Investors Back BasiGo with $42m
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42m in new capital.
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42m in new capital.
Kalon Venture Partners has invested an undisclosed sum in visionAI, a leader in artificial intelligence and computer vision solutions.
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €66m mezzanine investment in Camusat Holding, a telecommunications company.
Kineden Commodities, one of the largest Ivorian sustainable cocoa traders, has secured nearly €60m from a pool of international banks to cover part of its financing needs for the next three cocoa seasons.
General Atlantic, a global growth investor, has completed its acquisition of Actis, a global investor in sustainable infrastructure.
African Export-Import Bank (Afreximbank) has approved a $20.8m financing facility for Nigeria-based Starlink Global & Ideal to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.
Prosper Africa, a U.S. Presidential national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa, has committed $5m to ImpactA Global, a women-led Emerging Markets infrastructure debt investor.
AXIAN Group, through its subsidiary AXIAN Investment, has acquired a stake in WiASSUR, an insurance broker based in Côte d'Ivoire.
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €14m mezzanine investment in Société de Production Maraîchère Samir (SPMS) to part-fund the company’s investment programme.
Metier, through its Sustainable Capital International Fund II (SCII), has invested significant growth and replacement capital in Mertech Marine, the world leader in the recovery and recycling of out of service submarine telecommunications cables.
Goodwell Investments, an impact investor financing inclusive growth in emerging markets, has announced its recent investment in the Agent Banking Company of Uganda (ABC), a technology-focused financial services firm.
AFG Holding SA has acquired a controlling stake in Access Microfinance Holding AG (AccessHolding) and indirectly its African subsidiaries.
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.
SPE PEF III (SPE Capital), the European Bank for Reconstruction and Development (EBRD), Tanmiya Capital Ventures (TCV) and British International Investment (BII) have agreed to acquire Tamweely Microfinance (Tamweely), a non-banking financial services company in Egypt specializing in serving micro, small and medium enterprises (MSMEs), from its current shareholders: Ayady for Investment & Development, NI Capital Holding for Financial Investments, and Post for Investment Company.