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Overview

Absa CIB's Portfolio in Africa

Absa CIB has made over 2 notable investments in African startups. Their most recent investment was in Moove, announced on July 6th, 2023.
Absa CIB's Latest news
Absa CIB Invests $20 Million in Mobility Fintech, Moove - TechEconomy.ng

Harmony and Absa CIB conclude ground-breaking Sustainable Finance and ESG transaction - Cape Business News

Harmony and Absa CIB conclude ground-breaking Sustainable Finance and ESG transaction - Cape Business News

Absa CIB proves its digital credentials on a global stage - businesslive.co.za

Absa CIB's Investment activity in Africa

With over $28M invested in African startups, their latest investment was a Debt Financing round in Moove, announced on July 6th, 2023, closing at $8M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Debt Financing
Moove
NigeriaJul 06, 2023$ 8,000,000
Debt Financing
Moove
NigeriaJul 14, 2022$ 20,000,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000
Seed
VendEase
NigeriaMar 23, 2021$ 125,000

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Absa CIB's Investment Distribution in Africa.

Absa CIB's currently has Startuup investments spread across the following location(s)

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