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...

RBH in $560m telecoms deal

Royal Bafokeng Holdings (RBH) is working on plans to acquire Neotel, a South Africa-based telecommunications services provider, in a deal valued at approximately $560...

BoE in SA tech deal

BoE Private Equity and Convergence Partners have backed a deal to invest an approximate $17.2 million (R250 million) into South Africa-based technology company Comsol. BoE...

VestedWorld seals first Nigeria deal

US-based early stage investor VestedWorld has injected an undisclosed amount into Nigeria-based energy management services company Beacon Power Services (BPS). The deal marks its...

Silvertree backs Pet Heaven

Silvertree Internet Holdings has backed South Africa-based consumer goods technology services company Pet Heaven, acquiring a minority stake. The financial details have not been disclosed. The...

HAVAIC backs tech deal

Early-stage investor HAVAIC  has backed South Africa-based technology software company Digital Cabinet. The financial details have not been disclosed. The investment, structured as a convertible...

Nedbank & Convergence back tech deal

Nedbank Private Equity and Convergence Partners have backed a deal to invest an approximate $17.2 million (R250 million)  into South Africa-based technology company Comsol. The...

Algebra launches tech fund

Algebra Ventures has launched a venture capital fund targeting the technology sector in the Middle East and North Africa (MENA) region. Algebra Ventures Fund I...

Yellowwoods backs DataProphet

Yellowwoods Ventures Investments has acquired a significant stake in South Africa-based technology company DataProphet. The financial details of the early-stage deal have not been...

Singularity backs Sliide

Singularity Investments has backed Sliide Airtime, a mobile technology portfolio company also based in Nigeria. The financial details have not been disclosed. Singularity is acquiring...