Apis exits in share swap deal

Apis Partners has signed a deal to wholly exit its stake in a South Africa-based financial services technology company, through a share swap deal.

Regional investor in early-stage deal

An East Africa-focused investor has sealed an early-stage deal, backing a pre-seed funding round in a Uganda-based financial services technology company.

Quona in Zambia deal

Quona Capital, formerly Accion’s Frontier Investments, has participated in a $15 million early-stage series-B deal to back Zambia-based financial technology portfolio company Zoona. Omidyar Network,...

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.

Equator Capital in bank deal

US-based Equator Capital Partners has backed a deal to invest approximately $11.9 million (Sh1.2 billion) into Catalyst’s Kenya-based financial services portfolio company, Jamii Bora...

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...

ICEA et al. launch SME fund

Kenya-based Insurance Company of East Africa (ICEA) has partnered with the Norwegian Investment Fund for Developing Countries (Norfund) and Imara Securities to launch a $100 million private equity fund.

Andreessen in fintech deal

US-based early stage investor Andreessen Horowitz (a16z) has led a $9 million series-A investment round into Africa-focused financial technology services company Branch. The round was...

Quona finalises Zoona deal

Quona Capital, formerly Accion’s Frontier Investments, has completed its investment into Zambia-based financial technology portfolio company Zoona. This deal was previously reported on Private Equity...

Kibo buys investor

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