Thursday, February 27, 2020

Single country investor in fintech deal

A single country investor based in Egypt has backed a $6 million equity investment round into a Middle East and North Africa (MENA) focused...

Chinese investor seals 1st Africa fintech deal

A China-based early-stage investor has backed a seed investment round in Wapi Pay, an Africa-focused financial technology services company – sealing its first deal...

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...