle Itindi Lucille Magoi Mwendwa Reuben Flora Johnson Beatrice Ferreira Duke Obare Marco Saio Job Odhiambo Loic Amado, Joseph Kiptibai Jacob Hason Matilda Bouloux Anna Sophie Slingerland Jerry Jansen Floris de Kort Gini Kuik AA #empowerafrica #africa #investinafrica

The (ECOWAS Bank for Investment and Development (EBID) has approved €230 million to support infrastructure and private sector growth across West Africa. Key beneficiaries include Sterling Bank Nigeria, which will receive $50 million for SME support, and Benin Cashew SA, granted €10 million to boost cashew processing in Benin. Mota-Engil Nigeria was allocated $180 million to co-finance the Kano-Maradi railway linking Nigeria and Niger. Learn more: https://lnkd.in/gsQ99ePn Anita DALA/SOMDA Nathalie L. MacDonald Saye M Goanue Joseph Asenso Létondé F. Brice HOUETON Cesaltina TAVARES SA Angelo Dadzie Dr Mabouba Diagne Rennie Laryea, Esq. Mamadou Saidou Camara Babacar DIATTARA Axel Zabo, CFA Dr. Olagunju O. Ashimolowo, FCA, MBA, CISA, CRISC, CIA, DBA, HCIB. Veridiano António Silva #empowerafrica #africa #investinafrica