Financial Services | Private Equity Africa News

A China-based early-stage investor has backed a seed investment round in Wapi Pay, an Africa-focused financial technology services company – sealing its first deal...

MBU Capital buys from Atlas Mara portfolio

Financial Services January 31, 2020

MBU Capital has signed a deal to acquire Union Bank UK (UBUK), a carve out from Atlas Mara’s Nigeria-based financial services portfolio company. The investor...

FSD Africa in follow-on deal

Brief January 31, 2020

FSD Africa Investments has sealed a follow-on deal, backing its South Africa-based financial services-focused technology company. The investor has injected an additional $1.2 million in...

ARC in Alexander Forbes follow-on deal

Brief January 31, 2020

African Rainbow Capital (ARC) has sealed a follow-on deal to back its South Africa-based financial services portfolio company, Alexander Forbes. ARC is acquiring an additional...

EDFI in Nigeria deal

Brief January 24, 2020

EDFI Management Company (EDFIMC), has sealed a deal to invest approximately $5.5 million (€5 million) into Babban Gona, a Nigeria-based financial services company focused...

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