JSE Joins Forces with DataBP
The Johannesburg Stock Exchange (JSE), Africa's largest exchange, has collaborated strategically with DataBP to launch a ground-breaking cloud Marketplace, which aims to transform the JSE’s data offerings.
The Johannesburg Stock Exchange (JSE), Africa's largest exchange, has collaborated strategically with DataBP to launch a ground-breaking cloud Marketplace, which aims to transform the JSE’s data offerings.
Mirova, a France-based global sustainable investment and asset management group, has invested $15m in SolarAfrica, a renewable energy enabler and independent power producer, making its first first investment in South Africa.
Charles Russell Speechlys has advised Mirova, which aims to provide debt support to SMEs that generate and provide clean energy, primarily in Sub-Saharan Africa and South East Asia, on its $20 million debt funding to ManoCap Energy, a West Africa renewable energy specialist.
FCMB Group has extended its appreciation to key financial regulators and Nigerian Exchange Group (NGX Group) following the successful completion of the initial phase of its transformational capitalisation programme.
Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion, has invested $7.5m in South African fintech start-up Omnisient.
DOB Equity, an impact investment fund in East Africa, has announced the appointment of Karen Serem Waithaka as its new Chief Executive Officer.
ETFSA has received the JSE approval of the first fully balanced actively managed AMETF to list on the JSE exchange.
Creating the proposed common currency for West African countries, known as the eco, will be a challenging and lengthy process complicated by uncertainty since three countries started the withdrawal process in January, according to S&P Global Ratings.
British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35m towards the development of the first phase of a new container port in DRC.
Mergence Investment Managers has invested R160m in Solarise Africa, an energy-as-a-service company for businesses across Africa.
Beeks Group, a cloud computing and connectivity provider for financial markets, has announced a significant expansion of its partnership with the Johannesburg Stock Exchange (JSE) and IPC Systems.
The African Securities Exchanges Association (ASEA) has announced that the Uganda Securities Exchange (USE) has officially joined Phase 2 of the African Exchanges Linkage Project (AELP).
The African Development Bank Group has approved a $10m junior equity investment in the KawiSafi II Fund to help local businesses create and expand climate projects that aid vulnerable communities.
Pepea, an impact investment fund from Oxfam Novib managed by Goodwell Investments, has made its first investment into Gaea Foods, a potato-processing company targeting the B2B market, based in Nairobi, Kenya.
Proparco has announced a $20m investment in the Amethis Fund III (AF III) managed by Amethis, aiming to support African medium-sized companies that provide quality goods and services on the continent.
Adenia, a private equity firm focused on growth opportunities in Africa, has finalized the sale of its 100% equity stake in OMOA Group (OMOA) to SPE Capital, a private equity firm focused on the Middle East and Africa.
African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, has announced the final close of its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4).
The African Development Bank Group’s Country Report 2024 forecasts vigorous economic activity for Madagascar, with expected growth of 4.5% in 2024, climbing to 5.3% in 2025. Growth on the Grande Île was 4.4% in 2023, compared with 4.3% in 2022.
The Helios Climate, Energy Access, and Resilience (CLEAR) Fund has raised approximately $200m in its first close for investment in African businesses focused on climate mitigation and adaptation.
Adenia Partners has completed the acquisition of Air Liquide’s operations in 12 African countries, giving birth to Erium, the first pan-African leader in industrial and medical gases.
Sango Capital has acquired a majority of the Limited Partner interests in Synergy Private Equity.
Metier has announced the final close for Metier Capital Growth Fund III, raising over $219m and exceeding its targeted fund size of $200m.