8 Apr
News > Investors
The African Development Bank Group has approved a series of equity investments totaling over $37m to support high-growth and early-stage enterprises across Africa.
8 Apr
News > Private Equity > Fundraising
Novastar Ventures, one of Africa’s pioneering and largest venture capital firms, has announced the final close of its third fund, Novastar Ventures Africa People and Planet Fund III (NVIII), at $147 million.
8 Apr
News > Private Equity > Deals
Amethis, a pan-African private equity firm, has acquired a majority stake in ADEMAT, a power security solutions provider in Côte d’Ivoire, from SPE Capital, marking a pivotal moment in the company’s development.
2 Apr
News > Investors
FirstRand Bank (FRB) has become the first commercial bank globally to issue an outcomes-based bond that directly links investor returns to verified ecological and environmental restoration outcomes, marking a significant evolution in sustainable finance.
1 Apr
News > Private Equity > Deals
GIF Growth, a growth-stage investment vehicle of the Global Innovation Fund, has committed $2 million to East African fintech firm 4G Capital to support its expansion and lending activities among micro and small enterprises (MSEs).
31 Mar
News > Private Equity > Deals
Vista Group Holding, a pan-African financial services group has obtained all required regulatory approvals, including authorization from the relevant authorities, for the acquisition of a 90% stake in Banque Agricole et Commerciale (BAC) in Chad.
31 Mar
News > Private Equity > Deals
AXIAN Investment, the venture capital arm of the AXIAN Group, has committed an undisclosed investment to Hamilton Labs to support the large-scale deployment of its USDh stablecoin, a permissionless digital dollar designed to provide on-chain access to sovereign yield opportunities.
30 Mar
News > Private Equity > Deals
Partech has led a $5 million seed round in Happy Pay, one of Africa’s fastest-growing Buy Now, Pay Later (BNPL) platforms, with additional backing from Futuregrowth Asset Management, 4Di Capital, E4E Africa, Equitable Ventures, and Felix Strategic Investments.
30 Mar
News > Private Equity > Deals
Moniepoint Inc., an all-in-one financial ecosystem platform for individuals, businesses, and their customers, has announced the acquisition of Orda Africa, a cloud-based restaurant management platform operating in Nigeria. The move signals a strategic push by Moniepoint to expand its presence in the food service sector while strengthening its mission of providing integrated financial and operational tools.
26 Mar
News > Private Equity > PE Industry News
Africa recorded 530 private capital deals worth $5.1 billion in 2025, marking an 8% increase in deal volume year-on-year (YoY) and making the continent the only global region to grow amid a global decline in private investment, according to the African Private Capital Association (AVCA).
26 Mar
News > Private Equity > Deals
The Private Infrastructure Development Group (PIDG) has committed €4.3 million to Afreenergy Solar, a platform developing clean energy solutions for commercial and industrial (C&I) customers in Senegal, with plans to expand into select West and Central African markets.
19 Mar
News > Private Equity > Fundraising
Adenia Partners has reached the $180 million hard cap for the first close of its inaugural Adenia Entrepreneurial Fund I (AEF), less than a year after launching fundraising—surpassing its original $150 million target and pushing the firm’s total capital raised beyond $1 billion.
18 Mar
News > Asset Servicing
The Prescient Group has acquired Obsidian Fund Services in Guernsey, strengthening its global fund administration offering with a particular focus on private assets.
18 Mar
News > Investors
The Bank of Tanzania (BOT) has made an undisclosed equity investment in the Africa Finance Corporation (AFC), becoming a sovereign shareholder and further strengthening the Corporation’s diversified capital base and pan-African ownership structure.
18 Mar
News > Private Equity > Deals
Amethis has agreed to acquire a significant minority stake in Tiba for Starch & Glucose, an Egyptian producer of rice-based specialty food ingredients, in a transaction expected to close in the second quarter of 2026, subject to regulatory approvals and other conditions.
18 Mar
News > Investors
FSD Africa Investments and Allied Climate Partners have announced a combined anchor commitment of $50 million to the first close of the African Transition Acceleration Fund, a new investment vehicle aimed at accelerating Africa’s energy transition.
18 Mar
News > Investors
British International Investment (BII) has partnered with Deutsche Bank to launch a $150 million risk-sharing programme aimed at expanding trade finance across some of Africa’s most underserved markets.
17 Mar
News > Private Equity > Fundraising
Aqua-Spark Africa Fund has officially reached its first financial close at $48 million, marking a key step toward building a sustainable aquaculture industry across Sub-Saharan Africa.
16 Mar
News > Investors
EIB Global will invest €40 million in Speedinvest’s first Africa-focused fund to support financing for technology startups across the continent.
16 Mar
News > Funds > Markets and Industry News
Access Bank's Managing Director and Chief Executive Officer, Roosevelt Ogbonna, has called for stronger collaboration among policymakers, financiers and businesses to accelerate trade within Africa and unlock the continent’s economic potential.