Novastar Ventures, a venture capital business, has secured $25 million to invest in climate technology in Africa.

Novastar Ventures, a venture capital business, has secured $25 million to invest in climate technology in Africa.

In order to promote entrepreneurs developing agricultural and climate solutions, Novastar Ventures, a pan-African venture capital business, has received a $25 million equity investment from the US International Development Financing Corporation (DFC). The $80 million East Africa Fund and the $108 million Africa Fund II, which allowed the company to enter West Africa, are followed…

Meet the Investor: Brian Odhiambo, Novastar Ventures

Meet the Investor: Brian Odhiambo, Novastar Ventures

A failed entrepreneur turned pretty successful investor, Brian Odhiambo is West Africa director and part of the leadership team at Novastar Ventures, which manages more than US$200 million across two venture funds, with 22 companies in its portfolio. Odhiambo grew up in Nairobi, and after a childhood spent travelling between boarding school in Kenya and…