GJO & PartnersInvest Matching

Financial services funding in Africa: investors, tickets and countries

Who finances Financial services in Africa, where, at which stage and with which tickets: every figure below is computed from the funding deals recorded on the platform.

71

deals recorded

26

over 12 months

15 M$

median disclosed ticket

72

identified investors

Key findings

  • 71 funding deals recorded (Financial services) since 2007, involving 65 companies and 72 identified investors. 26 of them over the last 12 months (14 the previous year).
  • Median disclosed ticket: 15 M$; half of the deals fall between 5.3 M$ and 41.3 M$ (38 amounts disclosed out of 71, 1.3 bn $ in total).
  • Where the money goes: Nigeria (20 %), Kenya (17 %), South Africa (14 %).
  • Most frequent stage: Growth (46 %); most used instrument: Equity (55 %).
  • Most active investors: AFIG Funds (7), Helios Investment Partners (5), IFC (International Finance Corporation) (5).
  • 23 % of deals are syndicated (at least two investors around the table).

Countries

  • Nigeria14
  • Kenya12
  • South Africa10
  • Côte d'Ivoire7
  • Ghana6

Industries

  • Banking20
  • Vehicle and productive-asset finance17
  • SME finance11
  • Insurance8
  • Asset management and markets6

Stages

  • Growth33
  • Debt17
  • Seed9
  • Series A2
  • Pre-Seed1

Instruments

  • Equity39
  • Senior debt17
  • Mezzanine debt6
  • Guarantee2

Deals per year

YearDealsDisclosed amounts
20212—
2022727 M$
20237186.3 M$
202521445.1 M$
202619218.7 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
Africa Specialty RisksInsurance · South Africa · GrowthSept 2026undisclosedVitruvian Partnerssource
Mission MobileVehicle and productive-asset finance · South Africa · DebtSept 202630 M$DNIsource
Absa Bank GhanaBanking · Ghana · DebtSept 202650 M$IFC (International Finance Corporation)source
WatuVehicle and productive-asset finance · Kenya · DebtSept 20267 M$AHL Venture Partnerssource
Zamara HoldingsInsurance · Kenya · GrowthSept 2026undisclosedAmethissource
YellowVehicle and productive-asset finance · Malawi · Series C+Aug 2026undisclosedConvergence Partnerssource
BridgementSME finance · South Africa · DebtJul 202620.3 M$Rand Merchant Banksource
Minet GroupInsurance · GrowthJun 2026undisclosedAdenia Partnerssource
Anda AngolaVehicle and productive-asset finance · AngolaJun 2026undisclosedProparcosource
MykaInsurance · Nigeria · Pre-SeedJun 2026undisclosedVentures Platformsource
Sika Financial GroupAsset management and markets · Nigeria · SeedJun 20262 M$Aruwa Capital Managementsource
Ecobank Transnational IncorporatedBanking · Togo · DebtMay 202615 M$Finnfundsource
Looking for funding? See which funds match your project →Browse the fund directory →Investor: see published projects looking for funding →

See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.