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Africa Finance Corporation to Invest $100 Million in Venture Capital Firms
The Africa Finance Corporation will invest $100 million in venture capital firms that back technology companies on the continent. African startups raised about $3.2 billion in 2025, a 40% increase from the prior year.
May 22, 9:19 AM·1m read1 source
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The Africa Finance Corporation will invest $100 million in venture capital firms that back technology companies on the continent. The Africa Finance Corporation mainly deploys capital for infrastructure projects. The $100 million commitment marks a shift for the organization.
2 billion in 2025, a 40% increase from the year before. Overseas investors drove a wave of multimillion-dollar funding rounds in the continent's tech scene over the last decade.
U.S. Has prompted calls for increased African investment.
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