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 ...

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 ...

The Mauritius International Financial Centre (IFC) has emerged as a pivotal gateway for investment into Africa. As the continent's economic powerhouses continue to rise, with the African Development ...

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 ...

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 ...

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 ...

Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.

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 ...

Standard Bank Group has extended a R400m working capital facility structured in a sustainable finance format to a South African earned wage access (EWA) provider Paymenow. Standard Bank Group has ...

TPG has fully exited its stake in Mavin Global to Universal Music Group (UMG), the world leader in music-based entertainment, while Kupanda Capital will a remain minority investor and strategic ...

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 ...