Digital Africa (AFD)

Digital Africa is an initiative dedicated to supporting African tech entrepreneurship and is a subsidiary of Proparco, part of the AFD Group. According to its official materials, Digital Africa promotes the development of technology in Africa and invests directly in innovative startups, with a focus on ecosystems underserved by traditional investors. Digital Africa invests at pre seed and seed stages and also participates in venture rounds. Based on disclosed investment activity, it has backed companies across several African markets, including Uganda, Cameroon, DR Congo, Rwanda, Algeria, and Senegal. Its portfolio spans logistics and supply chain, fintech, media and entertainment, and AI and analytics, with investments in startups such as RideLink, Swyft, Muzikin Distribution, Futa, SaveDirectly, DataTyr, and Rubyx. Through its partnership with Proparco within the AFD Group, Digital Africa contributes to a broader effort to expand financing solutions for African startups. Its strategy combines early stage capital with a focus on innovation ecosystems that have historically had limited access to traditional funding, aiming to accelerate the growth of digitally driven businesses across the continent.