A.P. Moller Capital backs Moroccan logistics company
Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by exclusive local market licensing agreements, with established market positions in express delivery, road freight, freight forwarding and customs brokerage.
Source: A.P. Moller Capital
AgDevCo Ventures reaches a first close at US$49mn
AgDevCo Ventures, a subsidiary of AgDevCo, addresses a gap in the market which makes it hard for agri-SMEs to access long-term capital. The new initiative will make investments of $1m to $3m into early-stage farming and agriprocessing companies. The aim is to help build the next generation of African agribusinesses that deliver positive impact at scale. AgDevCo Ventures complements AgDevCo’s main strategy which focuses on later-stage companies with larger investment needs.
Source: AgDevCo
AlphaCode Venture Partners leads Series A round
Fintech company Moment has announced the close of its $22 million Series A funding round, led by AlphaCode Venture Partners, with continued investment from General Catalyst, MultiChoice, and fresh investment from Canal+.
Source: Africa Private Equity News
Edge Growth's SME debt fund reaches R350mn first close
South African SME investment and business development firm, Edge Growth, has officially launched a catalytic debt fund to support established, technology-enabled scale-ups. Set up more than three years ago, the fund has now reached a R350 million (US$21.9 million) first close. It will invest in growth-stage businesses, typically at Series A to C funding rounds, that have proven their business models but require flexible growth capital to scale.
Source: Africa Private Equity News
Moove reaches unicorn status in a US$250mn Series C led by Mubadala Investment Company
Moove, the global mobility company building the operating layer for autonomous mobility, today announced it has raised $250 million at a $2.1 billion valuation in a Series C funding round led by Mubadala Investment Company and co-led by Woven Capital, Toyota’s Growth Fund, and Ion Pacific.
Source: Mubadala Investment Company
Ninety One's Africa Credit Opportunities Fund 3 hits final close
Ninety One, the global investment manager with US$244 billion in assets under management (as at 30 June 2026), today announced the final close of its Africa Credit Opportunities Fund 3 (ACO3 Fund). The ACO3 Fund closed with US$404 million (including leverage) in commitments from institutional investors including development finance institutions, pension funds, and family offices across Africa, Europe, the UK, the US and Canada.
Source: Ninety One
Pearl Capital Partners expands Smallholder Credit Fund with additional EUR2mn investment from Netherlands Government
Pearl Capital Partners (PCP Uganda) is thrilled to announce and launch the expanded Smallholder Credit Fund (SCF). Originally known as Dairy-Horticulture Credit Limited (DHCL) with capitalization of EURO 6 million from the Embassy of the Kingdom of the Netherlands (EKN) has been expanded and capitalized with an additional EURO 2 million from the same investor to scale provision of affordable and patient financing for smallholder farmers in Uganda. The additional investment is a testament to the Netherlands government commitment towards improving food and nutrition security, economic resilience and sustainable farming system in Uganda.
Source: Pearl Capital Partners
Quona Capital leads Jem's Series A round
Jem, a South Africa-based workforce management platform for deskless teams, has raised $8.4 million in Series A funding led by Quona Capital. The round included participation from the University Technology Fund, E4E, Next176/FutureGrowth and angel investors, including former Old Mutual chief executive officer Iain Williamson.
Source: Africa Private Equity News
SC Ventures, Sony Innovation Fund, Polychain Capital, and Blockchain Capital back stablecoin infrastructure provider
Yellow Card, a leading global stablecoin infrastructure provider, today announced the successful closing of a $40 million strategic funding round, with investment from SC Ventures by Standard Chartered, Sony Innovation Fund, Polychain Capital, Blockchain Capital, and additional strategic investors. The funding will scale Global USD Accounts, Yellow Card's end-to-end dollar account for businesses, and expand the stablecoin rails connecting it to markets worldwide. This brings Yellow Card's total financing to over $120 million in equity financing.
Source: Yellow Card
Small Foundation backs AgDevCo
Small Foundation is pleased to announce our support for AgDevCo Ventures, a vehicle providing patient finance to early-stage agribusinesses across East Africa.
Source: Small Foundation
South African-founded AI startup raises US$1.2mn in a pre-seed funding round
South African-founded AI startup Verascient has raised $1.2 million in a pre-seed funding round.
Source: Africa Private Equity News
Stack Directory backs Nigerian payments platform
Nigerian payments platform Pouchers has raised $500,000 in pre-seed funding led by Stack Directory, a Dubai-based internet investment company.
Source: Africa Private Equity News
Terra Industries raises US$18mn
Terra Industries, the defence technology company building autonomous security systems to protect critical infrastructure in Africa and other developing markets, has raised an additional $18 million. The strategic funding closes its seed round at $52 million.
Source: Africa Private Equity News