Author: Tapiwa Matthew Mutisi

British International Investment (BII), the UK’s development finance institution and a leading impact investor, has revealed that it will take on an anchor investor role in the newly introduced Allianz Credit Emerging Markets Fund. The fund is designed to accelerate the flow of climate finance into emerging markets, with roughly…

Alta Semper, a London‑based private equity firm specializing in healthcare and consumer‑focused investments across high‑growth markets, has entered into binding agreements to acquire a controlling stake in Nature’s Rule. Nature’s Rule is a leading sports nutrition and dietary supplements company headquartered in the United Arab Emirates, with a significant and…

Nigeria has placed green finance at the core of its national strategy for accelerating its energy transition, with President Bola Ahmed Tinubu announcing the establishment of a $2 billion National Climate Change Fund during the Abu Dhabi Sustainability Week summit. The initiative underscores the administration’s push to mobilize large-scale financing—particularly…

Paystack, the Nigerian fintech giant acquired by Stripe in 2020, has undergone a significant organizational transformation with the introduction of a new holding company: The Stack Group (TSG). This new entity now sits atop Paystack and its expanding portfolio, bringing together the merchant payments business, the consumer app Zap, Paystack…

Twelve innovative startups have been selected to showcase their products and services at the Africa Tech Summit Nairobi, taking place on February 11–12. The annual gathering aims to connect high‑potential African tech ventures with global investors and strategic partners, fostering greater access to capital and scaling opportunities across the continent.…

Abu Dhabi–based venture capital firm Hashgraph Ventures has committed US$1 million to the Hedera Africa Hackathon, the continent’s largest Web3-focused innovation programme designed to accelerate digital transformation and broaden economic inclusion across Africa. Hashgraph Ventures operates under the umbrella of The Hashgraph Association, a Switzerland‑based nonprofit dedicated to advancing education,…

RMB Ventures has announced the appointment of Amina Pahad as its new Chief Executive Officer, effective 1 January 2026. She takes over from Andrew Aitken, who will continue to play a key leadership role within the organization as a senior partner. Pahad brings more than two decades of investment and…

German development finance institution DEG has announced a $20 million investment into the Regional MSME Investment Fund for Sub‑Saharan Africa (REGMIFA), a debt fund dedicated to expanding access to finance for micro, small, and medium enterprises (MSMEs) across the region. REGMIFA focuses on providing predominantly local‑currency senior loans to microfinance…

The European Investment Bank (EIB), acting through its development-focused arm, EIB Global, has committed an $80 million investment to the RMBV North Africa Fund III. This new fund, managed by RMBV, is designed to channel growth capital into Egyptian mid‑market companies operating in key sectors such as consumer goods and…

As part of its first close, the Sahel Capital Agribusiness Fund II (SCAF II) has completed its debut investment, marking an important step in the rollout of the fund’s investment strategy. SCAF II has acquired a significant minority stake in Delifrost Caterers, a leading Nigerian cold‑chain distribution company that focuses…

Metro Africa Xpress (MAX), the Lagos‑based mobility financing and technology company, has secured $24 million in a new round of combined equity and debt financing. The raise strengthens MAX’s transition into electric vehicle (EV) financing and clean mobility infrastructure across West and Central Africa, while leveraging its recent achievement of…

Cardtonic, a Nigerian fintech startup, has raised $2.1 million in seed funding to launch Pil, a standalone B2B card‑spend management platform—signalling a decisive move away from consumer-focused products toward building financial infrastructure. The round was financed entirely by angel investors, with no venture capital firms or traditional financial institutions participating.…

Blue Earth Capital has announced that it has raised over $100 million for the first close of its newly launched impact secondaries strategy, marking a significant step forward in its efforts to build scale and liquidity within the impact investing ecosystem. The firm attracted commitments from a mix of leading…

The Private Infrastructure Development Group (PIDG) has committed $3.3 million in equity to support the expansion of Sanivation’s waste‑to‑value operations in Kenya, marking a significant boost for circular-economy sanitation infrastructure in the region. Sanivation, working in partnership with Nakuru County, launched a pilot initiative in 2018 that converts human waste…

Sahel Capital has announced the first close of its new growth equity vehicle, the Sahel Capital Agribusiness Fund II (SCAF II), securing $29 million in committed capital. The fund is the successor to the firm’s earlier agricultural investment vehicle and marks an important milestone in Sahel Capital’s continued efforts to…

PCM Capital Partners (PCP) has announced a full exit from First Atlantic Bank (FAB) through an initial public offering (IPO) on the Ghana Stock Exchange (GSE). The successful transaction marks PCP’s fourth complete exit—alongside one partial exit—from its maiden vehicle, the West Africa Emerging Markets Growth Fund (WAEMGF), further strengthening…

African payments startup NALA has entered into a strategic partnership with global payments infrastructure provider Noah to launch an instant stablecoin settlement network aimed at modernizing cross‑border payments across emerging markets. NALA operates as a fast‑growing African payments company and money transfer platform, enabling users in Europe, the United Kingdom,…

Fund manager Amethis, in partnership with Edmond de Rothschild Private Equity, has announced the final close of Amethis Fund III (AFIII) at €406 million, marking a significant milestone for the firm’s pan-African investment strategy. AFIII is the third iteration of Amethis’ flagship fund series focused on Africa. The vehicle aims…

Ride-hailing platform inDrive has quietly launched in-app advertising in Nigeria, marking a strategic shift to broaden its revenue base beyond ride-hailing and delivery services. The feature went live in November 2025 and is powered by Bookings.com, placing ads within the app interface—particularly during post-booking wait times and while passengers are…

Spotify is increasing the cost of its premium subscription plans by $1 to $2 across all tiers, effective February. This adjustment mirrors the company’s previous price hike in 2024. Subscribers in the US, Estonia, and Latvia will soon receive email notifications outlining the updated rates, which will apply to their…