African finance mourns the disappearance of Michel Abrogoua

Farewell Royal Kaïlcedrat of Ebrié Michel Abrogoua is no more. A pioneer of private equity in Africa, the Boss of Phoenix Capital Management SA (PCM)...

Rise Fund is coming to Africa

For its first ever engagement in Africa, The Rise Fund is managing $ 47.5 million for Cellulant, Africa's leading provider of online payments. The Rise...

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...

Investors & Partners Announces “Africanization”

The Impact Investment Group dedicated to the African continent, Investors & Partners (I & P) led by Jean Michel Severino, organized for the first...

Abraaj group sells its activities in Africa

After several months of dispute with its partners including the Bill & Melinda Gate Foundation and the International Finance Corporation, Abraaj Group has finally...

Total Gabon sells to Assala Upstream Gabon SA its stake in the Rabi Kounga...

Sources reported in Libreville on Tuesday, Total Gabon signed an agreement with Assala Upstream Gabon SA for the sale of its entire 32.9% stake...

Allianz completes acquisition of Nigerian insurer Ensure Insurance

Allianz, Europe's leading insurance group, announced on Wednesday (18 July) the finalization of the 99.03% acquisition of Nigerian insurer Ensure Insurance plc of Greenoaks...

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...

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...

Injaro Investments and BIO join forces to invest in poultry farming in Niger

Injaro announces an investment in AviNiger, a poultry company that meets animal welfare standards. AviNiger will provide quality consumer eggs and help reduce the protein...

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...

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...

Sawari Ventures Completes the First Close Of A Us$70 Million VC Fund to Invest...

Sawari Ventures today announced the US$35 million first closing of Sawari Ventures North Africa Fund I (SVNFI) during a press conference on the sidelines...

Feeding Africa: AfDB’s new investment in Phatisa

Seven years after a first test, the African Development Bank (AfDB) is making a new investment of US $ 10 million in Phatisa, manager...
X