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Seedstars Africa Ventures I, a venture capital fund making early-stage investments in highly scalable start-ups in Africa, has achieved a first close of $42 million, with participation from the African Development Bank, EIB Global with the support of the European Union, under the ACP Trust Fund – EU Compartment and Boost Africa among other global […]
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EDFI AgriFI – the EU Agriculture Financing Initiative – and Seedstars Africa Ventures announce a strategic pre-series A investment of USD 3.7 million in Shamba Pride, a pioneering Agri SME based in Kenya. As part of the arrangement, EDFI Agrifi will provide a long term loan of $2 million, to foster sustainable development and economic […]
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Innovative businesses and start-ups across Africa will benefit from better access to risk capital thanks to a US$30 million equity investment by EIB Global in the Seedstars Africa Ventures I venture capital fund. Increased access to capital will allow companies to grow, creating skilled jobs and improving products and services for businesses and consumers. The […]
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