DealMakers AFRICA
Rasaad Nigeria, a family-led agribusiness that aggregates high-quality cocoa and cashew nuts from over 1,000 smallholder farmers, has raised a US$590,000 loan facility from Sahel Capital’s Social Enterprise Fund for Agriculture in Africa fund.
Egyptian digital procurement platform Suplyd has raised US$2 million in a pre-Series A round led by 4DX Ventures, Camel Ventures, and Plus VC, with participation from Seedstars and existing investors. This funding will support the company’s mission to build a comprehensive infrastructure for restaurant operations and expand into untapped areas across Egypt.
Kasada, a leading pan-African hospitality investment platform, recently closed a €15 million debt facility provided by the Africa Go Green Fund, managed by Cygnum Capital. The facility will provide finance for a greenfield hospitality development in Abidjan, Côte d’Ivoire. The project, which will be in the Angré district, will feature a hotel with a total of 170 keys, co-working facilities under the Wojo brand, and a dedicated MICE (Meetings, Incentives, Conferences, and Exhibitions) venue. The hotel is expected to attract regional business traffic, including from Small and Medium Enterprises located in the area, while introducing Angré’s first EDGE-certified hotel.
The International Finance Corporation and Sony Innovation Fund have announced an investment into Nigeria-based Filmmakers Mart (FMM), Africa’s first integrated digital production platform, to enhance access to production services in Africa’s film and entertainment industry. The investment will support FMM expansion from its current markets in Nigeria, Kenya, Ghana, Morocco and South Africa into new markets. It will also fund the development of new platform features, including subscription models, post-production tools, and training programs designed to serve a growing community of creators.
Egypt-based Saas provider Wuilt has raised US$2 million in a funding round led by follow-on investment from Flat6Labs and MTF VC, with participation from Hub71, JIMCO, Purity Tech, and a group of other angel investors. With the new capital, Wuilt plans to launch its free platform in the UAE in Q4 2025, followed by GCC countries and Turkey in Q1 2026. This comes after Wuilt’s April 2025 announcement it would offer its core platform completely free in Egypt, eliminating all subscription fees and forgoing hundreds of thousands of dollars in annual recurring revenue in a move to accelerate merchant adoption. Since then, over 20,000 merchants have joined the platform.
Mediterrania Capital Partners has announced an investment in Dislog Dispositifs Médicaux (DDM) through a DM 540 million capital increase together with CDG Invest Growth. This fund-raising – the largest in Dislog’s history –marks a decisive turning point in the development of its healthcare division. Morocco’s healthcare sector is set to accelerate its growth, driven by increasing investments and untapped potential in healthcare spending and infrastructure. The sector thrives on population growth, rising GDP, and expanding medical coverage, setting the stage to realise its full potential.
DealMakers AFRICA is the continent’s quarterly M&A publication
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