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UNCDF is a UN capital investment agency dedicated to inclusive finance and fintech innovation in Africa. Unlike VC firms, they provide grants and impact investments that complement equity rounds, making them unique in enabling startups to scale sustainably.

Type
Venture Capital

UNCDF's Portfolio in Africa

UNCDF has made over 1 notable investments in African startups. Their most recent investment was in d.light, announced on September 21st, 2016.
UNCDF's Latest news
United Nations Capital Development Fund (UNCDF) & the City of Chefchaouen sign Ceremonial Agreement - BusinessGhana

United Nations Capital Development Fund (UNCDF) & the City of Chefchaouen sign Ceremonial Agreement - BusinessGhana

United Nations Capital Development Fund (UNCDF) & the City of Chefchaouen sign Ceremonial Agreement - BusinessGhana

United Nations Capital Development Fund (UNCDF) & the City of Chefchaouen sign Ceremonial Agreement - BusinessGhana

UNCDF's Investment activity in Africa

With over $5M invested in African startups, their latest investment was a Grant round in d.light, announced on September 21st, 2016, closing at $5M.

Here are some of their investments in Africa:

RoundStartupLocationDateAmount Raised
Grant
d.light
KenyaSep 21, 2016$ 5,000,000
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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UNCDF's Investment Distribution in Africa.

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

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