Business Intelligence

 
November 24, 2020

Accelerex raises US$20-million from African Capital Alliance

Accelerex, a Mauritius headquartered payment terminal service provider to banks and merchants in Nigeria, has raised US$20-million from African Capital...
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November 24, 2020

Cote d’Ivoire based impact investor exits its investment in Vallesse Editions

Comoé Capital has exited its investment in Vallesse Editions, a publishing company that is based in Cote d’Ivoire. Vallesse Editions...
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November 13, 2020

Energy 2050 Summit looks out beyond COVID by Nick Cottam

When John Selwyn Gummer was Secretary of State for Environment in the 1990s he told an audience not to cheat...
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November 11, 2020

Kudabank raises US$10-million from a consortium of investors led by Target Global

Kudabank, a startup that operates a mobile first bank for consumers and small businesses, has raised US$10-million from a consortium...
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November 9, 2020

CARMA raises equity funding from Microtraction

CARMA, a Nigerian based startup that provides credit assessment data to financial institutions has raised equity funding from Microtraction in...
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November 5, 2020

Wee Media raises US$400,000 from Japanese, Hong Kong and USA investors

Wee Media, an African media company has raised US$400,000 in a funding round from Samurai Incubate Africa (based in Japan),...
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November 2, 2020

iHub acquires eLimu to support its Africa expansion in eLearning

iHub has acquired eLimu, a Kenyan eLearning platform and content provider that has seen significant growth during the Covid-19 pandemic....
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November 2, 2020

Brantu raises equity funding from Sawari Ventures

Brantu, an e-commerce platform based in Cairo, Egypt has raised equity funding from Sawari Ventures. The company was established in...
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October 28, 2020

ILARA Health receives US$1.1-million grant from the Bill & Melinda Gates Foundation

ILARA Health, a Kenyan healthcare startup that provides point of care diagnostic testing to small primary care clinics, has received...
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October 28, 2020

The President of the Republic of Senegal confirms attendance to SIM Senegal Virtual Mining Summit

The SIM Senegal Virtual Mining Summit is under the high patronage of Macky Sall, President of the Republic of Senegal,...
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October 26, 2020

The Hassan Allam Holding and Almar Water Solutions joint venture acquires Ridgewood Egypt

The joint venture between Hassan Allam Holding and Almar Water Solutions has acquired Ridgewood Egypt. Ridgewood Egypt is a water...
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October 25, 2020

Directors who fail to sell the long-term to investors have weak business models

Directors presiding over alternative funds that have not been performing for long periods typically claim that the challenge at their...
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October 20, 2020

Helios Investment Partners launches Africa Specialty Risk Group

Helios Investment Partners (“Helios”) has launched an African reinsurance company called Africa Specialty Risk Group. The company will be managed...
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October 15, 2020

Crossfin Ventures exits its 12-year investment in wiGroup

Crossfin Ventures (“Crossfin”) has exited its investment in wiGroup, a South African based mobile rewards software company that has merged...
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October 15, 2020

Family Bank agrees to provide up to Sh3-million (US$28K) credit facilities to Kenyan private schools

Family Bank has agreed to provide credit facilities of up to Sh3-million (Sh=Kenyan Shillings) to private schools in order to...
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October 12, 2020

Africa PPP, the infrastructure investment partnerships conference to be held in 2020

The 12th edition of Africa PPP infrastructure investment partnerships conference is back in 2020 but this year will be online...
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October 12, 2020

Vantage Capital invests US$28-million in Cliniques Internationales du Maroc Group

Vantage Capital has invested US$28-million for a minority stake in Cliniques Internationales du Maroc Group, a rapidly growing healthcare company...
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October 9, 2020

SIM Senegal Virtual Mining Summit will be held on the 3rd and 4th of November 2020.

In the continued efforts to showcase Senegal's mining sector, and leading up to the SIM Senegal International Mining Conference &...
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October 7, 2020

Spear Capital invests in Arkay Plastics

Spear Capital has agreed to invest equity in a plastic manufacturer known as Arkay Plastics, based in Zambia, Malawi and...
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September 29, 2020

La Reina raises equity funding led by Algebra Ventures and 500 Startups

    La Reina, an Egyptian based startup has raised equity funding from Algebra and 500 Startups and other angel...
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September 28, 2020

OkHi has raised US$1.78-million from the London based Angel Investment Network

Kenyan based OkHi has raised US$1.78-million from the London based Angel Investment Network. OkHi is a digital addressing system for...
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September 21, 2020

Platform Capital provides equity funding to Big Cabal Media

Platform Capital has invested in Big Cabal Media, which is an African digital media publisher based in Nigeria. The company...
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September 17, 2020

Egyptian healthtech company, Rology, raises US$860,000 in funding led by HIMangel

Rology, the Egyptian based healthtech company has raised $860,000 in equity funding from investors led by HIMangel joined by Dubai...
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September 14, 2020

The Swedfund, IFC, FMO and the Belgian Investment Company invest US$10-million in the African Rivers Fund

The Swedfund, IFC, FMO and the Belgian Investment Company will invest US$10-million in African Rivers Fund. The limited partner amount...
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September 14, 2020

Solarise Africa raises US$10-million from Energy Access Ventures, ElectriFI and Proparco

Solarise Africa has raised US$10-million from its existing investors known as Energy Access Ventures, ElectriFI and Proparco. Solarise Africa is...
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September 8, 2020

Actis invests in the Nile University of Nigeria through Honoris United Universities

Actis has invested in the Nile University of Nigeria through its subsidiary known as Honoris United Universities. The Nile University...
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September 7, 2020

CDC invests US$12-million in Miro Forestry based in Ghana and Sierra Leone

CDC Group has invested US$12-million in Miro Forestry, a sustainable forestry and timber business with plantations in Ghana and Sierra...
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September 7, 2020

Africa E&P Virtual Summit Bulletin

The Africa E&P Virtual Summit is taking shape and announces that since the last pre-event bulletin, Standard Bank, DMT and...
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September 2, 2020

Paymob raises US$3.5-million from Global Ventures and FMO

Paymob has raised US$3.5-million form Global Ventures and the Dutch Development Bank known as FMO, to expand its network of...
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August 31, 2020

Enygma Ventures invests R4.2-million in JobCrystal

Enygma Ventures has invested R4.2-million (US$246k) in JobCrystal, a female led tech-enabled recruitment company. The company was established in 2009...
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August 27, 2020

LightWare LiDAR raises US$1.5-million (R26-million) from Sanari Capital

LightWare LiDAR, a South African producer of machine sensor technology has raised US$1.5-million (R26-million) from Sanari Capital. LightWare was established...
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August 20, 2020

Africa Foresight Group raises US$700,000 from venture capital investors

Africa Foresight Group has raised US$700,000 from investors led by Consonance Investment Managers. Africa Foresight Group was founded in 2016...
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August 17, 2020

The IFC provides US$5.2-million loan to Nyaho Medical Centre

The IFC has provided a US$5.2-million loan to Nyaho Medical Centre, Ghana based health care provider that operates hospitals. The...
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August 17, 2020

WorkPay has raised US$2.1-million from investors led by Kepple Africa Ventures

WorkPay has raised US$2.1-million from a consortium of investors led by Kepple Africa Ventures. WorkPay is a Kenyan cloud-based human...
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August 14, 2020

Verod Capital acquires 100% of AXA Mansard Pensions

Verod Capital has acquired 100% of AXA Mansard Pensions, a Nigeria licensed pension fund administrator that provides pension fund administration...
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August 7, 2020

AG Rhino Advisors invests in mobile advertising startup, Admoni

AG Rhino Advisors has invested in Admoni in a funding round expected to further expand and position the company for...
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August 7, 2020

AfricaCom and AfricaTech will be hosted virtually in 2020

PEafrinsights has agreed to partner with AfricaCom and AfricaTech which will be hosted virtually in 2020. Running from 9 -13...
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August 3, 2020

Leapfrog Investments to buy 24.1% stake in ICEA Lion Insurance Holdings for US$22m

Leapfrog Investments has agreed to acquire 24.1% of ICEA Lion Insurance Holdings for Sh2.4-billion (US$22-million), which is a company that...
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August 3, 2020

RMB Corvest and former SABMiller MD buy equity stake in Switch

RMB Corvest, in collaboration with former MD of SABMillier Africa (Mark Bowman), acquired an equity stake in Switch, an energy...
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July 28, 2020

Merchant Capital shows real impact through funding over 7,000 businesses in South Africa

Merchant Capital, a South African fintech company has provided over R1.5-billion (US$90- million) in funding over 7,000 businesses since its...
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July 28, 2020

AfricInvest secures LP funding commitment of US$30-million from the U.S. International Development Finance Corporation

AfricInvest has raised limited partner (LP) funding commitment of US$30-million from the U.S. International Development Finance Corporation. The funding will...
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July 23, 2020

Vantage Capital invests R82-million (US$5-million) in Alleyroads Group

Vantage Capital has provided R82-million (US$5-million)  of mezzanine debt funding for the development of the Alleyroads Group housing development of...
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July 22, 2020

The Rai family business significantly grows sugar market share through the West Kenya Sugar Company

The Rai family has significantly improved its market share in the Kenyan sugar sector in 2020. The family which owns...
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July 20, 2020

Proparco and Ethos invest US$22-million in Turaco

Proparco and Ethos have agreed to invest US$22-million in Turaco, a holding company that has a portfolio of FMCG companies....
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July 20, 2020

MUA Ltd acquires Kenyan based Saham Assurance for US$11.4-million

MUA Ltd, a Mauritius based insurance company has acquired Kenyan based Saham Assurance for US$11.4-million after approvals from the Kenyan...
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July 17, 2020

Enygma Ventures invests US$1-million in Lupiya (Zambia)

Enygma Ventures has invested US$1-million in Lupiya, a Zambian based micro-finance startup company. This investment will enable the company to...
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July 16, 2020

TradeDepot raises US$10-million from Partech, IFC, WeFi and MSA Capital

TradeDepot has raised US$10-million in equity from a consortium of investors which comprise of Partech, IFC, Women Entrepreneurs Finance Initiative...
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July 14, 2020

Actis exits majority stake in GHL Bank (Ghana)

Actis, a large emerging market private equity investor, has agreed to exit its majority stake in GHL Bank to the...
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July 12, 2020

Rwanda signs agreements to implement the Kigali International Financial Centre

CDC Group, the UK development finance institution, has signed a partnership agreement with Rwanda for the creation of a new...
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July 12, 2020

African Infrastructure Investment Managers exits significant stakes in Cookhouse and REISA

African Infrastructure Investment Managers, one of largest infrastructure alternative investors in Africa has exited its 14% stake in Cookhouse and...
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July 9, 2020

Join the discussions at the Africa E&P Virtual Summit

Frontier is pleased to announce that the Africa E&P Virtual Summit will take place on the 16 - 17 September...
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July 9, 2020

South African fintech company raises US$300,000 in venture capital investor funding

A South African fintech company known as Franc has raised US$300,000 from venture capital investors. Franc is an investment robo-advisor...
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July 5, 2020

Trade finance in Africa can attract private equity in the real economy

Has trade finance been leveraged adequately to facilitate trade in Africa? It is a known fact that trade finance is...
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July 2, 2020

MyBucks South Africa sells 49% stake to Malawian based Mpatsa Holdings

MyBucks South Africa, a fintech company that is the parent company of MyBucks Malawi, has agreed to sell its 49%...
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July 2, 2020

Data and its new position as the most valuable resource – Data & Analytics Virtual Summit West Africa

Data has officially overtaken crude oil as the most valuable resource in the world. Insights gained from data analysis are...
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July 1, 2020

Oil & Gas Leadership and Success Virtual Summit – Your virtual platform for thought leadership, ideas & solutions

This Oil & Gas Leadership and Success Virtual Summit is designed to take you on a step-by-step journey throughout the...
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June 30, 2020

Voodoo Communication launches Life TV in Abidjan (Côte d’Ivoire)

Voodoo Communication has launched a free TV channel called Life TV in Abidjan (Côte d'Ivoire) which will provide family entertainment,...
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June 29, 2020

Africa Exploration in Focus: Somalia

Join Frontier Live for the Africa Exploration in Focus: Somalia Webinar on Thursday, 2 July 2020, 14:00 - 14:45 (British...
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June 27, 2020

Ingressive Capital raises US$10-million for an African based fund

Ingressive Capital, a Nigerian based venture capital firm, has raised US$10-million to  be deployed to tech-enabled startups based in Africa....
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June 26, 2020

HAVAÍC agrees to participate in the equity raise of Mobiz to expand its SMS marketing platform

HAVAÍC, a venture capital firm, has agreed to participate in the equity funding of the SMS marketing platform known as...
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June 24, 2020

Jasco cancels its sale-of-business agreement with African Zaibatsu Corporation

Jasco Trading, the wholly-owned subsidiary of the Jasco Electronics Holdings, has cancelled its sale of business agreement with African Zaibatsu...
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June 23, 2020

Riyada Managers will raise US$300-million in a new North Africa private equity fund

Riyada Managers, a private equity firm that is managed by former Abraaj Group management, has indicated that it plans to...
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June 22, 2020

MoneyFellows has raised US$4-million from Partech and Sawari (Egypt)

MoneyFellows, the Egyptian fintech company has raised US$4 million from Partech as well as Sawari Ventures (based in Egypt). MoneyFellows...
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June 18, 2020

Platform Capital invests in Lipa Later, an East African fintech based in Kenya

Platform Capital, a Nigerian venture capital firm has invested in Lipa Later, a fintech consumer credit platform in East Africa....
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June 18, 2020

Stepping up: Can oil companies be the champions of Net Zero?

Join Frontier Live for the Stepping Up: Can Oil Companies be the Champions of Net Zero?  Webinar on Thursday, 25...
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June 16, 2020

Africa Exploration in Focus – MSGBC Basin

Join Frontier Live for the Africa Exploration in Focus: MSGBC Basin Webinar on Thursday, 18 June 2020, 14:00 - 14:45...
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June 16, 2020

Futuregrowth invests in fintech startup, LifeCheq

Futuregrowth Asset Management (“Futuregrowth”) has invested in fintech startup LifeCheq, a company that offers innovative personal financial planning to professionals...
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June 12, 2020

DHL acquires a minority stake in Link Commerce

DHL has acquired a minority stake in Link Commerce, an e-commerce company that supports the online sales platforms such as...
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June 10, 2020

Merge Tech, a South Africa startup company has raised US$100,000 from Platform Capital

Merge Tech, a South Africa startup company has raised US$100,000 from Platform Capital. Merge Tech is an app that connects...
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June 10, 2020

Crossfin invests in South African fintech startup, truID

Crossfin Ventures has invested in a South African fintech startup known as truID, a platform that provides financial institutions with...
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June 9, 2020

Funding challenges for the oil and gas sector

Join Frontier Live for the Funding Challenges for the Oil & Gas Sector Webinar on Thursday, 11 June 2020, 14:00...
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June 8, 2020

Informa Plc’s AfricaCom, has partnered with PEafrinsights

AfricaCom, a part of Informa Plc, has renewed its mutually beneficial partnership with PEafrinsights. AfricaCom is the African continent's largest...
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June 5, 2020

CDC Group and Novastar Ventures co-invest in mPharma, an African healthcare company

CDC Group and Novastar have co-invested US$17-million in mPharma, a pan-African healthcare company that operates in Ghana, Kenya, Nigeria, Zambia...
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June 3, 2020

Adenia exits its 95% stake in Mauvilac to the third largest paint manufacturer

Adenia has managed to conclude its exit of its 95% stake in Mauvilac to the third largest paint manufacturer known...
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June 3, 2020

The new digital bank, Sparkle launches in Nigeria

Sparkle, a digital banking startup has launched its operations in Nigeria after it was granted a banking license by the...
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June 3, 2020

Inclusivity Solutions raises US$1.3-million from Goodwell Investments

Inclusivity Solutions, a South African insurtech startup has raised US$1.3-million from Goodwell Investments. The startup provides insurance through digital means...
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June 1, 2020

South Africa’s Oil & Gas Future

Join Frontier LIVE for the South Africa’s Oil & Gas Future Webinar on Thursday, 4 June, 14:00 - 14:45 British...
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June 1, 2020

Carlyle to unbundle its African operations into newly formed Alterra Capital

The Carlyle Sub-Saharan Africa Fund will be unbundled to form Alterra Capital, a fund that will be managed by the...
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May 27, 2020

EquityMaven has launched its fintech online valuation platform

EquityMaven, a South African fintech startup, has launched an online valuation platform that can produce investment banking-style business valuations. The...
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May 26, 2020

Spear Capital invests R100-million (US$5.5-million) in e-commerce startup, RunwaySale

Spear Capital has agreed to invest in R100-million in e-commerce fashion retailer RunwaySale. RunwaySale offers exclusive online access to designer...
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May 25, 2020

Peach Payments raises investor equity funding from UW Ventures

Peach Payments, a fintech startup based in Cape Town (South Africa), has raised equity funding from UW Ventures which will...
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May 25, 2020

AgDevCo will provide debt funding to grain storage producer (Tanzania)

AgDevCo has agreed to provide long-term debt funding to a regional leader in the production of grain storage bags in...
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May 22, 2020

Private debt will balance the private equity portfolio asset class

Private equity firms looking to improve the quality of their portfolio should consider private debt in their portfolio asset class....
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May 22, 2020

Plug and Play to open Johannesburg office to support African venture capital

Plug and Play, a Silicon Valley venture capital firm will open an African office which will be based in Johannesburg,...
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May 20, 2020

Agile Capital has R900-million (US$47-million) available to invest in high-growth companies

The South African based private equity firm, Agile Capital, is looking for equity investments in the market and has R900-million...
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May 19, 2020

The impact of Covid-19 on Africa’s oil explorers and producers

Join Frontier Live for the impact of Covid-19 on Africa's oil explorers & producers Webinar on Thursday, 21 May, 2pm...
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May 19, 2020

Helios Towers agrees to buy 65 telecoms sites from Eagle Towers SA

Helios Towers, an African based telecoms tower company has agreed to buy 65 wireless telecoms sites from Eagle Towers SA...
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May 18, 2020

Growth Capital Partners acquires 100% of Nerdworks and Turrito for R24.1-million

Growth Capital Partners has acquired 100% of Nerdworks and Turrito for R24.1-million from Sebata Holdings. Nerdworks, a company that trades...
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May 18, 2020

Nintey One & RMB partially exit investment in Kamoso Africa

Ninety One (previously Investec Asset Management) and Rand Merchant Bank Ventures have partially exited their equity stake in the Botswana...
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May 15, 2020

Novastar Ventures gets commitments of US$108-million and becomes a mega-African venture capital fund

Novastar Ventures, an African venture capital fund has reached financial close for commitments of US$108-million which increases its total fund...
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May 15, 2020

Cairo based Shahry has raised US$650,000 from EGBank

Shahry, an Egyptian artificial intelligence based credit-scoring engine has raised US$650,000 from an Egyptian bank known as EGBank. The platform...
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May 14, 2020

Absa Group invests in startup stock exchange A2X

Absa Group has agreed to invest in the start-up stock exchange A2X Markets. The company began trading in October 2017...
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May 13, 2020

South African fintech startup Zoona, sells its Malawian operational assets to Mukuru

Zoona, a South African fintech startup now remaining with operations in Mozambique and Zambia has sold its Malawian operational assets...
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May 12, 2020

Brimore raises US$3.5-million in Algebra Ventures led funding round

Brimore has raised US$3.5-million in a funding round led by Algebra Venture and the investment is expected to expand the...
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May 11, 2020

Namibia’s Oil & Gas Future webinar

Join Frontier Live for the Namibia’s Oil & Gas Future webinar on Thursday 14 May 2020. You will hear insights...
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May 6, 2020

Fanisi Capital buys minority stake in St Bakhita School for US$2.5-million

Fanisi Capital has acquired a minority stake in St Bakhita School for US$2.5-million. The school is well-established with 3 campuses...
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May 6, 2020

Data & Analytics Virtual Summit – West Africa, to take place in July 2020

PEafrinsights is proud to partner with MarTech Vibes in its Data & Analytics Virtual Summit - West Africa. Data and...
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May 4, 2020

XENO raises US$150,000 from the Nordic Impact Funds

XENO, a Ugandan online investment advisory startup company, has raised US$150,000 from Nordic Impact Funds. XENO is an investment advisory...
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May 4, 2020

Pravica raises US$500,000 in 500 Startups led funding round

Pravica, based in Egypt, has raised US$500,000 from a 500 Startups led seed-funding round. Pravica is a blockchain email service...
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April 30, 2020

Mast Capital and Scott Gibson invest in South African based identity company, Contactable

Mast Capital and Scott Gibson have invested in Contactable, an identity solutions company that provides services to companies in financial...
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April 30, 2020

The founder of Leaph launches new niche search engine platform, Query

A Zimbabwean startup, Query, has launched a search engine that provides a platform for people to share niche knowledge with...
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April 27, 2020

CIB buys 51% stake in Mayfair Bank for US$35million (Kenya)

The Egyptian based Commercial International Bank (CIB) has acquired 51% of Mayfair Bank for US$35-million after obtaining regulatory approval in...
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April 25, 2020

Omidyar Network invests US$600,000 in Nigerian media company, Stears Business

Omidyar Network and other Nigerian investors have provided seed equity of US$600,000 in Stears Business, a Nigerian media company. Stears...
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April 22, 2020

Frontier is launching Frontier LIVE: Webinar Series for the Oil, Gas & Energy Industry

Frontier is delighted to announce the launch of the brand new Frontier LIVE Webinar Series. Frontier LIVE will highlight frontier...
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April 22, 2020

Innervation Pan African Payments acquires The Loyalty Box from Tritech Media

Innervation Pan African Payments has acquired The Loyalty Box from Tritech Media to expand its presence in the payments fintech...
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April 21, 2020

Naivas raises US$15-million from the IFC led consortium

Naivas Group (“Naivas”), a Kenyan retail company has raised US$15-million from a consortium of investors which include the IFC, Amethis,...
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April 16, 2020

African Development Bank will provide US$10-million equity funding to Razorite Healthcare Africa Fund

The African Development Bank (AfDB) has agreed to provide US$10-million equity funding to Razorite Healthcare Africa Fund. The fund is...
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April 15, 2020

Enygma Ventures invests R8.3million (US$460,000) in Play Sense

Enygma Ventures, a US based venture capital company has invested R8.3million in Play Sense, a South African online pre-primary school...
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April 12, 2020

US International Development Finance Corporation provides US$5-million debt facility to Twiga Foods

US International Development Finance Corporation has provided a US$5-million debt facility to Kenyan based Twiga Foods.Twiga Foods is a food...
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April 9, 2020

Norsad Finance provides R150-million debt facility to Grobank

Norsad Finance, an impact investor that provides structured finance has provided a R150-million (US$8-million) medium-term facility to Grobank. Grobank is...
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April 7, 2020

Founder & CEO of Ubisoft invests in Nigerian startup Kwik Delivery

The founder and CEO of Ubisoft (Yves Guillemot),a French video game company, has invested in the Nigerian based Kwik Delivery....
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April 5, 2020

RH Bophelo acquires 100% of Rondebosch Medical Centre

RH Bophelo has acquired 70% of Rondebosch Medical Centre after having already bought a 30% stake in the company in...
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April 2, 2020

Mobiz raises US$2 million to expand its SMS marketing platform

The SMS marketing platform known as Mobiz has raised US$2 million in a funding round that Kalon Venture Partners participated...
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March 31, 2020

Youverify raises US$1.5 million from Orange Digital Venture

Youverify has raised US$1.5 million in a funding round led by Orange Digital Ventures. Youverify is an identity technology company...
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March 31, 2020

GETWINE buys 100% of Sale Wine (South Africa)

GETWINE has acquired 100% of Sale Wine in a move to gain presence in Gauteng province which is the largest...
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March 27, 2020

The Viessman Group buys 40% of ThermoWise

The Viessman Group, a company based in Germany, has acquired a 40% of ThermoWise. ThermoWise is a South Africa supplier...
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March 24, 2020

What will Covid-19 do to the private & alternative sector?

The effects of Covid-19 on the private equity and alternative sector will be significantly felt by sector participants. The truth...
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March 24, 2020

Newtown Partners creates US$20 million venture capital fund with Imperial Logistics

Newtown Partners has agreed to create a US$20 million venture capital fund with Imperial Logistics to identify, invest and nurture...
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March 20, 2020

One Thousand & One Voices leads the recapitalization of SanLei (Lesotho)

One Thousand & One Voices (1K1V), a family office capital fund has agreed to recapitalize SanLei. SanLei is a producer...
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March 20, 2020

Blue Haven Initiative leads US$3.6 million funding round for Field Intelligence

Blue Haven Initiative has led a funding round of US$3.6 million to Field Intelligence. The funding round included Accion Venture...
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March 18, 2020

AfricInvest acquires a minority stake in I&M Bank (Rwanda)

AfricInvest has acquired a minority stake in I&M Bank Rwanda through its investment vehicle known as AfricInvest Evergreen Investments. I&M...
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March 17, 2020

Grindstone Accelerator raises US$1.5 million from SA SME Fund

Grindstone Accelerator has raised US$1.5 million (R24 million) from the SA SME Fund which will be used to expand its...
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March 12, 2020

WomenChoice Industries raises US$200,000 from Gary Matters Capital

WomenChoice Industries raised US$200,000 from Gray Matters Capital. WomenChoice manufactures and distributes low-cost hygiene sanitary products for women as well...
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March 5, 2020

Jooble partners with PEafrinsights to grow its Africa user base

Jooble has finalised the agreement to partner with PEafrinsights in its quest to grow the job seeking user base in...
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March 5, 2020

Snapplify acquires education media company Onnie Media

South African based Snapplify has acquired Onnie Media, an education media company for teachers. Onnie Media began as a small...
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March 3, 2020

Bamboo Capital invests in Socak Katana (Côte d’Ivoire)

Bamboo Capital has led the investment (with Injaro) in Socak Katana, a cocoa cooperative based in Côte d’Ivoire that supports...
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February 28, 2020

What does private equity exit show to investors and where is the stable return?

As the phrase goes “anyone can invest money, but few know how to get it back.” After the deal is...
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February 28, 2020

EXEO Capital exits InteliChem and sells to Masimong Group Holdings

EXEO Capital has sold its entire stake in InteliChem to Masimong Group Holdings. InteliChem is a South African based provider...
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February 26, 2020

PSV Holdings exits its 100% stake in Turbo Agencies Botswana

PSV Holdings has decided to sell its 100% stake in Turbo Agencies Botswana. Turbo Agencies is a company that provides...
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February 26, 2020

Sokowatch raises US$14 million expansion & revamp funding

The Kenyan based e-commerce startup, Sokowatch, has raised $14 million in funding to revamp supply-chain markets for Africa’s informal retailers....
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February 24, 2020

Grand Parade sells Burger King South Africa to Emerging Capital Partners

Grand Parade Investments which owns the Burger King South Africa franchise has agreed to sell its 95% stake to Emerging...
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February 18, 2020

Edelman concludes buyout of Gina Din Corporate Communications

Edelman, a global communications firm has acquired Gina Din Corporate Communications (The Gina Din Group) in order to expand its...
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February 18, 2020

Phatisa leads the full acquisition and de-listing of Rolfes Group

Phatisa has led the 100% acquisition of Rolfes Group, a supplier of agricultural, food, industrial and water chemical management service...
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February 18, 2020

Registration is now open for Real Estate Finance, Investment, Valuation & Modelling workshop

Infocus International Group has released the Real Estate Finance, Investment, Valuation & Modelling workshop and it will be holding in...
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February 13, 2020

Bamboo Capital Partners exits its stake in a micro-finance bank

Bamboo Capital Partners has exited its indirect stake in one of the leading microfinance banks in Nigeria, Accion Microfinance Bank...
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February 13, 2020

Liberia’s Harper Basin License round confirmed at Africa E&P Summit 2020

The Africa E&P Summit 2020 will welcome a delegation from Liberia Petroleum Regulatory Authority (LPRA) and NOCAL to present the...
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February 12, 2020

Brimstone pays R36m (US$2.4m) to increase its stake in Obsidian Health to 80%

Brimstone, a listed investment holding company, paid R36 million (US$2.4 million) to increase its stake in Obsidian Health from 25%...
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February 12, 2020

MMEC 2020 expects to attract more than 1000 participants

The 7th Mozambique Mining, Oil & Gas and Energy Conference & Exhibition is taking place at the prestigious Joaquim Chissano...
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February 11, 2020

Aella raises US$10 million in debt funding from HQ Financial Group

Aella has raised US$10 million in debt funding from HQ Financial Group, a Singapore based private equity fund that specialises...
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February 11, 2020

SunFunder provides US$4million debt facility to Daystar

SunFunder has provided a US$4 million in debt funding to the commercial and industrial solar developer, Daystar Power (based in...
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February 9, 2020

Mastering Energy Storage & Charging Electric Vehicles (EVs) workshop is back for 2020

This 2020, Infocus International is bringing back the Mastering Energy Storage & Charging Electric Vehicles (EVs) workshop. There are two...
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February 9, 2020

Elmenus raises US$8 million from Global Ventures and Algebra Ventures

Egypt-based Elmenus, an Egyptian online food buying platform has raised US$8 million in a funding round led by Global Ventures...
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February 5, 2020

Salt Recruitment Group (UK) acquires Recruit Digital (based in South Africa)

The UK based Salt Recruitment Group has acquired Recruit Digital, a South African company that focuses on marketing, sales and...
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February 5, 2020

Paga acquires a software development start-up operating in Ethiopia

Paga, a Nigerian digital payments start-up has acquired a software development start-up that operates in Ethiopia known as Apposit. Apposit...
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February 3, 2020

PEafrinsights partners with UK based AME Trade

PEafrinsights has partnered with UK based AME Trade, a fast-growing independent business-to-business event organiser in the emerging markets of Africa,...
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February 3, 2020

The Public Private Partnership (PPP) workshop is now available in five international locations

The Public Private Partnership (PPP): Financing, Projects & Contracts workshop is back for 2020. With more sessions in different locations,...
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February 2, 2020

Rensource Energy raises US$3 million from Proparco

Rensource Energy raised US$3 million from Proparco. Rensource Energy aims to develop, build and operate over 100 minigrids with power...
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January 31, 2020

Onomo launches new hotel in Maputo, Mozambique

Onomo Hotels has opened a new hotel in Mozambique (December 2019), bringing its network in Southern Africa to 10 hotels....
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January 26, 2020

The Workforce Holdings acquires Chartall Business College for R35 million (US$2.4 million)

The Workforce Holdings, a South African labour services company has acquired Chartall Business College for R35 million (US$2.4 million) to...
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January 26, 2020

CDC supports Africa based projects with US$400 million of funding

CDC Group, the UK government owned impact investor has secured private equity partnerships in its funding of US$400 million of...
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January 22, 2020

Rwanda will host the 5th edition of Nextv CEO Africa

The 5th edition of Nextv CEO Africa will be held from April 29 to 30, 2020 in Kigali, Rwanda. The...
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January 20, 2020

Onomo Hotel Group buys 60.1% of South African based Bon Hotels

Onomo Hotels bought a 60,1% stake in South Africa-based Bon Hotels further expanding its operations in South Africa. Onomo Hotels...
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January 20, 2020

Ceniarth lends US$2 million to 4G Capital

Ceniarth LLC has provided debt funding of US$2 million to 4G Capital which has concluded a fund raising round of...
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January 16, 2020

Tunisian Hazem Ben-Gacem invests €500,000 in LYOUM

Hazem Ben-Gacem has invested €500,000 in Tunisian fashion brand, LYOUM which will be used to accelerate its international expansion plans...
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January 13, 2020

AgDevCo provides debt capital to Goldenlay (Zambia)

AgDevCo, the UK-based social impact investor has provided debt capital to Goldenlay, a market leader in table eggs in Zambia....
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January 5, 2020

African sectors & countries investors should consider in 2020

Investors looking to invest in Africa will find that there is a lot of choice in 2020. Something different is...
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January 5, 2020

Gas & LNG Markets, Contracts & Pricing workshop is back in Singapore on March 2020

Due to popular demand, the highly requested Gas & LNG Markets, Contracts & Pricing workshop is coming back to Singapore...
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December 19, 2019

Registration opens for 2020 Project Finance & Project Financial Modelling workshop

Singapore – Infocus International Group is accepting registration for Project Finance & Project Financial Modelling workshop. Answering to the demand...
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December 19, 2019

Conduit Capital sells its Constantia Risk and Insurance company to Trustco

Conduit Capital, an investment holding company has agreed to sell Constantia Risk and Insurance to the Namibian financial services group...
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December 12, 2019

Altron will acquire Ubusha Technologies for R360 million (US$24 million)

Altron has agreed to acquire Ubusha Technologies for R360 million (US$24 million). Ubusha Technologies is an identity security provider that...
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December 12, 2019

African telecoms sector indicates key challenges for investors in Africa

A panel discussion with some African network providers at AfricaCom 2019 highlighted the issues they face in providing the African...
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December 10, 2019

Nigerian based Jiji has raised US$21 million for expansion of digital classifieds

Jiji, a Nigeria based digital classifieds company has secured additional equity funding of US$21 million by an investor consortium led...
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December 7, 2019

AfricaCom is Africa’s largest platform that unravels African technology outlook

PEafrinsights was proud to be a partner to the AfricaCom conference and exhibition in Cape Town, South Africa. The organisation...
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December 7, 2019

Egyptian advertising start-up gets $12 million from Saudi investors

Egyptian based Adzily has raised a $12 million investment from the Saudi Arabian investment firm Tharawat Holding Company. Adzily is...
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December 1, 2019

How the African Continental Free Trade Agreement (AfCFTA) will provide exponential growth to companies managed by private equity funds in Africa

The African Continental Free Trade Agreement (AfCFTA) is expected to improve a trade imbalance in which exports and imports between...
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November 28, 2019

Brait plans rights offer to protect its private equity assets

The listed private equity investor Brait will launch an equity capital raise of at least R5 billion in a rights...
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November 27, 2019

Thebe buys controlling stake in Discover Digital

Thebe Investment Corporation has acquired a 51% controlling stake in video streaming company Discover Digital, a company that provides digital...
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November 15, 2019

PEafrinsights partners with Dataxis (based in France)

PEafrinsights has partnered with Dataxis, a company that provides analytics and online database services for in depth indicators on worldwide...
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November 14, 2019

AlphaCode acquires 25% of South African health-tech company

AlphaCode has acquired a 25% stake in Guidepost, a health-tech platform that manages patient diabetes based on personalized data. The...
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November 12, 2019

PEafrinsights partners with Infocus International

PEafrinsights has partnered with Infocus International, a global business intelligence provider of strategic information and professional services serving diverse business...
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November 7, 2019

Silvertree Holdings invests in South African based SKOON

Silvertree Holdings has invested in SKOON, a natural skincare company founded by South African engineer, Stella Ciolli. The investment will...
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November 7, 2019

Adiwale Partners inks €50 million fund for West African Small to Medium Businesses

Adiwale Partners, the private equity investor in small to medium businesses in Francophone West Africa, has raised €50 million as...
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November 7, 2019

The Vumela Fund invests R25m (US$1.7m) in ProfitShare Partners

The Vumela Fund, managed by Edge Growth Ventures has invested R25 million in ProfitShare Partners, a company that provides equity...
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November 1, 2019

Vantage Capital provides €8 million mezz funding to Equity Invest SA

Vantage Capital, Africa’s largest mezzanine fund manager announced today that it has provided €8 million of mezzanine funding to Equity...
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October 26, 2019

The African Leadership Magazine will provide insights on the Insurance Industry in Africa

The African Leadership Magazine UK (AfricanLeadership.co.uk) will be publishing a special coverage of the Insurance Industry in Africa in its...
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October 24, 2019

Africa PPP 2019, Africa’s most insightful gathering of Water, Energy and Infrastructure Stakeholders has begun in Cape Town

The 11th Africa Infrastructure Investment Partnership Conference and Showcase, Africa PPP, is taking place at the Westin Cape Town, South...
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October 18, 2019

African Capital Alliance announces the sale of Cornerstone Tower

African Capital Alliance (“ACA”) today announced the sale of Cornerstone Tower, an A-grade office building in Lagos, to Everty, a...
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October 16, 2019

African High Yield Bonds – What happens when equity yields significantly outperform bond yields?

South Africa and other investment grade rated developing countries need to cautiously watch the global movements of bond inflows. The...
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October 15, 2019

Enygma Ventures starts US$6.8 million fund for Southern African women led businesses

The USA based Enygma Ventures has launched fund with US$6.8 million (R100 million) in women-led entrepreneurial companies operating within the...
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October 11, 2019

Agile Capital buys a stake in energy & telecoms component provider

Agile Capital has acquired a significant stake in Averge Technologies. Averge Technologies is a provider of components such as DC...
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October 11, 2019

Verod Capital exits its 100% stake in UTL Trust Management

Verod Capital Management Limited will exit its ownership of UTL Trust Management, a trust company based in Lagos, Nigeria. UTL...
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October 8, 2019

Mara Group opens first African smartphone factory in Rwanda

Mara Group has launched the first Mara Phone factory in Rwanda which will make African based smartphones for the African...
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October 7, 2019

APO Group shows media relations consultancy at its best in Africa

APO Group has successfully connected the information landscape on the African continent, but what sets them apart from rest? APO...
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October 7, 2019

SweepSouth raises R50 million from local & international investors

SweepSouth has raised R50 million (US$3.3 million) from investors that include Michael & Susan Dell Foundation, Naspers Foundry, Smollan, Vumela...
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September 27, 2019

Private Debt needs to size-up quickly in South Africa

Private Debt is an asset class that will ensure that private equity firms have strong balance sheets that can withstand...
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September 27, 2019

Snapplify secures R30.2 million (US$2 million) funding from Knife Capital & Hlayisani Capital

Snapplify has raised R30.2 million (US$2 million) from Knife Capital and Hlayisani Capital through the South African section 12J venture...
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September 20, 2019

Lwazi Media Ventures buys 30% stake in Ebony+Ivory

Lwazi Media Ventures bought a 30% stake in Ebony+Ivory which is a design and media agency with a 50-year track...
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September 20, 2019

Video Exchange Africa – where great content, innovative tech and commercial sustainability meet to drive the new media space

London, 20 September 2019 – Video Exchange Africa will be the place to be this year, to explore the commercial...
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September 19, 2019

RH Bophelo buys 25% of Genric Insurance

RH Bophelo has agreed to buy a 25% stake in Genric Insurance from IM Investments for R51 million (US$3.5 million)....
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September 12, 2019

VertoFX raises US$2.1 million from investor consortium

VertoFX, an African focused currency trading and payment startup raised a $2.1 million in an equity seed round from a...
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September 4, 2019

Tamela Capital Partners has raised R420 million for mezz debt fund

Tamela Capital Partners (“Tamela”), a subsidiary of Tamela Holdings, has raised R420 million for the Tamela Mezzanine Fund. The fund...
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September 3, 2019

Oikocredit buys minority stake in Credit Bank (Kenya)

Oikocredit, an impact investor has acquired a minority stake in Credit Bank for 1 billion Kenyan shillings (US$10 million) which...
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August 28, 2019

African Rainbow Capital acquires 25% of Capital Legacy

African Rainbow Capital has acquired 25% of Capital Legacy, company that is a provider of wills, estate administration and legacy...
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August 28, 2019

Call for entries for AfricaCom Awards 2019

A little magic will take place at the AfricaCom Awards this year, with the return of old favourites and the...
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August 22, 2019

APO Group partners with PEafrinsights

APO Group has partnered with PEafrinsights in its quest to provide pipeline, advisory and insights to Africa’s potential. The APO...
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August 14, 2019

AgDevCo provides funding of US$9.75 million to DekelOil

AgDevCo has agreed to invest US$9.75 million in DekelOil, which is an agribusiness company that produces palm oil in Cote...
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August 14, 2019

Dangote Refinery is set to complete Africa’s largest oil refinery by 2021 in Nigeria

The Dangote Refinery which had private investor support and Lenders to the tune of US$12-billion is expected to come on-stream...
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August 12, 2019

Healthcent attracts R8 million venture capital funding from Allan Gray and Umkhathi Wethu Ventures

Healthcent has received venture capital funding of R8 million from Allan Gray and Umkhathi Wethu Ventures which will be used...
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August 12, 2019

Pernod Ricard acquires majority stake in Inverroche (South Africa)

The second largest liquor company in the world, Pernod Ricard, has acquired a majority stake in South African distillery Inverroche....
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August 12, 2019

Lebashe will buy Tiso Blackstar media assets for R1 billion

Tiso Blackstar Group (“Tiso”), the Johannesburg Stock Exchange media company has decided to sell 100% of its media businesses to...
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August 5, 2019

DPO Group acquires the South African payment service provider PayFast

DPO Group has acquired the South African payment service provider PayFast. PayFast was established in 2007 by Jonathan Smit and...
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August 1, 2019

Sokowatch expands in East Africa as seed funding rises

Sokowatch, a company that facilitates the order and delivery of goods for informal retailers has expanded operations in Rwanda and...
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August 1, 2019

AJ Capital acquires Kenya start-up micro insurance company

Dubai based AJ Capital has acquired a 51% stake in Kenyan start-up, Insurance For All. Insurance For All is a...
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July 24, 2019

Africa PPP – Africa’s most influential event on Infrastructure Financing is back in Cape Town, South Africa!

Now into its 11th year, hosted in Cape Town, South Africa, - Africa PPP Infrastructure Investment Partnerships Conference will take...
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July 23, 2019

Family private equity fund invests in The Rosehip Company (Lesotho)

One Thousand & One Voices (1K1V), a family private equity fund has invested in The Rosehip Company which is an...
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July 23, 2019

AHL Venture Partners invests in Agri-Lab testing company in East Africa

AHL Venture Partners, an East African impact investor has invested in Crop Nutrition Laboratory Services Ltd (“Crop Nutrition”) with the...
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July 23, 2019

Nahdet Misr Publishing Group invests US$100,000 in Colnn (Egypt Venture Capital)

Nahdet Misr Publishing Group (through EdVentures) has provided US$100,000 for an equity stake in Colnn, a company based in Cairo,...
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July 16, 2019

Sterling Capital buys a 20% stake in Afvest (Kenyan private equity)

Sterling Capital will acquire 20% of private equity firm, Afvest. Afvest invests in scalable early-stage businesses with potential to generate...
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July 10, 2019

Microtraction has launched the Microtraction Scout Initiative so founders can find Microtraction for start-up funding

Microtraction has a new initiative that will be used to source start-ups with great potential and inspirational founders. The Microtraction...
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July 10, 2019

Knife Capital buys a stake in Cradle Technology Services

Knife Capital has invested in a successful Software-as-a-Service company known as Cradle Technology Services through its section 12J VC fund...
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July 9, 2019

Old Mutual Private Equity acquires Footgear from founders

Old Mutual Private Equity has decided to acquire a majority stake in Footgear, a South African retailer of branded footwear....
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July 9, 2019

SureStart buys CompareGuru to expand its Insuretech reach in South Africa

Online insurer SureStart has acquired CompareGuru, an insurance comparison platform based in South Africa. CompareGuru compares quotes on short-term and...
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July 1, 2019

Lulalend raises $6.5 million from the IFC & Quona Capital

South African digital lender Lulalend has raised a US$6.5 million, an investment by the IFC and Quona Capital. Lulalend will...
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June 24, 2019

AgDevCo is a major contributor to agricultural impact investment in Africa

AgDevCo is an impact investor specializing in agribusiness investments in Sub-Sahara Africa. AgDevCo's portfolio consists of over 50 investments in...
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June 24, 2019

Eos Capital acquires Avbob Namibia Holdings

Eos Capital, a Namibian private equity firm will acquire Avbob Namibia Holdings from the South African parent company known as...
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June 24, 2019

Impact investor AgDevCo provides $5 million to a consortium of macadamia producers

AgDevCo is providing a facility of US$5 million in partnership with Root Capital to a consortium of macadamia processors and...
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June 24, 2019

Naspers Foundry invests R30 million in SweepSouth

The unit of the Johannesburg Stock Exchange listed Naspers, known as Naspers Foundry has invested R30 million in SweepSouth, thereby...
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June 18, 2019

Privatization is a compelling alternative for most state owned companies in Africa

The concept of privatization has been frowned upon by many African governments even though in many cases, this is the...
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June 13, 2019

Is the phenomenon of deflation inevitable in Africa?

Africa has seen one of the largest increases in the price of goods and services over a number of years...
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June 13, 2019

Sahel Capital invests in the shea butter producer, Ladgroup

Sahel Capital, an agricultural private equity company based in Nigeria has invested in Ladgroup Ltd, an agricultural company that processes...
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June 13, 2019

The construction of the Ilubirin mixed-use development takes shape on Lagos Island

The Ilubirin mixed-use development is currently taking place on the North-West coast of Lagos Island with completion of the first...
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June 7, 2019

Helios consortium acquires 96.7% of Egyptian based Misr Hytech

Helios Investment Partners, an Africa-focused private investment firm, and the Egyptian-American Enterprise Fund have acquired 96.7% of Misr Hytech through...
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June 3, 2019

PEafrinsights reviews the Africa E&P Summit 2019

The Africa E&P Summit was an inspiring, enlightening and a learning experience for those interested or already exploring the oil...
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June 3, 2019

Saudi Arabian investors have invested $180,000 in Odiggo (Egypt)

Saudi Arabian investors have provided $180,000 to Odiggo, a tech platform that connects customers with car parts and services in...
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May 28, 2019

Growing African inter-regional trade and trade finance to support African companies

Africa faces the toughest trade market situation ever as it becomes obvious that the laggards in the business of trade...
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May 28, 2019

Capital Appreciation invests R20m in GovChat

Johannesburg Stock Exchange listed Capital Appreciation has agreed to invest R20m in GovChat, a tech platform that connects the citizens...
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May 23, 2019

AgDevCo provides US$3 million to Tradin Organic

AgDevCo has approved a US$3 million revolving facility for Tradin Organic, an organic cocoa farming company based in Sierra Leone....
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May 17, 2019

Oasis Capital invests in Sinel Specialist Hospital

Oasis Capital Ghana, has invested in Sinel Specialist Hospital which is a Tema, Ghana based specialist hospital that provides affordable...
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May 17, 2019

Menengai Group plans to acquire 100% of Aquamist

Menengai Group, which is owned by the Rai family will acquire a water bottling company known as Aquamist, based in...
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May 17, 2019

Verod Capital exits its 100% shareholding in Rotoprint

Verod Capital Management Ltd has fully exited its ownership of Rotoprint Ltd, a packaging company based in Nigeria. Rotoprint is...
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May 17, 2019

DOB Equity invests in water producer Jibu Tanzania

DOB Equity, a Netherlands based impact investor has invested in Jibu Tanzania, a company that produces clean drinking water to...
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April 28, 2019

African governments are spending too much time regulating African entrepreneurs out of business

It is quite interesting how African countries can be surprised by the high data costs that telecoms companies are charging...
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April 28, 2019

Vantage Capital exits mezzanine facility in Thebe Timrite

Vantage Capital, Africa’s largest mezzanine debt fund manager has fully exited its investment in Thebe Timrite, which is a leading...
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April 28, 2019

Air Mauritius buys a 20% stake in the airport duty free shops for $11 million

Air Mauritius has agreed to buy a 20% stake in Mauritius Duty Free Paradise Co. Ltd which is a company...
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April 28, 2019

The Central Bank of Egypt plans to invest $58m to fintech

The Central Bank of Egypt in partnership with the Egyptian government is planning to launch a $58m fund to support...
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April 18, 2019

AfricInvest and Cathay Capital will form a $168 million Africa fund

AfricInvest, a private equity firm based in Tunisia has partnered with Cathay Capital, a global private equity firm based in...
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April 18, 2019

Cipla Medpro South Africa acquires 30% of Brandmed

Cipla Medpro South Africa will acquire 30% of Brandmed, a South African based healthcare company. Brandmed was established in 2014...
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April 18, 2019

Kevian Kenya secures a €10 million loan from the German sovereign wealth fund

Kevian Kenya, a juice making company with brands known as Afia and Pick ‘N’ Peel has secured a loan of...
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April 9, 2019

AgDevCo provides a $3 million mezzanine loan to the Rwanda based Minimex

AgDevCo has provided a mezzanine loan to Minimex, which is a Rwanda based maize milling company with a strong portfolio...
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April 9, 2019

The Africa E&P Summit announces its speakers

The Africa E&P Summit and Exhibition is delighted to announce it’s 2019 program being held from the 22- 23 May...
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April 9, 2019

OneFi secures $5 million debt facility from Lendable

OneFi, a Nigerian based micro-finance company has obtained an approval for debt facilities of $5 million from Lendable, based in...
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April 9, 2019

Brimore raises $800,000 from equity funders led by Algebra Ventures

Brimore, an Egyptian company has raised $800,000 in seed funding from investors led by Algebra Ventures with participating investors such...
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April 4, 2019

AFDB invests €12.5 million in Adiwale Partners based in Cote d’Ivoire

The African Development Bank (AFDB) has agreed to invest €12.5 million in Adiwale Partners which is a private equity fund...
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April 4, 2019

Tofino Capital invests $150,000 for shares in SeamlessHR

Tofino Capital the US based early-stage investor has bought a stake in Nigerian based SeamlessHR for $150,000. The technology start-up...
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April 4, 2019

Individual investor buys equity in Bwala Africa Group

Silicon Valley Venture Capital investor, Justin Caldbeck has invested in Bwala Africa Group, which is a last mile logistics company...
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April 1, 2019

mPharma will buy Kenyan based pharmacy group, Haltons

The start-up pharmaceutical company, mPharma (based in Ghana) is buying the Kenyan based pharmacy retailer, Haltons. This acquisition is typically...
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April 1, 2019

The African Development Bank invests $20 million in Uhuru Investment Partners

  The African Development Bank (AFDB) has agreed to invest US$20 million in a fund managed by Uhuru Investment Partners....
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April 1, 2019

Outlierz Ventures has invested in a spectrum of African startups (WaystoCap, Asoko Insights, Sokowatch and MaxAB)

Moroccan venture capital fund Outlierz Ventures has invested in five startups which are WaystoCap (Moroccan based business to business e-commerce),...
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March 29, 2019

The Africa E&P Summit and Exhibition

22 - 23 May 2018 at The IET: Savoy Place, London Your Upstream Connections into Africa The Africa E&P Summit...
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March 25, 2019

South African based FlexClub raises $1.2 million from investors

FlexClub, a South African startup, raised $1.2 million through a seed round led by CRE Venture Capital. FlexClub is platform...
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March 25, 2019

Sovereign Foods buys the Blue Hills Hatchery (South Africa)

South African based Sovereign Foods has acquired the Blue Hills Hatchery, a company based in Midrand, Johannesburg. The Blue Hills...
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March 19, 2019

Sasfin acquires a part of the fintech ecosystem via Payabill

  South African based bank, Sasfin has acquired a strategic stake in fintech startup Payabill which is a digital lending...
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March 19, 2019

African based Jumia will list on the New York Stock Exchange

Jumia, the African e-commerce platform based in Nigeria has filed for an IPO on the New York Stock Exchange. Jumia...
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March 19, 2019

FMO provides convertible loan to the Egyptian based Dopay

FMO has provided a €1m convertible loan facility in technology start-up Dopay which is a company that provides payments and...
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March 9, 2019

Mara Group will open the first African based cellphone factory in South Africa

Mara Group has decided to invest R1.5 billion in cellphone manufacturing plant at the Dube Trade Port Special Economic Zone...
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March 9, 2019

Vunani buys 67% of Metropolitan Life Swaziland for R55 million

Vunani has acquired 67% of Metropolitan Life Swaziland for R55 million and awaiting the Eswatini regulatory authority to approve the...
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March 9, 2019

NBK Capital participates in the acquisition of King Integrated American School

NBK Capital Partners, an alternative investor based in UAE has participated in the acquisition of 100% of King Integrated American...
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February 25, 2019

Africa’s major Pension Funds to meet in Mauritius to debate investment strategies

  February 2019, Mauritius – Eskom Pension & Provident Fund; Kenya Power Pension Fund; Telkom Retirement Fund;  Pencom; Government Employees...
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February 25, 2019

EXEO Capital buys a 36.5% stake in Jumbo Brands

EXEO Capital has acquired a 36.5% stake in Jumbo Brands which is a manufacturer of fruit juice concentrates, squash, cordials,...
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February 25, 2019

Finland based institution provides a €2.5 million secured loan to Africado

Finnfund based in Finland has approved a €2.5 million secured loan to Africado, which is a Tanzanian avocado producer. Africado...
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February 25, 2019

RapidDeploy raises US$12 million from GreatPoint Ventures and Samsung NEXT

RapidDeploy, a cloud-based software company has raised US$12 million from GreatPoint Ventures and Samsung NEXT in their first funding round....
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February 25, 2019

Private Property buys the Property Show business from Spintelligent

Private Property has acquired the Property Buyer Show from South African media company Spintelligent in order grow its customer base...
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February 20, 2019

GL Events SA acquires 60% of Johannesburg Expo Centre 2002 (Pty) Ltd

GL Events has acquired a 60% stake in Johannesburg Expo Centre therefore becoming the majority shareholder in the largest exhibition...
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February 20, 2019

AgDevCo and Centurion Agri Partners invest in Nakifuma

AgDevCo and Centurion Agricultural Partners have invested a large undisclosed amount in Nakifuma Farming Company. The funding will be used...
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February 6, 2019

Growth in the African middleclass by 1% will have a strong impact on alternative investor returns

The alternative investor in Africa has the upside from a 1% growth in the African middle-class. Fraym (a data consulting...
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February 6, 2019

AgDevCo provides a $3 million trade finance facility to Kupa Kokoo (Ghana)

Kupa Kokoo, a cocoa buying company based in Ghana has received a trade finance facility of $3 million from well-known...
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February 6, 2019

CDG Capital Private Equity invests in Steripharma

CDG Capital Private Equity, a Moroccan based private equity firm has invested in Laboratoires Steripharma, a pharmaceutical company based in...
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January 23, 2019

Business Intelligence: – Investors in the Kenyan tech-startup ecosystem

The Kenyan start-up investor group has grown exponentially, especially for new tech companies that have a great product or service...
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January 23, 2019

South African based Group Five sells two subsidiaries to private equity companies for R480 million

Group Five has sold two of its subsidiaries to a consortium of two private equity firms for an agreed amount...
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January 23, 2019

AgroCenta has raised equity of $650,000 for expansion of its agri business in Ghana

AgroCenta will receive an additional $650,000 in equity to expand its operations in the Ghana agri sector after it previously...
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January 23, 2019

Goodwell Investments provides $2 million equity funding for Copia Global

Goodwell Investments has invested $2-million in Copia Global, a Kenyan consumer goods e-commerce company. Copia uses technology and a network...
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January 11, 2019

SA Corporates have resorted to theft of ideas from start-ups

The new trend in South Africa is corporates that engage in theft of ideas from start-ups trying to get a...
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January 11, 2019

Kenyan based CBA buys the Jamii Bora Bank for 1.4 billion shillings (US$14m)

The Kenyan based Commercial Bank of Africa has decided to buy Jamii Bora Bank for 1.4 billion shillings (US$14m). The...
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January 11, 2019

AgDevCo invests in a Ugandan coffee bean company, Great Lakes Coffee

AgDevCo has invested in Great Lakes Coffee, a company that produces high-grade coffees which it sources from over 20,000 small...
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January 11, 2019

The US launches the International Development Finance Corporation to assist Emerging Countries

The US Senate passed a law that will result in the creation of a new US government agency called the International...
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January 8, 2019

Swedfund provides a loan of €10 million to Premier Credit (Kenya)

The Swedish Development Finance Institution known as the Swedfund has provided a loan of €10 million to Premier Credit which...
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January 8, 2019

Enviu secures equity funding of $800,000 from the Mastercard Foundation

Enviu has secured $800,0000 in funding for its newly created product called the Peoples Pension Trust Ghana which provides micro-pensions...
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January 8, 2019

StanChart disposes of its private equity portfolio to ICG Strategic Equity

Standard Chartered has disposed of its private equity business to ICG Strategic Equity, underpinned by a management buyout by Affirma...
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January 8, 2019

Adenia Partners buys Kenyan retail company known as Tumaini

Adenia Partners has bought a retail company known as Tumaini Self Service, based in Kenya. The funding provided by Adenia...
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December 17, 2018

Vantage Capital expands its African exposure by funding Pétro Ivoire in Côte d’Ivoire

Vantage Capital has provided mezzanine funding of €19 million (R310 million) to Pétro Ivoire which is a distributor of petroleum...
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December 17, 2018

Angola plans to support small independent oil and gas producers

The Angolan government has decided to support smaller independent oil and gas producers to begin bidding for operations based on...
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December 17, 2018

Ernst & Young South Africa partners with Motlanalo Chartered Accountants

Ernst & Young South Africa (EY) has gone into a strategic partnership with Motlanalo Chartered Accountants and Auditors Incorporated. Motlanalo...
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December 10, 2018

Experian buys Compuscan for R3.7 billion

Experian has decided to buy Compuscan for R3.7 billion to expand its reach in the credit bureau and analytics industry...
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December 10, 2018

Kobo360 startup secures $6 million from IFC and participating investors

Nigerian logistics startup, Kobo360 has secured a $6 million equity investment from the International Finance Corporation (IFC) and other participating...
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December 10, 2018

The African Startup Summit will provide a pitch opportunity for startups at the summit

The Africa Startup Summit to be held in Kigali (Rwanda) on the 14-15 of February 2019 will allow for 10...
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December 10, 2018

Kenyan based Kukua attracts $2.5m from investors

A group of investors have provided seed funding to the Kenyan based Kukua which uses mobile gaming to improve the...
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November 30, 2018

AgDevCo gets £55 million to invest in African agri-businesses

  AgDevCo has received £55 million in additional investment from the United Kingdom’s Department for International Development. AgDevCo is an...
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November 30, 2018

DOB Equity invests in the Kenyan based Ten Senses Africa

The Dutch family-backed investor DOB Equity has invested in Ten Senses Africa (Kenya) which is an organic macadamia producer and...
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November 19, 2018

Kalon and VC Compass both invest in FinChatBot (South Africa)

South African based Kalon Venture Partners and Mauritius based VC Compass have bought shares in FinChatBot. FinChatBot is a company...
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November 19, 2018

TRACE buys a stake in CoinAfrique (Senegal)

TRACE, a French media company has bought a stake in Senegal based mobile classifieds company known as CoinAfrique. The startup...
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November 14, 2018

Knife Capital buys a significant minority stake in PharmaScout

Knife Capital has bought a significant minority stake in 5nines Technologies which owns an internet of things (IOT) pharmaceutical temperature...
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November 14, 2018

Maitland acquires 100% of Johannesburg based Talaria

Maitland has acquired 100% of Johannesburg-based Talaria which is a successful fiduciary business owned by tax, accounting and fiduciary specialist...
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November 1, 2018

PEafrinsights buys a significant stake in CMG International Media Group

PEafrinsights through its group, Eliofin Proprietary Limited has agreed to acquire 13% of the South African operations of CMG International...
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November 1, 2018

Stadio acquires 100% of Prestige Academy to grow higher education in South Africa

Stadio, the private higher education company has acquired 100% of Prestige Academy Proprietary Limited through its subsidiary, Stadio Investment Holdings...
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November 1, 2018

Injaro invests in the industrial business of Novafrique Industries

Injaro Investments has invested in Novafrique Industries, a company that manufactures household soap from its Cote d’ Ivoire operations. Novafrique...
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October 24, 2018

The PIC and Pelo Agricultural Ventures agree to buy a stake in Karan Beef for R5.2 billion

The Public Investment Corporation (PIC) and Pelo Agricultural Ventures have agreed to acquire a significant stake in Karan Beef for...
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October 24, 2018

Investec Asset Management acquires Richfield Holdings (South Africa)

Investec Asset Management has acquired the business of Richfield Holdings which is a group of private colleges operating in South...
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October 24, 2018

GreenTec invests in the Nigerian based courier, Parcel-it

GreenTec has invested in the Nigerian based Parcel-it which is an on-demand logistics company that would like to meet the...
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October 24, 2018

Cape Town based HAVAÍC buys a 10% stake in Instant Property Rental Holdings

HAVAÍC has agreed to buy a 10% stake in Instant Property Rental Holdings. The funding provided will allow the Instant...
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October 15, 2018

Crossfin buys 45% of Crossgate Technologies from Tritech Media

Crossfin has decided to acquire 45% of Crossgate Technologies from a media technology company known as Tritech Media. Randvest Capital...
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October 15, 2018

Cognition will buy 50% of online platform, “Private Property” for R127 million (or $9m)

Cognition, a company listed on the JSE in South Africa has agreed to buy 50% of an online platform known...
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October 15, 2018

The Mining Indaba Conference in South Africa has been acquired by ITE Group (UK)

Euromoney, the international learning and events group has concluded an agreement to sell the Mining Indaba Conference to ITE Group...
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October 11, 2018

The African market is less risky for alternative investors in growth companies

Sub-Saharan Africa has massive upside for private equity and alternative investors looking for potential exponential organic growth. In Africa, an...
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October 11, 2018

Mathupha Capital has agreed to acquire Aveng Rail for R133 million (or US$9m)

Mathupaha Capital has agreed to buy Aveng Rail for R133 million (or US$9m) which is subject to regulatory approval, including...
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October 11, 2018

Microtraction invests in accounting platform startup known as Accounteer

Microtraction has invested in cloud accounting startup Accounteer based in Nigeria. Accounteer is a platform that was created to provide...
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October 3, 2018

L’Oréal participates in Partech Africa’s fund that is expected to reach $122 million

L’Oréal, the French cosmetics group has supported the venture capital firm known as Partech Africa with an undisclosed investment. Partech...
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September 26, 2018

AdvTech agrees to buy a controlling interest in Monash South Africa

AdvTech a JSE listed education company has agreed to acquire a controlling interest in Monash South Africa in a transaction...
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September 26, 2018

Egyptian agritech startup has raised seed capital from the HIMangel

FreshSource based in Egypt has raised seed capital from HIMangel, a Cairo-based angel fund. The agritech startup was founded by...
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September 26, 2018

Verod Capital Partners gets equity of $15 million from the African Development Bank

African Development Bank has approved a $15 million equity investment in Verod Capital Growth Fund III, a private equity fund...
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September 17, 2018

Paga, based in Nigeria has raised $10 million

Fintech Nigerian startup Paga has raised $10 million from the Global Innovation Fund, Goodwell, Adlevo Capital, Omidyar Network and Unreasonable...
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September 7, 2018

Yoco attracts $16 million from investors (South Africa)

South African Yoco has raised $16 million from investors which will be used to expand its network of small business...
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September 7, 2018

Marlow Capital participates in buyout of 1-Grid (South Africa)

Marlow Capital has participated in the buyout of 1-Grid, previously the hosting division of ISP Web Africa. Marlow acquired a...
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September 7, 2018

EXEO Capital invests $6.4 million in Capital Fisheries Zambia

EXEO Capital has invested $6.4 million in Capital Fisheries a Zambian food distributor that specialises in the cold-chain distribution of...
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September 7, 2018

Prepclass (Nigeria) gets expansion funding from Rise Capital

Nigerian online tutoring marketplace, Prepclass, a Nigeria online tutor has secured funding from an American venture capital firm known as...
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September 7, 2018

DPI buys 33% of MNT Investments (Egypt) for $45 million

Development Partners International (‘DPI’), an African focused private equity firm has invested $45 million for a 33% stake in MNT...
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August 29, 2018

EXEO Capital and Norfund invest $17 million in Marginpar Flower Group

EXEO Capital and the Norfund have invested US$17 million in a flower producer called Marginpar Flower Group Holdings, a company...
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August 27, 2018

Agile Capital buys 26% of SA Biomedical

Agile Capital has acquired a 26% share in SA Biomedical which is a well-known distributor of orthopaedic, spinal, surgical and...
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August 27, 2018

FMO provides a $450,000 grant to Lendable Kenya

FMO is providing a convertible grant to Kenyan-based fintech platform Lendable which will be ‘first loss” cover to commercial investors...
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August 22, 2018

Lack of “agility” is keeping SA CEOs awake

There was a time in South Africa when the CEO of a large company could call the regulator or the...
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August 22, 2018

Pam Golding Property acquires Eazi.com

The Pam Golding Property has acquired the online digital estate agency, Eazi.com for an undisclosed amount. The acquisition forms part...
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August 22, 2018

Wallet Nigeria secures funding from Microtraction

Wallet.ng has managed to attract funding from Microtraction to expand its cellphone based platform that facilitates sending and receiving money...
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August 22, 2018

Boomerang Communication Solutions Nigeria partners with Havas Africa

Boomerang Communication Solutions, the Nigerian advertising and branding agency has partnered with the French arm of Havas Group in Africa,...
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August 22, 2018

Jamii Africa Tanzania has raised part of the $2 million required for its micro-health insurance start-up

Jamii Africa has received funding from the founder of NewWave Technologies (Patrick Munis). Jamii Africa is a micro-health insurance company...
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August 13, 2018

Notification to cross border investors between South Africa and Mozambique

Investors are notified that the One-Stop Border between Mozambique and South Africa has been opened for operations at the largest...
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August 13, 2018

PAPE Fund Managers acquires 48% of Laser Group (South Africa)

PAPE Fund Managers has acquired a 48% of Laser Group. Laser Group is one of the largest independent logistics businesses...
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August 6, 2018

Grant Thornton will merge with BDO in South Africa

Grant Thornton has agreed to merge with BDO in South Africa, a decision that will make BDO the largest mid-market...
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August 6, 2018

Gray Matters Capital invests in Redbird Health Tech (Ghana)

Gray Matters Capital, a US based impact investor has invested in Ghana’s Redbird Health Tech. Redbird Health Tech is a...
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August 3, 2018

The Swiss are interested in providing South Africa with private equity investments

  Helical Capital Partners has been established by Swiss based Partners Group and South African based Convergence Partners to provide...
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August 3, 2018

Sokotra Capital acquires 100% of North African fish-farm L’Aquaculture Tunisienne

Sokotra Capital, a Dubai based private equity company and its investor consortium has acquired fish farm L’Aquaculture Tunisienne. The company...
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July 24, 2018

ZAR X, 4 Africa Exchange (4AX), A2X Markets. Why are the new South African exchanges getting it wrong?

The arrival of ZAR X, 4 Africa Exchange (4AX), A2X Markets and Equity Express Securities Exchange (EESE) has not yet...
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July 24, 2018

Africa.com acquires iAfrica to expand its media business

Africa.com has acquired iAfrica from Primedia and MTN. The media business known as iAfrica was founded in the late 1990s...
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July 24, 2018

ASO Capital places its bets on the courier based business of SkyNet South Africa

  ASO Capital is currently working with a courier parcel business known as SkyNet South Africa in a share acquisition...
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July 24, 2018

Scan Logistics buys 55% of Mali based Macca Logistics

Scan Global Logistics has acquired 55% of Mali based Macca Logistics together with the operational offices in the ports of...
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July 24, 2018

TPG Growth acquires 34% of the Wilderness Holdings Botswana

TPG Growth, a $2.1 billion impact investment fund has decided to acquire a minority share in the Wilderness Holdings, a...
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July 24, 2018

Apollo Agriculture based in Kenya raises $500K in new funding

Apollo Agriculture (Kenya) has been provided with funding of $500,000 by the Dutch development funder FMO and Rabobank. The company...
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July 13, 2018

Cap Tamarin Mauritius gets funding from South Africa’s Vantage Capital

Cap Tamarin, a Mauritius real-estate, hospitality, education and agricultural company has been provided with $10 million in mezzanine funding from...
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July 13, 2018

Kenya leads in tech funding value in Africa

A recent WeeTracker media report on African tech indicated that from January-June 2018, Kenyan startups got the bulk of investment...
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July 13, 2018

AgDevCo invests $2.3 million in Saise Farming Enterprises (Zambia)

AgDevCo has invested $2.3 million in Saise Farming Enterprises Limited which is a seed potato processing company in Zambia. Saise...
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July 9, 2018

The IFC buys some equity in Twigga Foods (Kenya)

The International Finance Corporation (IFC) has decided to buy equity for $3 million in Twigga Foods which is a food...
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July 9, 2018

Microtraction invests in tech-based saving platform, CowryWise (Nigeria)

Microtraction has invested in CowryWise, a company which provides a platform for personalised financial services with a high interest rate...
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June 28, 2018

Medhold Group offloads 50% of its shares to Old Mutual Private Equity

Old Mutual Private Equity based in South Africa has acquired a 50% stake in Medhold Group which is an end-to-end...
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June 24, 2018

Private Credit is the next frontier in the South African private equity sector

South Africa has managed to create the largest private equity eco-system in the African continent and this alternative investment market...
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June 22, 2018

Randvest Capital acquires MyCybercare (South Africa)

Randvest Capital has acquired an insuretech company (MyCybercare) that is focused on providing insurance cover for cyber-attacks on individuals and...
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June 22, 2018

Vox Telecoms shareholders are selling their stake for R3 billion

Vox Telecoms shareholders (Rand Merchant Bank and Investec) have decided to sell their stake for R3 billion to interested investors....
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June 22, 2018

Adapt IT acquires LGR Telecommunications for R74 million

Adapt IT has acquired LGR Telecommunications and its subsidiaries for R74m, a transaction that is expected to diversify the group’s...
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June 12, 2018

Approved working capital funding of $1.2m to Questworks Kenya

A renewable energy company known as Questworks has sourced working capital debt funding of $1.2m from SunFunder. The funding will...
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June 12, 2018

Williamsville Sears Management in talks to acquire 70% of Turner Wright Nigeria

Williamsville Sears Management intends to acquire 70% of Turner Wright, a pharmaceutical firm based in Nigeria. Turner Wright manufactures and...
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June 12, 2018

IFC invests $60 million in the Bank of Africa Group

The IFC has decided to invest $60m to support the Bank of Africa Group to lend to small and medium...
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June 6, 2018

Williamsville Sears Management in talks to acquire 100% of Ghana based True Life Capital Microfinance

Williamsville Sears Management has indicated its intention to acquire 100% of Ghana based True Life Capital Microfinance Limited, subject to...
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June 6, 2018

Family-backed private capital invests in Higher Ed Partners South Africa

One Thousand & One Voices, a private family capital fund backed by families from around the world, has invested in...
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June 6, 2018

Entlaqa Egypt raises $300,000 from Saudi investors

A software company known as Entlaqa based in in Egypt has sold 30% of its equity for $300,000 to Saudi...
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June 6, 2018

Piggybank Nigeria raises $1 million in venture capital funding

Piggybank.ng, a Nigerian online and mobile app savings platform has raised $1m from a consortium of investors led by LeadPath...
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June 6, 2018

I&M Bank receives financing of $10 million

A subsidiary of I&M Bank received $10 million from the International Finance Corporation which will be used to assist small...
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May 25, 2018

How can African companies be supported through Trade Finance?

It is a known fact that trade finance is a difficult product to use in Africa as investors and banks...
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May 25, 2018

Sensor Networks raises $1.2 million equity in South Africa

South Africa’s Sensor Networks has raised $1.2 million from Sanari Capital for the expansion of its services. Sensor Networks is...
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May 25, 2018

Funguo Investments buys 51% of FeastFoods for $10m

Funguo Investments has acquired 51% of Feastfoods Processors Ltd (“FeastFoods”) for $10 million. FeastFoods is a producer of mango, pineapple...
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May 9, 2018

Mapping a business into the African landscape

Doing business in Africa is one of the most inspiring. The competitive landscape is intense. Our concept of rational buyers...
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May 9, 2018

Swedfund participates in TLG Capital’s Credit Opportunities Fund

TLG Capital has secured additional funding for its Credit Opportunities Fund. The DFI known as Swedfund has agreed to invest...
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May 4, 2018

La Reina Egypt has raised $1m from venture capital investors

La Reina, an online fashion retail platform based in Egypt has found an investor who has agreed to invest $1m...
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May 4, 2018

DOB Equity acquires Sarura Commodities Rwanda

DOB Equity, a Dutch impact investor has acquired Sarura Commodities. Sarura Commodities is a grain trading company that links small...
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May 4, 2018

DataProphet finds a new investor for its expansion

Knife Capital has invested in Cape Town based machine learning startup DataProphet. DataProphet is a company with the ability to...
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April 30, 2018

Marriot is leading in Africa on hotel construction

Marriot International is leading in hotel construction in Africa based on a survey done by the W Hospitality Group. Marriot has a development...
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April 17, 2018

Interested investors: The Tunisian government is selling a bank and an insurance business

The Tunisian government is in the process of selling a 69.15% stake in Banque Zitouna which offers Islamic banking services...
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April 17, 2018

Proparco buys shares in JUMO for $3 million

Proparco has invested US$ 3 million in JUMO which is a technology start-up that offers unbanked or under-banked people access...
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April 17, 2018

Sahel Capital invests in Nigerian rice producer

Sahel Capital has used its agricultural fund to invest in Coscharis Farms Limited, a subsidiary of Coscharis Group based in...
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April 17, 2018

Simulation Engineering Technologies sells 70% stake to 4Sight Holdings

4Sight Holdings has agreed to acquire 70% of Simulation Engineering Technologies for R54 million. Simulation Engineering Technologies is an independent...
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April 17, 2018

Mozambican vegetable producer finds private equity investor

Mozambican vegetable producer known as Companhia do Vanduzi has secured a private equity investment from Takura Capital, a Zimbabwean based...
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April 11, 2018

Sagarmatha Technologies has a great concept. But why list on the JSE?

Sagarmatha Technologies has decided to list its portfolio of media and technology assets on the Johannesburg Stock Exchange (JSE). The...
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April 6, 2018

Terragon Nigeria will spend $5 million on technology expansion

Terragon has secured funding of $5 million from TLcom Capital and other investors which will be used to expand its...
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April 6, 2018

Former CEO of Dimension Data invests R10 million in Gather Online

Former Dimension Data CEO, Brett Dawson invested R10m in social discovery and messaging platform known as Gather Online. The social...
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March 20, 2018

Africa’s best renewable energy story: Morocco’s solar power project

Morocco will be home to the world’s largest solar power farm which will be as big as Paris (France) and...
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March 15, 2018

Do African medium-to-small businesses understand the public affairs of the country they operate?

It is a simple yet complex question. Does the mid-tier private sector know where government is actually spending money? Understanding...
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March 15, 2018

AgDevCo can provide equity/debt funding to farmers that need up to $5 million

Are you a farmer? Do you need funding? AgDevCo can invest between $1 million and $5 million of debt and...
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March 15, 2018

Kenyan A24Media creates a US$1 million fund for content providers in the region

A Kenyan content creator known as A24Media has created a $1 million investment media technology investment fund to support technology...
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March 9, 2018

Smart agriculture storage in Africa is still in work in progress

Food security in Africa has remained a key concern among policy-makers as the challenge of food shortages has become a...
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March 9, 2018

American Universal Music Group buys 70% of Kenyan AI Records

Universal Music Group has bought a 70% stake in a Kenyan record label known as AI Records. The deal gives...
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March 2, 2018

Why does regional integration fail in Africa?

Africa has the ability to do intra-trade from within but has never taken notice of this economic potential. What is...
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March 2, 2018

Ethos buys just over 30% of Echo to expand its IT investor reach

Ethos, a South African private equity investor has acquired just over 30% of Echo and this equity funding will be...
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February 23, 2018

Africa will lose from the 4th Industrial Revolution and may lose again in the 5th

Let us be realistic and set the scene straight. Africa is not ready for any industrial revolution that is digital...
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February 23, 2018

Phembani Group becomes the majority shareholder in Umcebo Mining

Phembani Group, based in South Africa has completed the acquisition of Moxitorque Investments (Pty Ltd which will result in the...
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February 23, 2018

Actis will sell its majority stake in Kenyan based Mentor Management

Actis has agreed to sell its 79.5% majority stake in Kenyan based Mentor Management Limited to Turner & Townsend which...
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February 23, 2018

Musoni Kenya secures $1 million in equity funding from Oikcredit

Musoni Kenya has received equity funding of $1 million from Oikcredit which joins other earlier funders such as KfW and...
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February 15, 2018

Mall for Africa is expanding its ecommerce retail market into the rest of Africa

Mall for Africa is expanding its reach beyond Nigeria, Ghana and Kenya to other countries which include Egypt, DRC, Senegal...
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February 15, 2018

Social investor AgDevCo has invested $2.5 million in Suma Hydro Tanzania

AgDevCo has invested $2.5 million in the Suma Hydro project which is a 1MW hydroelectric power plant in Tanzania’s Southern...
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February 15, 2018

African based tech-taxi company raises $2 million

Mondo, the Kenyan based tech taxi company has raised $2 million from investors mostly from Egypt and the United Arab...
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February 15, 2018

Amethis buys minority stake in Moroccan based Groupe Premium

Amethis has acquired a minority stake in Morocco’s industrial equipment distributor known as Groupe Premium which was founded as a...
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January 29, 2018

TPG buys majority stake in TRACE

Private equity firm TPG Growth has bought a majority stake in TRACE, an afro-urban music and entertainment business. TPG will...
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January 29, 2018

DEG has invested $4.9 million in M-BIRR Ethiopia

DEG, a German funder has invested $4.9 million in M-BIRR which is a cashless money transfer and payment service in...
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January 29, 2018

Kuramu buys minority a stake in Kenya’s Sterling Capital

New York-based equity fund Kuramo Capital has bought a minority stake in Kenyan investment bank Sterling Capital. Sterling Capital is...
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January 24, 2018

Zazu Zambia raised $218K via crowdfunding

Zazu was a company started to allow farmers to connect with new customers has turned to the digital banking space...
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January 24, 2018

Asticom Kenya receives a grant for its waste to energy power plant

Asticom Kenya, a waste recycling company has obtained a $995K grant from the Sustainable Energy Fund for Africa which is...
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January 24, 2018

Enko Education raises €1.5m from a Netherlands based lender

Enko Education has raised its first debt amount of €1.5m with Oikocredit, a cooperative and social investment company based in...
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January 24, 2018

Rwanda sees an 11% rise in coffee beans revenue for 2017

  Rwanda coffee export revenue was up by 11% to $59.8 million a massive $6 million as published by the...
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January 24, 2018

Global investor Partech Ventures has opened an African tech fund with $70 million already available

Partech Ventures has launched its Partech Africa fund, which has so far raised $70 million towards its target size of...
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December 13, 2017

Direct Pay Online has acquired SA based Setcom to expand its electronic funds transfers business

Direct Pay Online (DPO) has acquired South African electronic funds transfer company Setcom. Direct Pay Online provides a real time...
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December 13, 2017

Argentil Capital Partners acquires 49% of a restaurant in Nigeria

Argentil Capital Partners has acquired a 49% stake in Chocolate City Lounge, a Nigerian based Restaurant and Lounge Company. The...
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December 13, 2017

Mediterrania Capital Partners is ready to invest in Sub-Saharan Africa and North Africa

Mediterrania Capital Partners, the private equity firm focused on North African and Sub-Saharan countries now has funds available to invest...
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December 11, 2017

Are South African investors getting cold feet? What are they doing with over R1 trillion in cash?

The reality in South Africa is that about R1.3-trillion in cash is lying in the hands of the private sector...
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December 11, 2017

AfDB to provide $324 million in funding to the Côte d’Ivoire and Morocco renewable energy projects

The renewable energy sectors of Côte d’Ivoire and Morocco have secured $324m to develop their planned projects in hydro-power and...
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December 11, 2017

AgDevCo announces partners with Mozambican livestock company and Senegalese rice miller

AgDevCo’s Smallholder Development Unit has confirmed partnerships with a Mozambican livestock company MozAgri and Senegalese rice miller Société Sénégalaise des...
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November 27, 2017

South Africa is now a larger exporter to Kenya compared to the USA

Imports from South Africa to Kenya have increased this year overtaking the USA. South African export growth of 34% from...
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November 27, 2017

Investec sells Daraju Nigeria back to the parent company

Investec Asset Management Private Equity has sold its minority stake in Daraju, a manufacturer of personal household care products in...
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November 27, 2017

Phatisa fills part of a $10 million private equity fund through the AfDB

South African private equity firm Phatisa will receive a $10 million equity investment from the African Development Bank for the...
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November 27, 2017

Courier firm in Kenya to receive funding of $2 million from DOB Equity

Courier firm Sendy, which is an on-demand logistics company that operates on mobile phones has received $2 million in equity...
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November 13, 2017

Google Accelerator programme will look to Sub-Saharan Africa from Lagos office

The Google Accelerator programme for Sub-Saharan Africa will be operating from Lagos, Nigeria which is the first location outside the...
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November 13, 2017

The telecoms industry in Africa is saturated… We need new digital disruptors

As we all know, finding a large enough and profitable space in traditional telecoms is a very difficult exercise. Most...
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November 13, 2017

Tropigalia Mozambique has sold a minority stake to Tibo Capital

Kibo Capital has bought a minority stake in consumer product distributor Tropigalia, a FMCG company that distributes brands such as...
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November 13, 2017

Wazi Vision Uganda set to receive $800,000 from the German GreenTec Capital

Wazi Vision Uganda has managed to attract $800,000 from GreenTec Capital (a German fund) in assistance with funding technology upgrades...
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November 6, 2017

Can private equity be a strong partner in PPP transactions?

Let’s set the scene straight. Private equity companies are better at ensuring that companies function efficiently in order to generate...
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November 6, 2017

The Musa Group put R50 million in residential housing in the South of Johannesburg

The Musa Group has invested R50 million in a township called Lehae based in the South of Johannesburg which involves...
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November 6, 2017

Insuretech company receives R20 million in funding from Hollard and Yellowwoods

Naked, a new insuretech company has it has received R20 million in funding from the Hollard Insurance Group as well...
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October 26, 2017

GuarantCo and InfraCo launch first office in Nairobi Kenya

GuarantCo and InfraCo Africa have opened an office in Nairobi (Kenya) as a base for East and Southern Africa. Both...
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October 26, 2017

Gateway Delta based in Mauritius buys land for $3 million in Mombasa

Gateway Delta Development Holdings has decided to acquire land on Mombasa Road (Kenya) for $3 million. The piece of land...
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October 26, 2017

Oolu Senegal raises $3.2 million from Persistent Energy Capital and Y Combinator

Oolu, a Senegalese off-grid solar company raised $3.2 million through Persistent Energy Capital and other seed investors which include Y...
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October 20, 2017

AgDevCo invests $450,000 in Talian Uganda

AgDevCo, a social impact agribusiness investor will provide $450,000 in debt funding to Talian, which is a Ugandan milling business....
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October 20, 2017

Ethiopia will provide irrigation capability to its subsistence farmers

Ethiopia has decided to improve its local food security challenges by introducing irrigation capability to the local subsistence farmers. This...
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October 20, 2017

Zantel plans to roll-out undersea fibre-optic cables

Zantel, a Tanzania telecoms company has announced that it will roll-out undersea fibre-optic cables which will be used to connect...
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October 20, 2017

Musa Capital buys Swanib Cables Namibia

Musa Capital Namibia has acquired Swanib Cables, a distributor of electric, fibre-optic cables and transformers to the Namibian mining and...
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October 17, 2017

Andela gets its 3rd funding round with a $40 million paycheck

Andela, a company that recruits, trains and places software developers across sectors in Africa has secured funding of $40 million...
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October 5, 2017

$2.1 million in seed capital for Tizeti Nigeria

Tizeti Nigeria has raised $2.1 million in venture seed capital from international investors which comprise of Technology Investment, Social Capital,...
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October 5, 2017

Norfund provides $2.75 million loan to Nyama World Malawi

Nyama World Malawi secured $2.75 million in debt funding by Norfund, a Norway fund that is involved in development funding...
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September 29, 2017

Garanntor Hosting Nigeria buys Bytes Hosting

Garanntor Hosting acquired Bytes Hosting Nigeria on the 1st of September 2017. Bytes has 550 active hosting accounts as well...
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September 29, 2017

Kingchick Poultry Tanzania receives $255k in debt funding

AgDevCo, a social impact agribusiness investor provided $255,000 in debt investment into a Tanzanian poultry business, Kingchick Poultry. Kingchick Poultry...
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September 15, 2017

AgDevCo invests $1.5 million in Citrum Mozambique

Citrum, a citrus producer based in Mozambique has managed to secure funding of $1.5 million from an agribusiness investor known...
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September 15, 2017

iProcure Kenya receives $1 million equity funding from Safricom

Safricom has invested $1m in iProcure based in Kenya. iProcure is the largest agricultural inputs supply chain platform in Kenya,...
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September 4, 2017

Scrapped motor vehicle license fees increase petroleum demand in Tanzania

Tanzania’s decision to scrap motor vehicle license fees has resulted in a significant increase in the demand for petroleum. The...
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September 4, 2017

Spirit Capital sells Tidy Files for R75m to Metrofile

Spirit Capital has sold its majority stake in Tidy Files for R75m to Metrofile Holdings Ltd. The Competition Commission approval...
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September 4, 2017

Chinese investors will build a Special Economic Zone in Ethiopia

The Amhara Regional State Administration and Chinese investors have decided to build a Special Economic Zone (SEZ) in the area...
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August 25, 2017

African Rainbow Capital buys 20% of Rain South Africa

African Rainbow Capital has acquired 20% of Rain which is a fixed mobile data network provider. Rain is currently building...
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August 25, 2017

Engineers Without Borders invests $40k in M-Shule Kenya

Canadian seed-stage investor Engineers Without Borders has invested $40,000 in a Kenyan education based tech start-up M-Shule. The company was...
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August 17, 2017

Kalon Venture Capital and Smollan Group acquire 20% of SnapnSave for R7 million

Kalon Venture Capital and Smollan Group have acquired 20% of SnapnSave, the South African retail discount app company for an...
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July 31, 2017

Infinitus Holdings buys South African pet food maker, Promeal

Infinitus Holdings, a mid-market investment holding company has acquired Promeal which is South Africa’s second largest wet pet food manufacturer....
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July 31, 2017

TLcom Capital to raise $100 million TIDE Africa Fund

TLcom Capital is raising funds for the TIDE Africa Fund which is expected to have a total fund value of...
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July 31, 2017

Alibaba founder will invest $10 million in African online businesses

Jack Ma has announced at the Youth Connekt Africa Summit hosted by the Government of Rwanda in Kigali that he...
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July 20, 2017

Sanari Capital acquires 51% stake in Fernridge Solutions South Africa

Sanari Capital has acquired Fernridge Solutions, a geo spatial data and solutions provider that has a data reach to 140...
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July 20, 2017

New York’s Milost Global will spend $300m on developing the largest hospital in Ghana

A private equity firm known as Milost Global is providing funding to Eco Medical Village Ghana to develop West Africa’s...
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July 20, 2017

Brain Joffe’s Long4Life Ltd acquires Sorbet for R116m

Long4Life Ltd has acquired Sorbet for R116m in a cash deal that is expected to be completed towards the end...
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July 13, 2017

West African agri business group buys Babator Farming for $1.8m

RMG Concept a Ghana based company has bought 70% of private-equity backed Babator Farming Company for $1.8 million. Babator Farming...
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July 9, 2017

EXEO Capital exits its 7 year investment in Fairfield Dairy

EXEO Capital, has announced its exit from one of South Africa’s most respected value-added dairy companies known as Fairfield Dairy....
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July 9, 2017

Kibo Capital invests in Kenya’s plastic packaging industry

Kibo Capital Partners will invest in Blowplast Ltd a leading producer of plastics packaging solutions in Kenya for an undisclosed...
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July 3, 2017

Dutch family office invests $4 million in Africa Logistics Properties

Dutch family office DOB Equity has agreed to invest $4 million in Africa Logistics Properties which is a Kenyan developer...
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July 3, 2017

IFC provides $10 million debt funding to Fertiplant Kenya

Fertiplant, a Kenyan fertilizer granulation plant received a loan of $10 million from the IFC which was partly funded by...
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July 3, 2017

Rwanda, the African tiger in the making – a case of simple things being done right?

Rwanda has maintained its position as high growth country by doing the simple things that other African countries including those...
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June 30, 2017

TLcom Capital raises $40 million for the Sub-Saharan tech startup fund

London and Nairobi-based venture firm TLcom Capital has raised $40 million for its new Africa fund. The target is $100...
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June 30, 2017

Ghana based OMG Digital raises $1.1 million and opens space for the media industry

Ghanaian tech startup, OMG Digital has raised seed funding of $1.1 million from international investors. Investors in this funding round...
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June 30, 2017

LeapFrog buys Enterprise Group Ghana for $180 million

LeapFrog Investments is spending $180 million for a stake in Ghanaian financial services company, the Enterprise Group. The investment was...
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June 22, 2017

Sunbird Energy Holdings – is this a great investment opportunity?

Southern Africa focused gas explorer and developer, Sunbird Energy, which was developing the Ibhubesi ­natural gas project offshore of the...
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June 12, 2017

IFC agrees to participate in Mozambique’s first solar Independent Power Producer

Mozambique is preparing to develop its first solar photovoltaic (PV) power plant funded by a consortium of financiers. In a...
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June 12, 2017

South African based Multiply Group acquires a 35% stake in Crossfin Technology

Durban-based investment firm Multiply Group has acquired 35% of newly formed Crossfin Technology Holdings which is part of the Capital...
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June 9, 2017

Swiss Re spends €100m on Cote d’Ivoire based Manzi Finances

Swiss Re has spent €100 million (approximately $112 million) to acquire an undisclosed, minority stake in Manzi Finances, a financial...
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June 9, 2017

XSML Fund Manager invests in the Ugandan based KARE Distribution

XSML, the fund manager active in Central & East Africa announced its first investment in Ugandan based KARE Distribution (KARE),...
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June 9, 2017

Catalyst Principal Partners acquires minority interest in the Kenyan based Kensta Group

Catalyst Principal Partners LLC (Catalyst) has announced its acquisition of a significant minority stake in Kensta Group. The amount invested...
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June 9, 2017

AfricInvest Private Equity invests in the Ghana based International Community School

AfricInvest, a pan-African mid-cap-focused Private Equity firm has invested in International Community School Limited, a leading private K-12 school in...
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June 5, 2017

Metier Private Equity sells Inhep Electronics Holdings to Assa Abloy SA

Metier Private Equity has agreed to sell Inhep Electronics Holdings to Assa Abloy SA a company acquired the company in...
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May 24, 2017

Vostok New Ventures provides CarZar with $1.5m additional capital

CarZar the second-hand car online market place backed by Silvertree Capital has received an additional $1.5 million in expansion capital...
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May 24, 2017

Synergy Communications acquires Wananchi Group business services unit

Kenya’s Wananchi Group has agreed to sell its business services unit to Synergy Communications, a South African firm backed by...
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May 17, 2017

Moneyweb is offered R28 million by AME

Radio station owner African Media Entertainment (AME) has offered to acquire online financial news Moneyweb for R28m. AME owns Eastern...
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May 10, 2017

Frontier Digital Ventures invests $1.2million in Nigerian real estate portal

Frontier Digital Ventures based in Malaysia has invested U$1.2 million in ToLet.com.ng, a Nigerian real estate portal. The funds will...
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May 10, 2017

The Twinsaver Group expands its reach again

The Twinsaver Group has acquired Sylko, a supplier of disposable and recyclable household foils, paper and plastic tableware, food wraps...
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May 10, 2017

Actis acquires stake in Winthrop Pharma Senegal

Private equity firm Actis has acquired Winthrop Pharma Senegal from Sanofi through its portfolio company MédiS, a Tunisian pharmaceutical company....
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May 10, 2017

PG Impact invests $150,000 in Sunculture Kenya

PG Impact, an impact foundation founded by Partners Group employees has invested US$150,000 in Sunculture, a company which designs and...
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May 10, 2017

Oasis Capital invests in Everpure Holdings Ghana

Oasis Capital which is situated in Ghana and manages the Ebankese Venture Fund and the Oasis Africa VC Fund, has...
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May 8, 2017

Apollo Capital and IFC plan to raise $1 billion

Apollo Global Management and IFC plan to launch a $1bn debt platform targeting distressed loans in emerging markets in which...
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May 8, 2017

CDC and Aga Khan to raise $1 billion

CDC Group Plc and Aga Khan Fund for Economic Development launched a joint power platform that will expand power generation in...
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April 30, 2017

Sango Capital raises $145 million

Sango Capital has raised $145 million from a group of 26 Limited Partners. The largest investor was the European Investment...
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April 14, 2017

Norfund invests $7.4 million in Ethopian Verde Beef Processing

Norfund, a DFI from Norway has invest $7.4 million in a Verde Beef Processing based in Ethopia. The funding provided...
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April 14, 2017

Actis raises $2.75 billion energy fund

Actis has reached final close for its 4th energy fund which raised $2.75 billion. The private equity firm’s strategy is...
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April 14, 2017

Teraco raises R1.2 billion with Barclays Africa for CAPEX

Teraco Data Environments which was acquired by the European private equity firm Permira in late 2014 has raised R1.2 billion...
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April 14, 2017

Kleoss Capital buys Debt Rescue

Kleoss Capital has acquired a controlling stake in Debt Rescue one of South Africa’s largest debt counselling firms. The private...
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April 14, 2017

Oasis Capital is raising $50 million

Oasis Capital is looking to raise $50 million for investment in housing, healthcare, FMCG education and financial services. The private...
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April 14, 2017

Imara Trust buys Mauritius based FiducieForte

Imara Trust, the trust and corporate services subsidiary of Imara Holdings has taken over the Mauritius based FiducieForte Management Services...
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April 14, 2017

Ascent Capital invests in Kisumu Concrete

Ascent Capital which is based in East Africa is investing in Kisumu Concrete Products which is a Kenyan construction materials...
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April 14, 2017

Enko Capital is launches $200 million bond fund

Enko Capital is launching a $200 million bond fund. The fund will invest in Africa debt instruments denominated in both...
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March 27, 2017

Capitalworks buys Aon’s sub-Saharan businesses

Capitalworks, an Africa-focused private equity firm managing more that $515 million in assets, is acquiring insurance giant Aon’s shareholding.
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March 27, 2017

Medu Capital spends R74.25 million for 15% of Hero Telecoms

Medu Capital, the South African private equity firm, has acquired a 15% stake in Hero Telecoms for R74.25 million, (approximately...
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