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 ...
As Africa undergoes a dramatic transformation in its financing landscape, global banks and investors are taking a renewed interest in the continent’s evolving capital markets. A recent report by ...
After a turbulent few years marked by shrinking valuations and investor pullback, the global fintech industry is turning the page. According to the newly released Global Fintech Report—a joint effort ...
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 ...
Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), a fund managed by Africa50, has announced the first close at $118m, marking a major milestone in accelerating the ...
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 ...
Afriwise, Africa’s fastest-growing legal-intelligence platform, has acquired LawExplorer, South Africa’s most established provider of regulatory monitoring and analysis tools. “This is not just an ...
LeapFrog Investments has exited its stake from Goodlife Pharmacy, East Africa’s largest retail pharmacy platform, to CFAO Healthcare, a leading distributor of pharmaceutical and medical products in ...
Nedbank CIB and Investec Investment Banking have provided a strategic funding package comprising equity and structured debt to Master Plastics, a dynamic Group of predominantly food and ...
IFC and TLG Capital have announced the first close of a new private credit fund, TLG Africa Growth Impact Fund II (AGIF II), with $75m raised. IFC and TLG Capital have announced the first close of a ...
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 ...
Aruwa Capital Management, a Lagos based female founded and led early-stage growth equity and gender lens fund manager, has raised 90% towards its $40m target for its second fund, Aruwa Capital Fund II ...