Oasis Capital Ghana Invests USD1m in Ghanaian Fintech appsNmobile
Oasis Capital, through its Oasis Africa VC Fund, has invested USD1m in Ghana-based fintech appsNmobile Solutions. Read more… Read More
Oasis Capital, through its Oasis Africa VC Fund, has invested USD1m in Ghana-based fintech appsNmobile Solutions. Read more… Read More
Naspers Foundry, Cathay AfricInvest Innovation Fund and SBI Investment led a USD14.5m Series A extension for South Africa-based mobility startup WhereIsMyTransport, with participation from Wuri Ventures and Capria Ventures. Read more… Read More
Gemcorp Capital led a USD105m debt financing deal for pan-African mobile network operator Africell, with participation from Helios Investment Partners, Gramercy Funds Management and TC Credit Partners. Read more… Read More
SPE Capital has exited its investment in H&S Invest Holding, which operates Morocco-based logistics company Dislog Group, via a sale back to the Belkhayat family. SPE Capital originally invested USD25m in the company in 2019 through SPE AIF I. Read more… Read More
A consortium of investors led by CDC Group-backed Gridworks Development Partners and including Eranove and AEE Power Holdings has signed a concession agreement with the government of the Democratic Republic of the Congo to build and operate three off-grid solar-hybrid electricity facilities. The investors plan an initial investment of USD100m. Read More
OP Finnfund Global Impact Fund I has invested USD5m in EthioChicken, an Ethiopia-based poultry company. Read more… Read More
Adenia Partners has acquired Kenya-based life sciences and clinical diagnostics equipment distributor Africa Biosystems for an undisclosed amount. Read more… Read More
Ninety One has sold Silica, a South Africa-based provider of third-party administration and related technology solutions to asset managers and investment product providers, to global wealth management platform FNZ. Read more… Read More
LifeQ, a South Africa-based provider of biometrics and health information derived from wearable devices, has raised a USD47m Series A from Invenfin, 4Di Capital, Allectus Capital, Mogul Capital, Tenhong Holdings, Analog Devices, Hannover Re, Convergence Partners, Stellar Capital Partners, Nedbank Corporate and Investment Bank, Delos, OneBio Seed Investment Fund, Virgin… Read More
Investments in Africa, Asia, CEE, Latin America and the Middle East EMPEA’s 2021 report on global venture investment traces venture capital (VC) flows across Africa, Asia, CEE, Latin America and the Middle East. This year’s report includes new breakouts on cross-border co-investment to measure the scope of global collaboration… Read More
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