VC firms, angels, accelerators, DFIs, and corporate venture arms backing African founders.
EDFI MC
Venture Capital
EDFI MC invests in companies like Arnergy that provide sustainable energy solutions, particularly in regions with unreliable grids and high fuel costs. They focus on enabling access to clean and reliable energy for homes and businesses through models like lease-to-own solar systems. Their investment supports the development and deployment of these systems to improve energy access.
EDFI Management Company
EDFI Management Company supports the i3 initiative, which focuses on healthtech startups across Africa. They provide funding, market-entry support, and visibility to selected companies. The initiative targets startups offering solutions such as AI-powered prescription refills, cloud-based pharmacies, product authentication, and telemedicine services, aiming to improve medication access and pharmaceutical innovation across the continent.
EEGF
EEGF invests in African tech companies. They participated in a mixed equity and debt funding round for MAX, a company providing vehicle financing and fleet services to commercial drivers across West and Central Africa, including electric vehicles and charging infrastructure.
EEP Africa
EEP Africa provides grant financing for innovative early-stage clean energy projects in the active development phase in Southern and Eastern Africa. They support companies, start-ups, and social enterprises with innovative clean energy solutions.
EFG EV Fintech
EFG EV Fintech invests in early-stage African tech startups, with a focus on blockchain payments and cryptocurrency exchange platforms. They aim to support companies that enable users to trade cryptocurrencies, make online payments, pay utilities, and perform transactions like staking. The firm also backs social payment platforms that facilitate international money transfers for non-crypto users.
EIB Global
Review pending
EQ2 Ventures
EQ2 Ventures invests in early-stage companies, including those in the African tech ecosystem. They have participated in seed rounds for startups like Sukhiba Connect and Uncover, which are focused on B2B conversational commerce and e-commerce skincare products, respectively. The firm supports companies looking to expand their operations and scale their solutions across Africa and beyond.
ESquared Ventures
ESquared Ventures invests in African tech companies. They participated in GoMetro's $11.4 million Series A round, which will be used to bolster the startup’s operations in the U.K., Europe, and South Africa and expand into the U.S., Latin America, Australia, and possibly the Middle East.
EU’s Agrifi Initiative
The EU's Agrifi Initiative supports startups in the African tech ecosystem. While specific details on sectors, stage, geography, and check size are not provided in the given articles, the initiative generally focuses on fostering innovation and growth within the African startup landscape.
EVPI Investments
EXEO Capital
EXEO Capital invests in African companies, as demonstrated by their participation in the Series A funding round of SwiftVEE, a South African digital livestock trading platform. The firm supports companies that improve market access and reduce operational risks for farmers, integrating services like insurance, financing, and data. They focus on scaling operations and enhancing financial services within the agricultural ecosystem.
Earl Grey Capital
Earn Rocket Investment Holding
Earn Rocket Investment Holding is an early-stage venture capital firm that invests in startups in the MENA region. They focus on companies with innovative solutions and high growth potential. Their investment in Justyol, a cross-border fashion marketplace, demonstrates their interest in e-commerce and connecting markets.
Echo VC Chain
EchoVC
EchoVC invests in early-stage technology companies across Africa. They focus on startups building innovative solutions in various sectors, including fintech, clean energy, and mobility. The firm provides funding and support to help these companies scale and expand their operations across the continent.
EchoVC Eco
Echoing Green
Echoing Green supports leaders and early-stage startups globally, focusing on those addressing significant challenges. They seek individuals who deeply understand the issues they are tackling and co-design solutions with their communities. The fellowship provides leadership development, expert resources, and seed funding.
Ecobank Fintech Challenge
Ecobank Fintech Challenge supports early-stage fintech startups in Africa. They focus on identifying and nurturing innovative solutions that address specific challenges within the African financial landscape. The challenge provides startups with opportunities for mentorship, networking, and potential investment, helping them scale and expand their reach across the continent.
Ed Ventures
Ed Ventures invests in early-stage startups, particularly in the education technology sector. They focus on companies that provide innovative solutions and bridge gaps in the job industry, offering access to talent pools and customized learning journeys. The firm supports startups in scaling their operations and expanding into new markets.
EdTech Impact
EdTech Impact supports high-growth, high-impact companies developing solutions to challenges in South Africa’s education sector. They provide access to equity-free venture funds, support from education innovation specialists, market research support, and pedagogical certification.
Edge Growth
Edge Growth is a venture capital firm that invests in startups and SMEs in South Africa and other African markets. They focus on supporting businesses that have the potential for high growth and significant social impact. The firm provides funding, mentorship, and access to networks to help companies scale and achieve their goals.
Education Alliance Finland
Education Alliance Finland provides pedagogical certification to EdTech startups, particularly those in South Africa. They partner with programs like the Mastercard Foundation EdTech Fellowship to offer certification and support to ventures improving educational outcomes.
Edventures
EdVentures is an Egyptian venture capital firm that invests in education technology companies in the Middle East and North Africa (MENA) region. They provide funding and support to startups that are developing innovative solutions to improve education and bridge the tech talent gap.
Eero Invest
Eero Invest focuses on design engineering, specifically electric vehicles and charging station technology. They aim to set a new standard for intelligent electric mobility and foster the adoption of more sustainable transportation in Africa. They invest in companies in their pre-seed stage.
Ego Death Capital
Ego Death Capital invests in early-stage companies, as evidenced by their participation in Fedi's Series A funding round. Fedi, a Nigerian cryptocurrency startup, is developing technology to aid in the global adoption of Bitcoin, indicating Ego Death Capital's interest in the cryptocurrency and blockchain space within the African tech ecosystem.
Egypt Ventures
Egypt Ventures is an Egyptian venture capital firm that invests in early-stage startups, particularly in fintech and technology-driven companies. They focus on supporting innovation and financial inclusion across Egypt and the MENA region. The firm actively participates in funding rounds to help startups scale and expand their operations, contributing to the growth of the SME sector.
Egyptian American Enterprise Fund (EAEF)
Egyptian American Enterprise Fund (EAEF) invests in early and growth-stage startups in the MENA region. They focus on high-potential startups in fintech, health tech, logistics, and e-commerce, providing capital and strategic support to entrepreneurs solving critical economic and social challenges across Africa and the Middle East.
Egyptian-American Enterprise Fund
The Egyptian-American Enterprise Fund invests in businesses in Egypt. While specific sectors and check sizes are not detailed in the provided context, the fund's investments aim to support economic development and job creation in the Egyptian market.
Eisei
Eisei is a Japanese pharmaceutical company that invests in health tech startups. They are interested in companies that are developing innovative solutions to improve patient care, particularly in the areas of oncology and neurology. They invested in RecoMed, a South African health tech company that operates an online healthcare platform that provides remote healthcare appointment scheduling.
El Sewedy Capital Holding
El Sewedy Capital Holding invests in early-stage companies, as shown by their participation in the pre-seed funding round of Settle Payments, an Egyptian fintech company. They focus on supporting innovative businesses in the African tech ecosystem.
Elea
Elea focuses on investments that deliver both financial returns and social impact. They invest in ventures that provide access to basic goods and services for underserved populations, often in developing countries. Their investments span various sectors, including e-commerce platforms, and they look for scalable solutions that address critical needs.
ElectriFI
ElectriFI invests in renewable energy projects, particularly solar PV and battery storage systems, for commercial and industrial clients in Africa. They provide long-term power purchase agreements, enabling businesses to avoid upfront capital costs and reduce dependence on diesel generators. The focus is on expanding clean energy capacity and attracting additional institutional investors in the sector.
Electrification Financing Initiative
The Electrification Financing Initiative (ElectriFI) is an EU-funded initiative that invests in early-stage private companies and projects increasing access to and generation of sustainable energy in emerging markets. They provide financing for renewable energy and energy access projects, aiming to promote sustainable development and combat climate change.
Elefund
Elevate
Elm
Elm invests in African startups, as seen in their investment in YouVerify, a Nigerian company providing KYC and compliance solutions for banks and startups. Youverify focuses on streamlining AML compliance, bolstering global risk intelligence, and expanding its products into new markets.
Emerge Education
Emerge Education invests in ed-tech startups in emerging markets. They participated in a $2 million seed funding round for FoondaMate, a South African ed-tech startup building chat-first learning products for high school students with limited internet access.
Emerging Media Nigeria
Emerging Media Nigeria collaborates with The InnovationHub Africa and Resources Limited to organize the Nigeria Innovation Summit (NIS). NIS is an annual event for stakeholders, entrepreneurs, startup founders, and investors to discuss ideas, trends, and opportunities around innovations, technology, and entrepreneurship development in Nigeria. The summit focuses on promoting emerging technologies, R&D, and investments for digital transformation.
Emirates International Investment Company
Emirates International Investment Company invests in early-stage startups, as evidenced by their participation in a $12.5 million seed round for Blnk, a digital lending platform in Egypt. They partner with merchants to finance purchases through installments. The firm seems to focus on fintech and companies operating in Egypt.
Empire M
Empire M invests in deep tech companies. They participated in Nawah Scientific's Series A round, a cloud-based laboratory services platform that enables researchers, startups, and industrial clients to access advanced laboratory testing services without owning physical lab infrastructure. Nawah Scientific plans to grow its presence across Africa, the Middle East, and Europe while expanding research infrastructure in existing markets.
Emso Asset Management
Emso Asset Management invests in African tech companies. They provided funding to MyNextCar, a South African ride-hailing service enabler, and Moove, a Nigerian automobile financing company expanding into the UK. The firm supports companies scaling operations and entering new markets.
Emsy Capital
Emsy Capital invests in African tech startups, as seen in their investment in Pozi, a Gabonese AI-driven fleet management platform. Pozi combines AI and logistics technology to improve operations for companies. The company operates an AI-driven fleet management platform through which it provides real-time vehicle tracking, predictive maintenance, and operational analytics to improve efficiency for businesses in Gabon.
Emurgo
Emurgo Africa invests in early-stage startups across Africa, MENA, and South Asia, providing digital banking infrastructure. They focus on enabling companies in emerging economies to offer financial products to their customers in a simple, quick, and secure manner. They look for scalable ventures with the potential for significant impact in the fintech space.
Emurgo Kepple Ventures
Endeavor
Endeavor invests in high-growth startups, often participating in seed rounds. They focus on ventures with the potential for significant impact and scalability, providing not only capital but also mentorship and access to a global network. They look for companies that can demonstrate a strong business model and a clear path to expansion, particularly in emerging markets.
Endeavor Catalyst
Endeavor SA Harvest Fund
Endeavor South Africa
Endeavor South Africa is a venture capital firm that invests in high-growth companies in South Africa. The firm focuses on companies with the potential to scale and create jobs. They look for innovative business models and strong management teams.
