Financial Services | Private Equity Africa News

Two investors have backed the management buyout (MBO) of a South Africa-based financial services technology company that operates as a credit bureau. Ascension Capital Partners...

DFI injects $28m in Togo deal

Financial Services November 17, 2023

The European Investment Bank (EIB) has injected $28 million into a Togo-based financial services company. The investor has invested capital into Banque Ouest Africaine de...

LACP seals fintech deal

Deals November 10, 2023

Legacy Africa Capital Partners (LACP) has a signed a deal to back an investment into a South Africa-financial services company. LACP has acquired a significant...

DFI exits to AfricInvest after 7 years

Deals November 10, 2023

A UK-based development financier is working on plans to exit a Kenya-based financial services holding company to AfricInvest – after a seven-year holding. British International...

Japanese player buys stake in African GP

Deals November 3, 2023

A Japan-based venture capital firm has sealed a deal to buy a minority stake in a financial services company - an Africa-focused fund manager,...

Centum’s partial exit moves ahead

Deals October 20, 2023

Centum Investment Company’s deal to sell part of its stake in Kenya-based financial services company has been approved by the deals regulator. The investor is...

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