Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest ...

African private capital activity showed notable resilience in 2024, marked by increased participation from African LPs, continued reliance on proven sectors like Consumer Staples and Financials, and ...

FCMB Asset Management (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed ₦100 bn FCMB–TLG Private Debt Fund Series 1. "This is Nigeria's first local currency private ...

British International Investment (BII), the UK’s development finance institution and impact investor, has announced a $7.5m debt investment in Nigerian agri-tech platform, Babban Gona, to boost food ...

AfricInvest has announced the final close of its AfricInvest Fund IV with total commitments of $411m. Launched two years ago with a hard cap of $400m, AfricInvest IV (AF IV) received investment from ...

The Facility for Energy Inclusion (FEI) managed by Cygnum Capital (formerly Lion’s Head Group) has signed a $30m multi-country facility to finance the assets of Equator Energy, a commercial and ...

Futuregrowth Asset Management has led a $3m funding round in CubeSpace, a South African provider of satellite Attitude Determination and Control Systems (ADCS). Futuregrowth Asset Management has led a ...

Standard Chartered, an international cross-border bank, and GuarantCo, part of the Private Infrastructure Development Group (PIDG), have signed a $50m standby liquidity facility. Standard Chartered, ...

The Soros Economic Development Fund (SEDF), the impact investment arm of the Open Society Foundations, has committed $25m to Allied Climate Partners (ACP)—a new and innovative public-private ...

Bosquet Investments, the private investment vehicle of Alain Nkontchou, has acquired a 21.22% stake in Ecobank Transnational Incorporated (ETI) from Nedbank Group. This transaction remains subject to ...

Charles Russell Speechlys has advised Mirova, which aims to provide debt support to SMEs that generate and provide clean energy, primarily in Sub-Saharan Africa and South East Asia, on its $20 million ...

Kasada, an independent real estate private equity platform dedicated to the hospitality industry in Africa, has acquired the former Radisson Blu Hotel & Residence, the 214-room hotel in the center of ...