October 18, 2021
Sparkle raises US$3.1-million to expand its start-up digital banking operations
Sparkle, a Nigerian digital bank that provides financial, lifestyle and business support services has raised US$3.1-million in new equity funding...
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October 14, 2021
Summit Africa raises US$108-million from limited partners
Summit Africa has raised R1.6-billion (US$108-million) from limited partners to invest in private equity transactions in financial services, ICT, healthcare...
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October 4, 2021
Anava Seed Fund raises US$10-million after closing remaining amount with Sawari Ventures
Anava Seed Fund has raised US$10-million after closing with Sawari Ventures. The fund will provide early stage seed funding to...
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October 4, 2021
Development Partners International sells 31% of Food Concepts Plc to African Capital Alliance
Development Partners International has sold its 31% stake in Food Concepts Plc to African Capital Alliance. Food Concepts Plc was...
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September 28, 2021
Egyptian based Fawry acquires minority stake in Brimore
Egyptian based Fawry has acquired a minority stake in Brimore. Brimore is an Egyptian social commerce distribution platform that enables...
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September 25, 2021
HelloHR, a South African payroll software company, secures funding from Finclusion Group
HelloHR, a South African payroll software company, has raised equity funding from Finclusion Group. HelloHR provides cloud-based payroll solutions through...
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September 25, 2021
Joe Public acquires Festipart which previously traded as FCB Durban
Joe Public has acquired Festipart, which operated under the trademark name, FCB Durban. The company name will be changed to...
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September 22, 2021
Africa Finance Corporation creates AFC Capital Partners which will raise US$500-million
Africa Finance Corporation has created an independent asset management subsidiary called AFC Capital Partners to invest in African infrastructure that...
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September 14, 2021
Karooooo acquires a 70.1% stake in Picup Technologies for R70-million (US$4.9-million)
Karooooo, the Nasdaq-listed mobility software company, has acquired 70.1% stake in Picup Technologies for R70-million (US$4.9-million), a digital logistics startup...
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September 14, 2021
CDC Group provides limited partner commitment of US$60-million to African Private Credit Funds
The UK based CDC Group has provided limited partner capital commitment of US$60-million to African funds known as Vantage Capital...
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