📣 Super excited to welcome The Baobab Network as new first circle investor members into the community!

• The Baobab Network: a Kenyan Venture Builder invests in early-stage tech ventures across Africa and provides founders with a global platform to scale their business.
   

🚀 The Baobab Network will introduce itself at the Africa Next e-pitch session on December 3rd. >> To register for the session, click here.

📣 Super excited to welcome Global Ventures, Angaza Capital, Ingressive Capital and P1 Ventures as new first circle investor members into the community!

• Global Ventures: an UAE based fund investing in Series A in Africa and in the Middle East.
• Angaza Capital: a Rwanda-based investment fund and company builder focused on growth stage tech companies deploying innovative solution in Africa and the Middle East.
• Ingressive Capital: a Nigerian investment fund targeting tech-enabled startups in Nigeria, Kenya, Ghana and Egypt in Pre-seed & Seed rounds.
• P1 Ventures: a seed fund investing in FinTech start-up with a pan-African scope.

🚀They’ll introduce themselves at the next e-pitch session on September 28. >> To register to the session, click here. 

We are happy to see that Yodawy raised a $7.5M Series B round led by their first investor Algebra Ventures, the first circle member MEVP, and followed by the VC firms CVentures, P1 Ventures, Global Ventures, and the BA network Athaal Group.

Yodawy, led by 5 co-founders such as the CPO Rami Hallal, is a Cairo-based healthtech startup offering an online pharmacy delivering well-being items, medication, and prescription drugs for chronic patients. With this new round, Yodawy will introduce additional offerings and expand to new markets.

Thanks to MEVP who introduced the company to the Africa Next community! 🙌

👉 To learn more about Yodawy, click here to see its profile.

👉 Get back to us if you'd like an introduction to either Yodawy or MEVP (Middle East Venture Partners).

Source : Egypt’s Yodawy raises $7.5 million Series B for its digital pharmacy marketplace - menabytes

Happy to see that Decagon raised a $1,5M seed round led by their first investor Timon Capital and Kepple Africa Ventures, and followed by the japanese app developer United Inc. and the business angel Paul Kokoricha. This equity round is coming with a $25M debt financing with Nigerian institution Sterling Bank.

Decagon, led by Chika Nwobi and founded in 2018, is a Nigerian EdTech start-up running a software engineering program and helps their graduates to be placed in big corporations. With this new round, Decagon will set up a Pay-After-Learning plan for its trainees.

Thanks to Timon Capital who introduced the company to the Africa Next community! 🙌

👉 To learn more about Decagon, click here to see its profile.

👉 Do get back to us if you'd like an introduction to either Decagon or Timon Capital.

Source: Nigeria’s Decagon raises millions to finance and train software engineers - TechCrunch

Happy to see that Aifluence raised a $1M seed round led by EQ2 Ventures, and followed by their first investor Antler East Africa, the US VC firm Oui Capital and the ecommerce marketing company ArabyAds. This round is coming after a $100k pre-seed round last year.

Aifluence is a two-year-old Kenyan startup matching influencer and brands and running the marketing campaigns form end to end. With this new round, the company plans to expand in Africa, MENA and Asia, and develop its product.

Congrats also to Antler East Africa, which now has its first african cohort company raising +1M$ in funding! 👏

👉 To learn more about Aifluence, click here to see its profile.

👉 Do get back to us if you'd like an introduction to either Aifluence or Antler.

Source: Kenya’s AIfluence closes $1M for its AI-powered influencer marketing platform - TechCrunch

📣 Super excited to welcome Falak Startups, Kalon Venture Partners, Middle East Venture Partners, Vested World as new first circle investor members into the community!

• Falak Startups: a startup accelerator that supports and empowers entrepreneurs in the Egypt's startup ecosystem.
• Kalon Venture Partners:  a South-Africa based fund that invests in and builds a portfolio of high growth technology companies.
• Middle East Venture Partners: a Middle East-focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs in the Middle East Region with a focus on the GCC and Levant countries.
• VestedWorld: a Chicago based early-stage investor that focuses on businesses based in Africa and emerging markets.

🚀They’ll introduce themselves at the next e-pitch session on July 7 and will showcase some of the best startups in their portfolio. >> To register to the session, click here. 

📣 We are thrilled to welcome Energy Access Ventures, Imperial Venture Fund, Mobility 54 and Novastar Ventures as new first circle investor members into the community! 

• Energy Access Ventures : a Paris based VC fund investing in businesses in Sub-Saharan Africa addressing the lack of electrification in the region with new technology and innovative business models. 
• Imperial Venture Fund: a CVC fund launched by major logistics player Imperial and Newtown Partners, investing in disruptive startups in logistics. 
• Mobility 54: a Paris based CVC owned by Toyota Tsusho and CFAO investing in African startups in mobility to solve social challenges and create synergies with the group. 
• Novastar Ventures: a Nairobi based VC investing in innovative businesses serving the East Africa’s aspiring mass market.  

🚀They’ll introduce themselves at the next e-pitch session on April 14 and will showcase some of the best startups in their portfolio. >> To register to the session, click here. 

📣 We are thrilled to welcome E4E Africa, Growth Capital Fund and Investisseurs & Partenaires as new first cercle investor members into the community!

🗒️ Feel free to register to the E-Pitch Session on January 12 to e-meet them !

🤝 You can also connect with them on EuroQuity.

🎄 Happy holidays !

The Africa Next Community is committed to driving co-investment with African investors in fast-growing innovative businesses.

We are thrilled to welcome the Africa Next founding members!

Khaled Ben Jilani, AfricInvest - Olutosin Oni, EchoVC - Maxime Bayen, Greentec Capital - Andrea Bohmert, Knife Capital - Kyane Kassiri, Lateral Capital - Cyril Collon, Partech - Wael Amin, Sawari Ventures - Kizito Okechukwu, 22 On Sloane - Yehia Houry, Flat6Labs - Maxime Bouan, Seedstars.