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368 Articles
BusinessSouth Africa

E Squared Investments Backs Old Mutual Private Equity Fund VI to Drive South African Economic Growth

Old Mutual Private Equity (OMPE) has secured a strategic investment from E Squared Investments for its Fund VI, strengthening its capacity to back...

BusinessEgypt

Erada Finance and Saib Bank Sign EGP300M Agreement to Support Egyptian MSMEs

Erada Finance has signed a EGP 300 million medium-term financing agreement with Société Arabe Internationale de Banque (saib). This funding will directly expand...

Burkina FasoBusiness

AFC Disburses First Tranche of $300M Loan to Tackle Burkina Faso’s Energy Gap

The Africa Finance Corporation (AFC) has reached financial close on a funding agreement to develop Burkina Faso’s largest power plant, a major move...

BusinessSouth Africa

Bridgement Secures R330 Million to Scale AI-Driven SME Funding Across South Africa

Bridgement, an AI-driven lender, has secured R330 million (US$20.3 million) in funding from Rand Merchant Bank (RMB) and Standard Bank to expand its...

BusinessNigeria

Circle Ventures Invests in Flutterwave to Advance Cross-Border Payments

Flutterwave has announced a strategic investment from Circle Ventures, the corporate venture arm of Circle Internet Group, strengthening its efforts to improve cross-border...

BusinessSouth Africa

Sango Capital Takes Over $460 Million African Fund Portfolios to Strengthen Private Market Growth

Sango Capital has been appointed to manage about $460 million in committed capital across three African fund portfolios, strengthening investor confidence and supporting...

BusinessEgypt

Coca-Cola HBC Expands Egypt Investment With New Digital Hub

Egypt has secured another major technology investment after Coca-Cola HBC launched a new Digital Hub in Cairo, reinforcing the country’s growing role in...

Business

Catalyst Fund Secures $30 Million to Scale Climate Innovation in Africa

Building a successful startup requires more than a good idea, particularly in Africa’s climate technology sector where early-stage funding and business support remain...