Enko Education raises 1.4 million dollars in pre-Series B in record time
African international schools network Enko Education just announced the closing of a 1.4 million dollars funding round from a pool of private and institutional...
Kasada Capital Management targets the African hotel industry
Kasada Capital Management, a new investment platform dedicated to hospitality in sub-Saharan Africa, closed its first round of fundraising for Kasada Hospitality Fund LP...
Seedstars launches a pan-African venture fund to accompany its regional strategy
Seedstars is partnering with First Growth Ventures to launch Seedstars Africa Ventures, a sub-Saharan Africa fund targeting $100mn to make early-stage minority investments from USD 250,000 to USD 5 million in the...
Declining investment by private equity firms in one year
In a report released on March 16, 2019, the African Venture Capital and Venture Capital Association (AVCA) reports that private equity firms in Africa...
Infrastructure fund managed by Investec Asset Management injects $27 million into hydro project on...
The Emerging Africa Infrastructure Fund (EAIF) provided a USD 27 million loan to Kikagati Power Company, a Ugandan company specializing in the energy sector....
South Africa: $ 3.6 million Spartan SME Finance for African SMEs
Small businesses set up by Africans will receive 50 million rand, or about 3.6 million USD from Spartan SME Finance, a South African firm.
These...
Nigeria: Quantum Capital Partners Raises $ 5.5 Million for TeamApt
Nigerian company Quantum Capital Partners raised $ 5.5 million for TeamApt, a provider of payment solutions.
This funding will allow the development of new financial...
Outlierz Ventures Announces First Five Investments in Africa
Launched in February 2017, Outlierz Ventures, the Moroccan-based venture capital fund dedicated to African technology startups, announces the first five investments on the African...
South Africa: Standard Bank Acquires Liberty Holdings Insurance Platform
The South African Standard Bank Group Ltd bought the technology platform of the short-term insurance business of South African insurer Liberty Holdings for 145...
London investor announced at capital of International Facilities Services
Development Partners International (DPI), a London-based private equity firm, has launched its second fund called African Development Partners II for a $ 35 million...
Investment fund: I & P launches IPAE 2 closing
By Abdoulaye Sow
Investors & Partners (I & P) completed the intermediate closing of I & P Afrique Entrepreneurs 2 (IPAE 2), thus reaching a...
South Africa: Agri-Life Fund acquires 36.5% stake in Jumbo Brands
Agri-Vie Fund II has acquired a 36.5% stake in Jumbo Brands, an agribusiness firm in South Africa.
Indeed, the investment fund is supported in this...
The I & P Afrique Entrepreneurs 1 Fund makes two outings
The I & P Afrique Entrepreneurs 1 (IPAE 1) fund, launched by Investisseurs & Partenaires in 2012, is now completing two new outings: the...
Ivory Coast: EDF acquires a stake in Conergies-Group
The French group EDF strengthens its presence in Africa with the acquisition of 49% stake in Conergies-group, a leader in integrated energy efficiency services...