Brief | Private Equity Africa News

An early-stage investor based in Ethiopia has sealed a follow-on deal, backing its technology portfolio company focused on the logistics’ space. RENEW has injected additional...

UK investor seeds Africa deal

Brief November 27, 2020

A UK-based investor has backed a $0.535 million seed investment round into an Egypt-based technology company. Mena Investment Partners has injected capital into Wuilt, investing...

Atlas Mara sells two banks

Brief November 27, 2020

Atlas Mara has signed a deal to exit two financial services providers to a Kenya-based strategic investor. The investor is looking to exit its 62.06%...

Canadian investor backs PE portfolio

Brief November 24, 2020

A Canada-based investor is working on plans to invest $12 million worth of equity in a private equity-backed West Africa-focused agriculture production company. FinDev Canada...

Tech company CVC arm in 4th deal

Brief November 24, 2020

Naspers has backed a South Africa-based education technology company– sealing the fourth deal from its corporate venture capital (CVC) fund. The South Africa-based technology company...

TLcom in 9th fund deal

Brief November 24, 2020

TLcom Capital has co-led a $3.4 million pre-seed investment round in a Nigeria-based technology company – sealing the ninth deal from its early-stage specialist...

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