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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