Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest ...

At Africa Global Funds (AGF) we are focused on reporting exclusively on the African Asset Management industry (traditional and alternative asset classes). Featured in our monthly magazine you will ...

For the first time in almost a decade of consistently strong growth, the number of venture capital deals in Africa decreased by 31% YoY, according to the African Private Capital Association 2023 ...

Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), a fund managed by Africa50, has announced the first close at $118m, marking a major milestone in accelerating the ...

Ninety One, via its Africa Private Equity Fund 2 (91APEF2), along with Rand Merchant Bank Ventures (RMBV) and other shareholders, has sold a portion of its equity investment in Kamoso Africa to the ...

Apex Group, a global financial services provider, has acquired Boutique Collective Investments (BCI) and Boutique Investment Partners (BIP) in South Africa. Apex Group, a global financial services ...

LeapFrog Investments has invested in Pyramid Group, the largest specialty distributor for cardiac and orthopaedic equipment in East Africa. Founded in 2001, the company offers a comprehensive range of ...

Development Partners International (DPI), through funds it advises, and co-investors, have signed a binding agreement for a $190m minority stake investment in Alameda Healthcare, Egypt’s private ...

Development Partners International (DPI) has sold ADP II’s 33.4% stake in Egyptian retailer B.TECH to the Saudi Egyptian Investment Company (SEIC), a wholly-owned subsidiary of the Saudi Public ...

PAPEfunds has recently acquired Nedbank Private Equity’s equity stake in Entersekt, a Financial Authentication Company, following an initial investment in July 2022. PAPEfunds has recently acquired ...

FCMB Asset Management (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed ₦100 bn FCMB–TLG Private Debt Fund Series 1. "This is Nigeria's first local currency private ...

Amethis has announced its exit from the capital of Merec Industries to Invictus Investment. Jean-Sébastien Bergasse, Partner at Amethis, and Marieke Geurts, Investment Director at Amethis, said: “We ...