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SBI Holdings and Novastar Form US$80 Million Landmark Partnership
Partnership, which takes the form of a $40 million multi-fund investment by SBI Holdings to anchor Novastar’s upcoming funds, marks the largest single commitment from a Japanese investor into African VC.
Nov 2nd 2023
Novastar publishes annual OPIM Disclosure Statement
Novastar has published its 2023 Disclosure Statement on its alignment with the Operating Principles for Impact Management - a framework to ensure that impact considerations are integrated throughout an investment lifecycle.
Oct 9th 2023
FT ranking: Africa’s Fastest Growing Companies 2023
The Financial Times has published its annual ranking of the 100 fastest growing companies in Africa featuring Moniepoint and Poa! Internet, as well as comments from Steve Beck, Novastar Co-founder and Managing Partner.
May 2nd 2023
What lies ahead for electric mobility in East Africa
Abel Boreto, Associate Director at Novastar, writes on the state of play for the electric mobility sector in Africa and the opportunities and challenge it presents.
Apr 20th 2023