Join Africa Global Funds for a Black-Tie night to remember in South Africa as we will be celebrating the 9th Annual Africa Service Providers Awards. Be recognised and honoured in the African Fund ...

African startups had a record-breaking month in July 2024. They raised a whopping $420 million, the most in over a year. A total of 47 ventures secured at least $100,000 in funding last month. This ...

Carlyle has agreed to sell its majority stake in Tessara, a provider of post-harvest solutions in South Africa, to AgroFresh Solutions.

Inspired Evolution’s Evolution III Fund, in partnership with Dutch Development Bank FMO and STOA Infra and Energy, has successfully closed the 75% acquisition of the Red Rocket Group.

Adenia Partners, a private equity firm investing in Sub-Saharan Africa, has completed a majority investment in Quick Mart.

British International Investment (BII), the UK’s development finance institution and impact investor, has announced its anchor commitment of $15m equivalent in Tanzanian Shilling to NMB Bank’s (NMB) ...

In a significant vote of confidence for Africa’s underserved mid-market, four leading European Development Finance Institutions (EDFIs)—British International Investment (BII), FMO (the Dutch ...

Nedbank CIB and Investec Investment Banking have provided a strategic funding package comprising equity and structured debt to Master Plastics, a dynamic Group of predominantly food and ...

Centum Capital, a Nairobi-based private equity manager, has appointed IQ-EQ to support the launch of Centum Capital Fund II in 2020. Fred Murimi, Managing Partner of Centum Capital, said: "We’re ...

IFC and TLG Capital have announced the first close of a new private credit fund, TLG Africa Growth Impact Fund II (AGIF II), with $75m raised.

IFC has announced an equity investment of $25m in Metier Capital Growth Fund III (MCGF III) as well as a co-investment envelope of $15m to invest alongside the fund in select companies.

Mediterrania Capital Partners, a Private Equity firm focused on growth investments for small and medium-sized enterprises (SMEs) and mid-cap companies across North and Sub-Saharan Africa, has ...