JICA invests $10 million in Novastar Ventures III to support impactful startups that promote sustainable economic growth and address social challenges in Africa.
Target Information
Novastar Ventures Limited (NV) is a prominent venture capital fund operating in Africa, dedicated to fostering investment opportunities that enhance sustainable economic growth and address social challenges. The firm focuses on supporting startups that generate substantial development impacts and promote social and economic inclusion.
The third fund, Novastar Ventures Africa People + Planet Fund III, LP (NV III), is central to NV's mission, as it aims to invest in innovative solutions that empower communities and contribute to climate change mitigation initiatives, thereby furthering the economic advancement of the African region.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Africa
The venture capital ecosystem in Africa has seen significant growth in recent years, driven by an increase in innovative startups and heightened interest from interna
Similar Deals
Chubb Limited → LMG Insurance, Liberty Insurance
2025
JICA
invested in
Novastar Ventures Africa People + Planet Fund III, LP
in 2025
in a Venture Debt deal
Disclosed details
Transaction Size: $10M