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Overview

FinDev Canada's Portfolio in Africa

FinDev Canada has made over 2 notable investments in African startups. Their most recent investment was in M-KOPA, announced on August 1st, 2023.
FinDev Canada's Latest news
FinDev Canada increases financial commitments to support climate action and women's empowerment in developing countries - GlobeNewswire

MICROCAPITAL BRIEF: BNCR Raising $75m from IDB Invest, FinDev Canada via Social Bond Issue Focusing on Women Entrepreneurs in Costa Rica - MicroCapital

AFRICA: FinDev Canada invests $13 million in EEGF for clean energy access - AFRIK 21

FinDev Canada to invest $13 million in Energy Entrepreneurs Growth Fund for access to clean energy in Africa - Nairametrics

FinDev Canada's Investment activity in Africa

With over $32M invested in African startups, their latest investment was a Convertible Note round in M-KOPA, announced on August 1st, 2023, closing at $20M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Funding Round
Miro Forestry Company
GhanaJan 14, 2021$ 12,000,000
Convertible Note
M-KOPA
KenyaAug 01, 2023$ 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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FinDev Canada's Investment Distribution in Africa.

FinDev Canada's currently has Startuup investments spread across the following location(s)

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