Venture Capital
-
Uniik Foods secures funding from Mirepa to expand manufacturing capacity.
Uniik Foods, the manufacturer of shelf-stable African food products has raised an undisclosed sum of funding from Mirepa Investment Advisors. The company will use the funds to modernize its facilities with automated equipment to scaleup production and provide working capital to streamline supply chain operations. Furthermore, the funding will accelerate the brand’s footprint in international
-
Cocoa Potash grabs $50,000 to upcycle high emissions agricultural waste into industrial inputs.
Agricultural waste is becoming a source of high purity industrial chemicals. That is the core idea behind Cocoa Potash, the Ghana US-based startup that recently secured $50,000 in funding after winning Penn State University’s Land Grant Startup Launch Competition. The competition organised by Penn State’s Smeal College of Business and the College of Agricultural Sciences
-
Growth Investment Partners secures $20 million from Axis and Norfund to back SMEs.
For years, the pitch to Ghanaian pension funds has been simple: stop parking all your cash in government bonds and start investing in the local factories that actually drive the economy. This week, one of the country’s biggest players doubled down on its mission to invest in the real economy. Growth Investment Partners (GIP), the
-
Phundit raises funding to help Africans navigate personal financial emergencies.
For years, the narrative of African fintech has been dominated by one word: Credit. From Nairobi to Lagos, rapid-approval loan apps have proliferated, promising to bridge the liquidity gap. But for many users, these apps have become a “debt trap” rather than a safety net. Phundit, the Ghanaian fintech startup, has just closed an undisclosed
-
Medpharma secures undisclosed investment from Sahara Impact Ventures.
Ghanaian healthtech startup Medpharma has raised an undisclosed funding round from Sahara Impact Ventures. What problem is MedPharma solving? Founded by Stephen Yaw Asamoah and Richard Appiah Otoo in 2019, MedPharma is digitising healthcare delivery by aggregating providers, pharmacies, and medical facilities into a single connected platform. Its model tackles one of the continent’s most
-
Complete Farmer bags $5m debt deal to scale its agritech platform.
Ghana’s agriculture sector is vast , contributing nearly 20% to GDP and employing almost a third of the population but it’s also deeply fragmented. For the majority of smallholder farmers, inconsistent crop quality, volatile incomes, and weak market linkages remain daily realities. Now, Accra-based agritech startup Complete Farmer has secured $5m in debt financing from
-
OceansMall secures $150,000 from GBHub Africa to digitize Ghana’s seafood supply chain.
OceansMall, the agritech startup revolutionizing seafood logistics, has secured $150,000 in convertible debt from GBHub Africa to expand its operations and digital platform, Pinwheel. The investment also includes technical assistance and market access support, enabling the company to scale its cold chain logistics and strengthen its reach across coastal fishing communities. Founded in 2021 by
-
VC4A, Africa’s leading entrepreneur-investor collaboration marketplace, appoints Yaw Peprah to lead special projects.
VC4A, Africa’s premier platform connecting entrepreneurs, investors, and mentors, has appointed Yaw Preprah as Lead for Special Projects. In this role, he will spearhead key initiatives aimed at accelerating the growth and impact of Africa’s burgeoning startup ecosystem. Peprah steps into the role taking the lead on the coordinating the Africa Early Stage Investor Summit
-
Mariseth Farms secures $560k from Sahel Capital to support over 8,000 smallholder farmers.
Mariseth Farms has secured a $560,000 working capital loan from Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), to scale its crop aggregation operations and expand fair market access for over 8,000 smallholder farmers, many of whom are women. Renaissance Law Chambers advised SEFAA on the transaction, while Pangea Global Ventures
-
Aruwa Capital secures $35 million for its second fund to back high-growth companies in Ghana and Nigeria.
Aruwa Capital Management, the Lagos-based, female-founded and gender-lens early-stage investor, has secured $35 million at the second close of its second fund—Aruwa Capital Fund II—bringing it to 90% of its $40 million target. This milestone enables the firm to double down on its strategy of backing high-growth, impact-driven businesses that are transforming key industries in