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...

Synergy backs Northstar, buys 5 companies

Synergy Capital Managers has sealed its ninth transaction backing Northstar Finance Services, a financial services platform duly based in Nigeria and Ghana. The deal sees...

Two LPs mull FoF commitment

Two development finance investors are mulling over plans to commit capital to an Africa-focused fund-of-funds (FoF). The African Development Bank (AfDB) and the European Investment...

Triple Jump in Liberia deal

Netherlands-based investment manager Triple Jump is working on plans to invest $4 million worth of debt into Liberia-based financial services company Access Bank Liberia...