Thursday, December 12, 2019

TPG, AfricInvest et al in $25m series-B deal

TPG Growth and AfricInvest have backed a $25 million series-B investment round into Migo, formerly Mines.io, an emerging markets-focused financial services technology company.

Specialist investors in pharmatech deal

Two specialist investors have backed a $1 million series-A investment round into Yodawy, an Egypt-based technology company focused on the healthcare space. The company...

Chinese investors in series-A deal

Two China-based investors have led a series-A investment round into a Kenya-based technology company focused on the logistics space. The...

Investors join Shell & Sumitomo deal

A consortium of investors has partnered with Shell Ventures and Sumitomo Corporation, a Japan-based business services company, to back a series-B investment into a...

Goldman Sachs leads Africa tech deal

Goldman Sachs has led a $23.75 million series-B investment into Twiga Foods, a Kenya-based technology-focused food distributor. Goldman Sachs is...

Sawari in series-A deal

Egypt-based investor Sawari Ventures has led a $4.5 million series-A investment round in Al Mentor, an education technology company focused on the Middle East...

Sanari in edu deal

Sanari Capital has signed a deal to inject approximately $1.9 million (R28 million) into Edulife Group, a South Africa-based education provider.

German investor in Namibia deal

Germany-based investor GreenTec Capital Partners has backed Nomad Group, a Namibia-based consumer hospitality company. The financial details of the transaction...

PEA 2019 Awards Shortlist Announced

Private Equity Africa is excited to announce the shortlist for its 8th Annual Awards. The 2019 awards shortlist is a...

Consortium & Toyota in series-B deal

A consortium of investors has partnered with Japan-based holding company Toyota Tsusho Corporation to back a $9.3 million series-B investment into Powerhive, a Kenya-based...