Wednesday, August 5, 2020

Kalon portfolio in equity raise

Kalon Venture Partners’ South Africa based energy focused technology portfolio company Sun Exchange is looking to raise approximately $0.46 million (R7 million) for an...

US investor & Toyota in tech deal

US-based Atlantica Ventures has partnered with Japan-based holding company Toyota Tsusho Corporation to back an approximately $19.7 million (Ksh2 billion) investment in Sendy, a...

LionPride delivers 2nd fund deal

LionPride Investment Holdings has injected an undisclosed amount in BusyMed, a South Africa-based technology company focused on the healthcare space – sealing the second...

Peninsula, Adlevo & Intel in Rancard deal

US-based Peninsula Capital has invested in Ghana’s technology services provider, Rancard, investing alongside Intel Capital and Adlevo Capital.

DOB in Twiga deal

DOB Equity has acquired a minority stake in Twiga Foods, a business services food distributor based in Kenya. The financial details have not been...

GIF leads WIMT seed round

The UK’s Department of International Development (DFID)-backed  Global Innovation Fund (GIF) has led the approximate $1.5 million (£1.2 million) seed financing of WhereIsMyTransport (WIMT),...

Fintech investor mulls processor deal

A specialist fintech investor is working on plans to buy into a South Africa-based technology company that is focused on processing financial transactions.

Lastminute.com founder in Africa deal

A number of early-stage investors have backed a deal to invest in an Africa-focused technology company. Investors include firstminute, the investment platform set up...

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...

Accion platform seals 1st Egypt deal

Accion’s global financial technology platform Accion Venture Lab has backed a seed investment round in Khazna, an Egypt-based financial services technology company – sealing...