All On invests US$250k in Nigerian energy-as-a-service company
Lagos, Nigeria – All On, an impact investment company committed to increasing energy access for Nigeria’s underserved and off-grid communities, has announced a follow-on investment of US$250,000 in ICE Solar Commercial Power Limited (“ICE Solar”), a fast-growing provider of Energy-as-a-Service solutions for Small and Medium Enterprises (SMEs) across Nigeria.
Source: All On
Ata Capital exits Novare Holdings
Johannesburg, South Africa – 10 November 2025 — Ata Fund II has successfully exited its investment in Novare Holdings, a diversified financial services company. The firm has sold its 26% stake to Novare’s management team for an undisclosed amount, marking a significant milestone in Novare’s growth trajectory and transformation journey. This transaction is subject to approval by the regulatory authorities.
Source: Ata Capital
Beltone Venture Capital exits Moroccan delivery and logistics platform
Beltone Venture Capital has announced its successful exit from Cathedis, a Moroccan last-mile delivery and logistics platform, achieving a 100% internal rate of return.
Source: Africa Private Equity News
Chui Ventures closes US$17.3mn fund I
Chui Ventures, a Pan-African seed-stage venture capital fund with a gender-inclusive mandate, has announced the final close of its debut Fund I at $17.3 million, surpassing its original fundraising target of $10 million. The fund backs local African founders building mass-market, tech-enabled solutions across Sub-Saharan Africa.
Source: Chui Ventures
DisrupTech Ventures invests in a Moroccan e-commerce startup
Chari, a Moroccan Y Combinator-backed B2B e-commerce startup, has raised an undisclosed amount from DisrupTech Ventures, an Egypt-based early-stage venture capital firm, as part of its Series A extension round.
Source: techcabal
GAIA Climate Loan Fund reaches US$600mn first close
The Hague, 3 November 2025: Climate Fund Managers (CFM), MUFG Bank Ltd (MUFG), FinDev Canada and the Green Climate Fund (GCF) today announced the first close of the GAIA Climate Loan Fund (GAIA) at USD 600 million. GAIA will provide loans to predominantly climate adaptation projects in markets most severely impacted by, and least equipped to respond to, climate change – helping to close the estimated ~USD 300 billion annual adaptation finance gap¹. The fund targets a total size of USD 1.48 billion, with final close anticipated in 2027.
Source: Climate Fund Managers
Growth Investment Partners (GIP) Zambia announces its first major investment
Growth Investment Partners (GIP) Zambia has announced its first major investment in Boxpack Zambia.
Source: Africa Private Equity News
Invest International backs blueberry project
Invest International, the Dutch development finance institution, has extended a €15 million investment loan to Namibia Berries to support the expansion of its blueberry farm along the Kavango River in north-eastern Namibia.
Source: Africa Private Equity News
Secha Capital leads electrotech company's Series A round
Plentify, a South African electrotech company that uses hardware and software to link household appliances to cheaper and cleaner sources of power, has closed its Series A round, bringing its total funding to almost $15 million.
Source: Africa Private Equity News