I&P led a USD6.2m pre-Series A for ANKA (formerly Afrikea), a Côte d’Ivoire-based e-commerce platform, with participation from Joe Tsai (Alibaba), BESTSELLER Foundation, VestedWorld, Enigmo, Groupe Prunay, Rising Tide Africa and SAVIU Ventures. Read more… Read More
500 Global and Unicorn Growth Capital led a USD5.3m seed round for ThankUCash, a Nigeria-based, multi-merchant rewards platform, with participation from Expert Dojo, Predictive VC, SaaS Growth Ventures, Betatron Venture Group and Accelerex Holdings. Read more… Read More
JABU, a Namibia-based, last-mile e-commerce distribution startup, raised a USD3.2m seed round from YC, Afore Capital, FJ Labs, Quiet Capital, Kli Capital and Pareto Capital. Read more… Read More
mPharma, a Ghana-based health services and analytics platform, raised a USD30m round from JAM Fund, Unbound, Lux Capital, Novastar, Social Capital, Northstar and TO Ventures. Citigroup provided an additional USD5m in debt funding. Read more… Read More
Amethis exited its 33.77% stake in Mauritius-based logistics company Velogic via the company’s IPO on the Mauritius Stock Exchange. Amethis sold 31.58 million shares for MUR790m (~USD18m). Read more… Read More
Berkshire Hathaway and Permira agreed to sell part of their stakes in South Africa-based data center operator Teraco Data Environments to Digital Realty. The deal values the company at a reported USD3.5b. Read more… Read More
Mediterrania Capital Partners achieved a partial exit from Morocco-based construction company Travaux Généraux de Construction de Casablanca (TGCC) via the company’s IPO on the Casablanca Stock Exchange. The IPO consisted of a cash-out of MAD300m (~USD32.4m) and a capital increase of MAD300m. Read more… Read More
Investisseurs & Partenaires (I&P) sold a 61% stake in Normat Services, a Benin-based drilling and blasting company, to EPC Groupe for an undisclosed amount. Read more… Read More
AfricInvest acquired a minority stake in Morocco-based IT company Compagnie Marocaine de Bureautique et d’Informatique for an undisclosed amount. Read more… Read More
I&P invested an undisclosed amount in Togo-based higher education institution Lomé Business School. Read more… Read More
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