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The Dutch development finance institution, FMO (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.), has officially committed a $10 million investment to the Lendable MSME Fintech Credit Fund 2 (LMFCF2). This new investment vehicle is a debt fund managed by DynoLabs Asset Management. DynoLabs Asset Management operates as a wholly-owned subsidiary of Lendable…

VEA Capital Partners, the dedicated private investment division of the South African conglomerate VEA Group, has announced a strategic investment in StraTech. StraTech is a financial technology firm specializing in the development of critical enterprise infrastructure that powers complex financial operations for businesses across Africa. While the specific financial terms…

Global technology investor Prosus has unveiled an ambitious plan to generate US$2 billion (approximately R35 billion) through the sale of non-core assets in the near future. The announcement was made by CEO Fabricio Bloisi on Wednesday, concurrently with the release of stellar quarterly results that saw the company’s core e-commerce…

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