Lightrock Leads USD18.5m Series C for Kenya’s 4G Capital
Lightrock invested a USD18.5m Series C for Kenya-based digital lender 4G Capital. Read more… Read More
Lightrock invested a USD18.5m Series C for Kenya-based digital lender 4G Capital. Read more… Read More
Tiger Global and Avenir Growth Capital led a USD135m Series B for Wasoko (formerly Sokowatch), a Kenya-based B2B e-commerce logistics platform, with participation from Quona Capital, 4DX Ventures, VNV Global, Justin Mateen’s JAM Fund and others. Read more… Read More
Old Mutual Private Equity (OMPE), through its OMPE Fund V, agreed to acquire South Africa-based investment company Long4Life for ZAR2.4b (USD278m). OMPE plans to delist the company. Read more… Read More
Nigeria-based mobility fintech Moove raised a USD105m Series A2 round comprising equity and debt from existing investors Speedinvest, Left Lane Capital and thelatest.ventures, with participation from AfricInvest, MUFG Innovation Partners, Latitude and Kreos Capital. Read more… Read More
Kuramo Capital Management acquired debt interests in Plantations et Huileries du Congo, the operator of three palm oil plantations in the Democratic Republic of Congo, from BIO, CDC Group, DEG and FMO via a secondary debt transaction. Read more… Read More
Katapult Climate and 216 Capital led a USD1.3m round for Wattnow, a Tunisia-based IoT smart energy management solution, with participation from Launch Africa Venture, Cross Boundary and Oman Technology Fund. Read more… Read More
Women-led VC Antler East Africa reached a USD13.5m final close for its new fund targeting investments in early-stage tech startups in Africa. Read more… Read More
DPI and CDC Group agreed to invest USD200m in KELIX Bio to fund the acquisition of Pharmaceutical Institute, a producer and distributor of generic and therapeutic pharmaceuticals headquartered in Morocco. Read more… Read More
Actis, Westbrook Investments and other shareholders agreed to sell their entire interest in Tapestry Home Brands, a South Africa-based D2C home furnishings company, to Johannesburg-listed The Foschini Group for ZAR2.35b (~USD150m). Read more… Read More
Insight Venture Partners led a USD32.8m round for Ghana-based payments app Dash, with participation from GFC, 4DX Ventures, ASK Capital, Techstars and Zinal Growth Partners. Read more… Read More
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