Monday, January 24, 2022

Seven players in $42m leveraged VC deal

A consortium of seven investors has backed a $42 million series-A investment into a Middle East and North Africa-focused business services company.

Funds

Bahrain FoF backs regional fund

VentureSouq has received commitment from a Bahrain-based funds-of-funds (FoF) manager to its Middle East and North Africa (MENA)-focused specialist vehicle. Al...

VC fund attracts new LP

People

Tiger Brands CVC hires from Zebu

Tiger Brands Venture Capital, a corporate venture capital (CVC) firm, has bolstered its investment team with the hire of Barati Mahloele – bringing her...

Quona names new manager

EAVCA co-head steps down

Analysis

Software deals reign

African venture capital deal-making in 2020 saw the software space emerge as the...

Data & Intelligence

CDC keeps Africa funds allocations on par

CDC’s commitments to Africa-focused funds have largely stayed on par, as the development...

Dutch LP backs 12 funds

SSA tops business reforms