Cape Town-headquartered venture capital (VC) firm HAVAÍC has announced the third close of its $50m African Innovation Fund 3, securing over $30m in commitments following the entry of South African impact investor E Squared Investments.
Franklin Templeton, a global investment manager and Binance, a cryptocurrency exchange, have announced a new institutional off-exchange collateral program, making digital markets more secure and capital-efficient.
African startups raised $3.9bn across 506 deals in 2025, signalling a steadying pulse for the continent’s venture ecosystem after two years of global market adjustment, according to AVCA’s newly released 2025 Venture Capital Activity in Africa report.
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.
Harith and its affiliates have entered into a Sale and Purchase Agreement to acquire FlySafair, the airline confirmed today, in a transaction subject to the required regulatory approvals.
HAVAÍC, a South African venture capital firm, has led a $1.4m secondary investment in a global calling app Talk360.
Multifonds, a global provider of fund administration software and SaaS solutions and Ultumus, a SIX Group company specialising in ETF infrastructure technology, have announced a strategic partnership designed to enable fund providers to rapidly expand into the fast-growing ETF market.
Phatisa Food Fund 3 (PFF 3) has reached an $86m first close, with commitments from a group of leading development finance institutions and impact investors – British International Investment (BII), FinDev Canada, Norfund, Swedfund, the IFC and Phatisa.
FactSet, a global financial digital platform and enterprise solutions provider, has announced the beta release of AI Doc Ingest for Cobalt, a powerful AI-powered solution designed to revolutionize portfolio company data collection for private capital managers.
The Private Infrastructure Development Group (PIDG), through its project development solution, InfraCo has exited its preference share investment in InfraCredit Nigeria for $26m, achieving a strong return despite challenging macroeconomic conditions.
Sahel Capital, an investment manager focused on the food and agriculture sectors across sub-Saharan Africa, has successfully closed a $2.4m working capital loan to Kuapa Kokoo through its Social Enterprise Fund for Agriculture in Africa (SEFAA).
