FirstRand, one of Africa’s largest financial services groups, has announced the acquisition of Standard Chartered…
Browsing: Investments
South African financial services group FirstRand has acquired a 20% equity stake in Optasia, a…
Google just announced $2.85 million (that’s R49 million) in funding for South Africa. The announcement…
Old Mutual has announced its agreement to acquire a majority stake in 10X Investments, a…
Maxwell+spark, a South African-founded innovator in lithium-ion battery technology, has successfully closed a $15 million…
Standard Bank has successfully arranged a $42 million term loan facility for Bandwidth & Cloud…
FinDev Canada, the Canadian government’s development finance institution, has announced a significant financial commitment of…
Enko Capital, a leading Africa-focused alternative asset manager, has successfully completed the first close of…
Pan-African technology conglomerate Cassava Technologies has added NVIDIA to its growing roster of blue-chip backers—an…
Madica, the Africa-focused early-stage investment program affiliated with Flourish Ventures, has announced new investments in…
₦6,000,000,000 divided by 250,000 businesses equals ₦24,000 for each business. It’s the math behind one…
MTN South Africa has officially launched a comprehensive suite of integrated home and mobile connectivity…
PAYDAY, an emerging Tunisian startup operating at the intersection of fintech and insurtech, has successfully…
The International Finance Corporation (IFC), a member of the World Bank Group focused on the…
Chari, a Morocco-based fintech and e-commerce platform, has successfully closed a $12 million Series A…
South African private equity firm Agile Capital, together with other existing shareholders, has announced its…
Shoprite Group’s on-demand grocery delivery platform, Sixty60, has fulfilled over 100 million orders since its…
Saviu Ventures, a venture capital firm specializing in Francophone Africa, has successfully executed another major…
Kuunda, a Tanzanian-based B2B fintech company specializing in embedded working-capital solutions, has raised $7.5 million…
Gabonese telematics and fleet management startup POZI has secured €650,000 (approximately US$755,000) in funding, marking…