A.P. Moller hits final close
A.P. Moller Capital has hit final close on its Africa-focused infrastructure fund, raising approximately $1 billion on its maiden fund journey. The fund manager...
AfricInvest & Catalyst partner on deal
AfricInvest and Catalyst Principal Partners have partnered to acquire a minority stake in Prime Bank, a financial services company based in Kenya.
The duo has...
CDC portfolio gets capital
CDC’s Kenya-based renewable energy-focused technology portfolio company, M-Kopa Solar has been backed by Sumitomo Corporation, a Japan based business services company.
The financial details have...
Foxglove raises stake in asset manager
Foxglove Capital Resources has raised its stake in a business services holding company based in South Africa, Stellar Capital Partners formerly ConvergeNet Holdings. Stellar...
Mexico-based investor in Africa deal
Mexico-based Liil Ventures has led a $1.85 million early-stage investment into WhereIsMyTransport (WIMT), a South Africa-based technology company focused on the logistics space.
The series-A...
Atlas Mara buys back $10m in shares
Atlas Mara, a UK-based financial services company that invests in banks across Africa is buying back $10 million worth of shares, following a capital...