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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