Thursday, December 12, 2019

UAE investor in insurance deal

United Arab Emirates (UAE)-based investor AJ Capital & Investment has acquired a 51% stake in Insurance for All (IFA), a Kenya-based financial services company.

EAV in series-A deal

Energy Access Ventures (EAV) has led a series-A investment round into Solarise Africa, a Kenya-based financial services company focused on the energy space.

Triple Jump backs AHL deal

Netherlands-based investment manager Triple Jump has injected approximately $1.1 million (€1 million) into a Zambia-based financial services company, Rent to Own (RTO), part-owned by...

Blue Garnet in fintech deal

Blue Garnet Ventures has sealed a deal to acquire a stake in Nobuntu – a South Africa-based financial technology services company.

Allianz in 1st Africa deal

Germany-based insurance provider Allianz has backed a series-B investment into SafeBoda, a Uganda-based technology company focused on the logistics space. This is...

Kibo buys investor

Kibo Capital Partners has invested an undisclosed amount into an Africa-focused financial services company operating in the investment space.

11 investors club on Africa platform

Eleven private equity firms have clubbed on an early-stage business accelerator, L’Afrique Excelle, which will back early stage companies across Francophone Africa. The financial details...

TLcom in tech deal

TLcom Capital has backed a $5 million investment round into Nigeria-based technology services company Terragon. TLcom is backing the company alongside a number of unnamed...

Greycroft backs fintech deal

US-based early-stage investor Greycroft Partners has led the series-A funding round of Cactus Capital Africa-focused financial technology portfolio company Flutterwave. The round has raised...

NPE & RMI back Entersekt

Nedbank Private Equity (NPE) and Rand Merchant Investment Holdings (RMI) have acquired a minority stake in Entersek, an Africa-focused financial technology services company. The...