Stears, a financial data and software company focused on African markets, has released its Private Capital in Africa Report: Q3 2024, revealing a notable trend in single-country investments as private capital continues to drive investment activity on the continent.
Africa50 has signed an Implementation Agreement (IA) with the Rwanda Development Board (RDB) and the Government of Rwanda (GoR) for exclusive rights to develop, operate, and commercialise the 61-hectare Kigali Innovation City (KIC).
The Obuntu Foundation, a catalyst for the next generation of Africa-focused Fund Managers, has announced a strategic partnership with Mennonite Economic Development Associates (MEDA), a global non-profit organization focused on economic development and entrepreneurship.
TLG Capital, a pan-African alternative asset manager, has forged a strategic partnership with BFREE, a pioneering ethical debt collection startup based in Nigeria. With a $3m facility, TLG will empower BFREE to spearhead a transformative shift in ethical loan collection services across the continent.
USAID Southern Africa Mobilizing Investment (USAID Mobilizing Investment) has awarded grant capital to Verdant Capital for its new fund strategy, the Verdant Capital Southern Africa Fund (VCSAF).
Nairobi Gate Industrial Park, the first Special Economic Zone (SEZ) with a fully consolidated customs-control area in East Africa, has launched a one-of-a-kind manufacturing and warehouse park for the textile and apparel industry in Kenya.
For the first time in almost a decade of consistently strong growth, the number of venture capital deals in Africa decreased by 31% YoY, according to the African Private Capital Association 2023 Venture Capital in Africa Report.
Mediterrania Capital Partners, a Private Equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries, has announced that the portfolio companies managed by Mediterrania Capital III (MC III) delivered 30% y-o-y EBITDA growth until end of 2023.
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed up to XOF 30bn ($48m) to launch West Africa’s first ever social asset-backed security.
The Pan-African Fund Managers’ Association (PAFMA), a new trade association, was launched in Nairobi, Kenya on September 4 during the Africa Climate Summit 2023.
Convergence Partners Investments has rebranded to Solcon Capital as the Company launched a big push to empower global deep tech growth through platform economics.
Quona Capital, a venture capital firm investing in innovative fintech startups in emerging markets, has released its 2022 Impact Report, which showcases the measurable impact its investments have made on financial inclusion.
African private capital markets experienced a record-high volume of deals in 2022, recording a 46% year-over-year (YoY) growth, according to the African Private Capital Association (AVCA).
Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, is calling for leading innovators to join its second cohort.
