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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