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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