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Africa

Why investors are developing a taste for alt-chocolate

Shortages and inflated prices in the cocoa industry have pushed startups to create chocolate alternatives that taste and feel like the original. Investors are taking a bite.

May 23, 2025

"Hard tech" isn't as hard as investors fear, says Honda Xcelerator Ventures

Julien Fredonie, Honda Xcelerator Ventures’ head of Europe and Africa, says hard tech isn't riskier than other investment categories and Europe is well placed to play a big role in this area.

Apr 10, 2025

UAE’s Yango Group launches $20m fund to back young entrepreneurs

Yango Ventures will focus on early-stage startups in the online-to-offline, B2B SaaS and fintech sectors to drive digital transformation.

Mar 21, 2025

Koranteng joins Sony Innovation Fund in Africa

The Japanese electronics producer named Kwame Koranteng an investment manager for its CVC arm, representing its first Africa-based investor.

Sep 23, 2024

Sohaila Ouffata leaves BMW’s CVC to join African female founder nonprofit

African Tech Vision helps female founders to build scaleable tech businesses.

Aug 14, 2024

Sony Ventures to go global for its next fund

Sony's venture arm plans to look to Europe and beyond for backers when it launches its next fund, as it expands to Africa and seeks content as well as tech.

Jun 21, 2024

CVC is key to making South Africa a startup hotspot

South Africa's strong fintech sector, financial and regulatory systems make it an opportunity for foreign investors, but local corporates need to help seed the startup ecosystem.

Jun 19, 2024

Video: ‘Corporates know the future of business is in Africa’

Venture capital fund and platform Founders Factory Africa is growing its portfolio and seeks corporate investors to fund African startups.

Apr 16, 2024

Other News

Longhorn Publishers launches venture studio

Longhorn Digital Ventures Studio Kenya will act as an incubator for edtech innovations and support digital education content.

Mar 20, 2024

Ssemwogerere promoted to SVP at Standard Bank Group

Kevin Ssemwogerere, previously a renewable energy-focused CVC lead, is appointed SVP of investment banking ventures at the South African bank.

Mar 4, 2024

The Big Deal: Husk targets "half the planet" with its solar systems

Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.

Oct 27, 2023

Sony launches $10m fund to invest in African entertainment startups

Sony Innovation Fund: Africa will make investments in gaming, music, movie and content distribution sectors.

Oct 12, 2023

Madagascar's Axian swoops in as other VCs retreat from Africa

Axian Investment aims to invest in 10 startups a year in sectors such as fintech, insurtech and logistics.

Sep 20, 2023

Kenya catches the corporate eye

Innovative region: Kenya

Dec 14, 2021

Editor's Picks

The Big Deal: Husk targets "half the planet" with its solar systems

Husk Power Systems has just raised $100m from investors including Shell to build 1,500 solar mini-grids in India and Nigeria in the next four to five years.

Oct 27, 2023
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