Here are summaries of the five most widely read stories this week on Africa Private...
By Intercontinental Trust Ltd The Financial Services (Special Purpose Fund) Rules 2021 (referred hereinafter as...
By Henri de Villeneuve The telecommunications and renewable energy industries understand a lot about disruption....
Paymob, Egypt’s market-leading digital payments provider, has announced the largest ever series A fundraise by...
Ampersand Rwanda Ltd, Africa’s first electric motorcycle company, has just secured a $3.5 million investment...
The Annual AVCA Conference returns virtually, bringing together world-class investors, policymakers and business leaders for...
By Intercontinental Trust Ltd Read the ITL e-News April 2021 brief for the latest business...
The IFC is proposing an A-Loan investment of up to €20.9 million to African Hotel...
AgDevCo has announced a $3 million follow-on mezzanine debt investment into Uzima Chicken Limited, a...
By Nafiisah Jeehoo, associate Bowmans, Mauritius. Mauritius is well known among promoters and institutional investors...
Verdant Capital serves as Tugende’s financial advisor and arranger for its equity and debt capital...
Sawari Ventures, the Cairo-based VC, has announced the final closure of its Egypt-focused fund, with...
The Raxio Group, a pan-African data centre developer and operator, and Meridiam, a global asset and fund manager specialising...
Infra Impact Investment Managers, the specialist infrastructure investment firm, has reached the ZAR 250 million...
The Sovereign Fund of Egypt (TSFE) and EFG Hermes announced that TSFE has committed EGP...
Lagos-based group-buying platform PricePally recently raised six-figure funding from Samurai Incubate, Launch Africa Ventures and...
French leader in the distribution of solar home systems (SHS) in West Africa and Madagascar,...
Airtel Africa, a provider of telecommunications and mobile money services, with a presence in 14...
Apis Growth Fund II, a private equity fund managed by Apis Partners, has entered into...
Here are summaries of the five most widely read stories this week on Africa Private...
Criterion Africa Partners, a private equity firm investing in the forestry sector in sub-Saharan Africa,...
The Futuregrowth Development Equity Fund (DEF), on behalf of its clients, has recently invested in...
Tugende, a technology-enabled asset finance company in East Africa has closed $3.6 million in additional...
Investisseurs & Partenaires (I&P) is an impact investment firm with offices in seven African countries....
At the recently held SAVCA 2021 Private Equity Conference, a panel comprising industry leaders explored...
Private equity investors in Africa are showing strong interest in internet and direct marketing retail,...
The African Private Equity and Venture Capital Association (AVCA) announced the release of its 2020...
Curacel, an AI-powered platform for claims processing and fraud management in Africa, has raised $450,000...
TLG Capital has announced today that it would be investing with Fidelity Bank Plc an...
Kenyan agency banking startup Tanda announced that it secured funding from HAVAÍC, Zedcrest Capital, DFS...
The U.S. International Development Finance Corporation (DFC) announced $35 million in investment support to Root...
Weelo, the B2B cloud-based software-as-a-service (SaaS) solution startup, has raised a six-figure seed funding round,...
Bankly, a Nigerian fintech company digitising cash for the unbanked, announced a seed fundraising round...
South African bank FNB has acquired 100% of Selpal – a fintech company that operates...
The Government of Canada and the African Development Bank have signed an agreement formalising the...
Here are summaries of the five most widely read stories this week on Africa Private...
The Stellar Development Foundation (SDF) announced a $750,000 investment in Cowrie Integrated Systems, a fintech...
While many industries in Africa were negatively impacted by Covid-19 lockdowns, some managed to thrive,...
Cordaid Investment Management (CIM) and Triodos-Hivos Fund have teamed up to invest $1 million of...
Trinitas Equity Partners, together with its partners, has acquired the South African beauty company, Avroy...
The Imperial Innovation Venture Fund, a partnership with Newtown Partners, together with Johnson & Johnson...
A group of panellists at the recent SAVCA Private Equity Conference debated National Treasury’s proposed...
The board of directors of FinDev Canada has announced the appointment of Lori Kerr as...
CardinalStone Capital Advisers (CCA), a Lagos based private equity fund manager, has announced the final...
Termii, an African communications-as-a-service startup, has raised $1.4 million in seed funding. Fifty per cent...
Venture capital firm Ingressive Capital has invested in Ghanaian digital agriculture value chain startup Complete...
Pan-African alternative investment firm EXEO Capital this week announced its recent investment in the Maia...
The IFC is proposing a loan to Indorama Eleme Petrochemicals Limited (IEPL), an integrated petrochemical...
Y Combinator-backed fintech startup Afriex has raised a seed funding round worth $1.2 million as...
J.P. Morgan Private Bank announced the final closing of its Global Impact Fund, with total...
Private equity firm Amethis has acquired a majority stake in Magriser Group, one of the...
Proparco has invested €50 million in a fund for green bonds issued by companies in...
Kwik Delivery has closed its pre-series A financing round. The company successfully raised $1.7 million...
By Intercontinental Trust Ltd Read the ITL e-News March 2021 brief for the latest global...
Here are summaries of the five most widely read stories this week on Africa Private...
Leading African law firm, Bowmans, has announced a range of appointments that will help it...
The African Enterprise Challenge Fund (AECF) has launched a $1.2 million Innovation Fund to unlock...
Kuda Technologies, a full-service, digital-only bank, has announced a $25 million series A funding round...
Backed by a contribution from the government of the Grand Duchy of Luxembourg, the United...
Airtel Africa, a provider of telecommunications and mobile money services, with a presence in 14...
FlexClub has secured a further $5 million in funding to scale its unique car subscription...
The world has changed dramatically since SAVCA held its last conference in 2020 in the...
The West African country of Burkina Faso is to get a new large-scale renewable energy...
The UK government is launching a new £150 million Mobilising Finance for Forests programme which...
The Dutch entrepreneurial development bank, FMO is proposing a $20 million investment in the BluePeak...
Following its rapid expansion in Africa, Andersen Global is now unifying its African member firms...
South African private equity company Moshe Capital Fund Managers is actively seeking to invest R350...
The IFC is proposing an equity investment of up to €12.5 million, capped at 20%...
FMO, FinDev Canada, and OeEB (the Development Bank of Austria) announced a $115 million syndicated...
Barak Fund Management Limited statement dated 12 March 2021. Barak Fund Management Limited, a Mauritius...
Here are summaries of the five most widely read stories this week on Africa Private...
The IFC is considering an equity investment of up to $25 million in Convergence Partners...
Dayra, a Cairo-based fintech startup providing unbanked gig workers and micro-businesses with financial services, has...
Koinz, the Egypt-based food and beverage startup, has raised a $4.8 million seed funding round,...
Equity Group Holdings has signed a $100 million loan facility with Germany’s DEG, the UK’s...
Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), the first listed infrastructure debt fund in...
IFC, a member of the World Bank Group, announced an investment in the Savannah Fund,...
The IFC and the IFC Financial Institutions Growth Fund are helping to increase access to...
SunFunder has fully closed the oversubscribed $70 million Solar Energy Transformation (SET) Fund, following an...
Flutterwave, a payments technology company in Africa, today announces it has secured $170 million from...
The IFC has approved an equity investment of up to €20 million in Bolt, a...
Three enterprises from Kenya, two from Nigeria and one each from Madagascar and Zimbabwe are...
Temasek, an investment company headquartered in Singapore, has entered into a $500 million strategic partnership...
M3, Inc. has announced a capital alliance with Africa Health Holdings (AHH) as an investment...
By Intercontinental Trust Ltd Mauritius was declared Covid-free since June last year, thanks to the...
By Joël Touré, Chief Executive of Stanbic Bank Côte d’Ivoire Thanks in part to a...
SunFunder last week disbursed a new $2 million loan to Winch Energy for the construction...
Verod Capital Management Limited announced the completion of the merger between Tangerine Life Insurance Limited,...
E Squared Investments has committed R9.2 million (about $600,000) to software programming training academy WeThinkCode_,...
Here are summaries of the five most widely read stories this week on Africa Private...
Day 2 started with our MC Zipho Sikhakhane providing an insightful recap of some of...
FMO has invested in fintech platform Nomanini to further boost its pan-African expansion. The participation...
The Australian venture capital firm TEN13 has invested an undisclosed amount of pre-seed funding in...
We are delighted to share another edition of our monthly Dealmaker’s Log, which tracks the...
Toyota Tsusho and its group company CFAO has invested in Moja Ride, which operates a...
African Infrastructure Investment Managers (AIIM), one of Africa’s largest infrastructure-focused private equity fund managers, together with the management team of...
Nuru has closed a convertible note investment from Proparco as part of its series B...
A SELECTION OF COFFEE CONVERSATIONS The first day of the 2021 annual SAVCA conference kicked...
INMA Holding, a private equity firm dedicated to Tunisian SMEs, has announced the acquisition of...
SouthBridge Investments (SBI) and New African Capital Partners (NACP) have announced the launch of their...