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30-10-2014 22:52:00 | by: Administrator | hits: 15257461 | Tags:

[Kenya] NSE admits first hostee onto the Ibuka Programe
14-02-2019 | 08:22:11
The Nairobi Securities Exchange (NSE) has admitted APT Commodities Limited as the first company to join the Ibuka Program; NSE’s incubation and acceleration program.
Investisseurs & Partenaires reaches €75 million funding mark, targets 30 Sub-Saharan Africa companies by 2020
14-02-2019 | 05:56:18
The impact investing group Investisseurs & Partenaires carried out the intermediate closing of its fund I&P Afrique Entrepreneurs 2 (IPAE 2), reaching a total amount of 75 million euros.
[South Africa] A2X approved to secondary list ETFs and ETNs
12-02-2019 | 07:10:40
A2X has been authorised to secondary list exchange traded funds (ETFs) and exchange traded notes (ETNs) on its platform.
[Kenya] CMA publishes first State of Corporate Governance Report
12-02-2019 | 06:55:17
The Capital Markets Authority (CMA) has published the first State of Corporate Governance Report based on an assessment of 56 issuers of securities to the public in 2017/18.
[Kenya] Recruitment startup Shortlist raises $2m series A to help firms identify hidden talent
07-02-2019 | 06:39:20
Shortlist has raised $2 million series A led by Blue Haven Initiative, with participation from Compass Venture Capital, existing investor Zephyr Acorn, and several others.
Wanjiku Mugane appointed senior advisor for African Infrastructure Investment Managers in Kenya
06-02-2019 | 10:43:55
African Infrastructure Investment Managers (AIIM) has announced the appointment of Wanjiku Mugane as a Senior Advisor in Kenya.
[South Africa] AI tech startup, Cortex Logic, secures investment to grow business beyond Africa
06-02-2019 | 05:23:30
South African based Artificial Intelligence Software & Solutions provider Cortex Logic has secured growth investment to expand it’s reach to new clients in Europe and USA.
Egyptian Exchange activates Tunisian Exchange MoU
05-02-2019 | 13:03:54
The Egyptian Exchange has started activating the MoU with Tunisian Stock Exchange in preparation for the 17th Joint High Committee Meetings which will be hosted by Tunisia in the first quarter of 2019.
[Kenya] CMA joins Global Financial Innovation Network
05-02-2019 | 05:38:30
In its quest to support the transformation of the capital markets in Kenya through nurturing innovation, the Capital Markets Authority (CMA) has joined the Global Financial Innovation Network (GFIN).
[Interview] Fabrice Nze-Bekale, Managing Partner, ACT Afrique, Senegal
31-01-2019 | 10:08:00
Fabrice Nze-Bekale is an experienced investment banker with a working history in investment banking, telecoms and the mining & metals industries. He is currently the Managing Partner of the pan-African firm, ACT Afrique.
[South Africa] Tharisa takes up secondary listing on A2X
31-01-2019 | 07:29:32
Platinum-group metals and chrome co-producer Tharisa, has been approved to begin trading its shares on the A2X exchange in South Africa.
[South Africa] Kalon Venture Partners leads a $1.5M round investment into Flow
30-01-2019 | 05:23:59
South African venture capital firm Kalon Venture Partners has announced a lead investment of $1,465,400 in local proptech platform Flow, an app that rewards tenants for good behaviour.
[South Africa] Santam to list on A2X exchange
29-01-2019 | 11:43:32
South Africa’s largest general insurer Santam, will effect a secondary listing of its shares on the A2X Markets exchange come February 1, 2019.
[Nigeria] NSE and Afrinvest launch factor equity indices to optimize investors returns
24-01-2019 | 07:10:19
The Nigerian Stock Exchange (NSE) and Afrinvest Securities have announced the launch of two new factor indices: the NSE-Afrinvest Banking Value Index and NSE-Afrinvest High Dividend Yield Index.
Securities regulators in Africa and Middle East to collaborate and increase listings in the region and mitigate shared risks
24-01-2019 | 06:24:47
Securities regulators in Africa and Middle East have approved a joint project with FSDA to develop strategies to increase listings and the uptake of capital markets products in the region.
[Kenya] Andela Secures $100M Series D to build distributed engineering teams and power the future of work
23-01-2019 | 12:28:00
Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding.
African Innovators Shine during Zayed Sustainability Prize’s 2019 Awards Ceremony
23-01-2019 | 09:52:43
African innovators excelled at this year’s Zayed Sustainability Prize annual awards ceremony on January 14 2019, winning in three out of five categories including Energy, Food and Global High Schools.
[Nigeria] CDC announces new investment to support high-growth SMEs
23-01-2019 | 07:53:00
CDC, the UK’s development finance institution, has announced a new investment designed to support high-growth SMEs in Nigeria.
AfDB approves $25 million Equity Investment in Fund for renewable energy projects in Africa
23-01-2019 | 06:37:06
The Board of Directors of the African Development Bank Group has approved an equity investment of up to $ 25 million in ARCH Africa Renewable Power Fund.
[Egypt] EGX finishes the development of its 30 index methodology
22-01-2019 | 13:25:00
The Egyptian Exchange (EGX) has finished the process of developing the methodology of entering the listing companies into EGX 30 index, as per its attempts to increase the efficiency of all market indices.
Global Credit Ratings clarifies its not exiting Kenya
22-01-2019 | 10:32:00
South Africa's Global Credit Ratings (GCR) has clarified that it is still operating in Kenya and is not contemplating a withdrawal.
[South Africa] Naspers to separately list MultiChoice and unbundle its shares to Naspers shareholders
22-01-2019 | 08:47:30
Naspers has announced of its intention to list its video entertainment business separately on the JSE as MultiChoice Group and simultaneously unbundle its shares in this business to Naspers shareholders.
[Nigeria] ETI appoints Arunma Oteh to its Board of Directors
22-01-2019 | 07:22:31
Ecobank Transnational Incorporated (ETI), parent company of the Ecobank Group, has appointed Ms. Arunma Oteh to its Board of Directors as a Non-Executive Director.
[Nigeria] Advanced Finance and Investment Group buys 29.9 per cent stake in NEM Insurance
18-01-2019 | 13:23:26
Nigeria’s NEM Insurance Plc has announced that Advanced Finance and Investment Group has completed an investment in the Company, by acquiring 29.9% of the Company’s shares.
[Kenya] African tech startups to pitch at the Airbus BizLab open day
17-01-2019 | 04:22:46
African tech startups have invited to present their ideas to experts, investors and the media at the Airbus BizLab #Africa4Future open day to be held in Nairobi.
African Infrastructure Investment Managers acquires stake in BBOXX as it expands to off-grid solar market
16-01-2019 | 11:42:00
African Infrastructure Investment Managers has acquired through its African Infrastructure Investment Fund 3 a minority stake in BBOXX’s operations in East Africa.
[Kenya] Lendable closes second round of asset-backed pass-through notes with institutional investors to expand access to credit across sub-Saharan Africa
16-01-2019 | 05:39:00
Lendable, Inc. has announced the closing of an innovative secured dual tranche 36-month note program, called Multi-Originator Segregated Portfolio 2, or “MOP2”.
MEST Africa opens applications for its second annual MEST Africa Challenge
16-01-2019 | 05:32:13
MEST Africa has opened applications for its second annual MEST Africa Challenge, a Pan-African pitch competition for scale-ups based in Ghana, Nigeria, Kenya, South Africa or Cote d’Ivoire.
[Kenya] Mobile lender, Branch, raises Ksh 500M for local expansion
16-01-2019 | 05:17:37
Digital lender Branch International has today announced its largest commercial paper issuance to date, raising Ksh500 million, following a Ksh350 million issuance in 2018 and a Ksh200 million issuance in 2017.
Pioneer Kitchenware compulsorily de-listed from Ghana Stock Exchange
15-01-2019 | 08:36:47
The Ghana Stock Exchange (GSE) has decided to compulsorily de-list Pioneer Kitchenware Limited (PKL) from the Main Equity Market of the Exchange.
AgDevCo invests $3million in Ghanaian farmer-owned Cocoa Company
15-01-2019 | 08:29:16
Impact investor AgDevCo has invested in Kuapa Kokoo Limited, the only licensed cocoa buying company in Ghana which is owned by a cooperative of Ghanaian smallholder cocoa farmers.
[Ghana] Aluworks and Cocoa companies taken off GSE’s ''Watch List''
15-01-2019 | 08:13:00
The Ghana Stock Exchange (GSE) has announced that Aluworks Limited (ALW) and Cocoa Processing Company Limited (CPC) have been taken off the GSE’s “Watch List”.
[Kenya Business Week] US key investment target in Africa
10-01-2019 | 13:10:52
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
Catalyst Principal Partners acquires mattress manufacturers in Uganda, Malawi and Kenya
10-01-2019 | 07:09:00
Catalyst Principal Partners, a Nairobi-based private equity firm has acquired three top tier mattress manufacturers in Uganda, Malawi and Kenya.
Africa’s 50 most funded tech companies in 2018 raised a total of $618M, report
09-01-2019 | 06:30:59
Africa’s 50 most funded tech companies in 2018 raised a total of $618M according to the Digest Africa INDEX, an annual report that summarises Africa’s technology investment landscape.
[Kenya] Villgro Kenya invests $80,000 in Maisha Meds and Turaco to advance primary care
09-01-2019 | 05:08:00
Villgro Kenya has invested $80,000 each in Maisha Meds and Turaco, two companies working to improve health access for low-income Kenyans.
SolarNow closes $9M to scale its services across Uganda
09-01-2019 | 04:58:00
Uganda-based solar energy company SolarNow has raised $9 million in debt arranged by SunFunder, a longtime debt financier for the company alongside co-lenders responsAbility and Oikocredit.
[Kenya] CMA warns against Kenicoin initial coin offering and trading
03-01-2019 | 10:24:00
In a bid to protect investors, Capital Markets Authority (CMA) has cautioned the public against participating in any initial coin offering or trading in any coin exchange offered by Wiseman Talent Ventures.
[Kenya] M-KOPA raises new funding from Japan’s Sumitomo Corporation
02-01-2019 | 05:06:10
Pay-as-you-go solar and finance company M-KOPA has raised funding from Japanese multinational, Sumitomo Corporation to empower homes and small businesses.
Africa Oil announces additional investment in Impact Oil and Gas
21-12-2018 | 10:40:00
Africa Oil Corp. (AOC) has made further investments of $20.5 million in Impact Oil and Gas Limited ("Impact"), a private UK company with exploration assets in South and West Africa.
[Kenya] CMA publishes Draft Regulatory Sandbox Policy Guidance Notes
21-12-2018 | 07:10:00
The Capital Markets Authority (CMA) has announced the publication of a draft Regulatory Sandbox Policy Guidance Note which will facilitate the admission of fintech firms to a Regulatory Sandbox.
[Kenya] CMA licenses first online forex trading money manager
21-12-2018 | 06:42:00
The Capital Markets Authority (CMA) has announced the grant of Kenya’s first Money Manager license to Standard Investment Bank (SIB) Limited to operate in the online foreign exchange trading space.
[South Africa] Naspers leads US$540 million investment in edtech company BYJU’S
20-12-2018 | 06:57:38
Naspers, a global internet and entertainment group headquartered in Cape Town, South Africa has led a combination primary and secondary US$540 million investment in edtech company BYJU’S.
[Kenya] Kipeto wind power project reaches financial close
20-12-2018 | 06:16:06
Kipeto Energy Ltd has announced it has reached financial close following the acquisition by leading growth markets investor Actis.
[Nigeria] Access Bank signs Memorandum of Agreement with Diamond Bank
18-12-2018 | 12:25:59
The Board of Access Bank announced it has signed a Memorandum of Agreement with Diamond Bank regarding a potential merger of the two banks that will create Nigeria and Africa’s largest retail bank by customers.
[Kenya] Nairobi Securities Exchange launches Ibuka
18-12-2018 | 06:47:00
The Nairobi Securities Exchange (NSE), has launched an incubation and acceleration board called Ibuka.
[SA Business Week] Mixed fortunes for public and private sectors
14-12-2018 | 19:30:00
The public and private sectors have this week recorded heightened activities with partnerships, trade and capital markets dominating headlines.
[South Africa] Insurtech startup Pineapple accepted into US Insurance accelerator
13-12-2018 | 08:41:59
More than a year and a month after insurance tech startup Pineapple raised R5.2m from Lireas Holdings, the strategic investment arm of Hannover-Re Group Africa, the startup has now been accepted into The Hartford Insurtech Hub.
[Nigeria] TechCrunch Startup Battlefield Africa 2018 highlights achievements of top innovators and startups in Africa
12-12-2018 | 05:58:00
M-SCAN, a company that develops portable mobile ultrasound devices, was crowned as Sub-Saharan Africa’s Most Promising Startup at TechCrunch Startup Battlefield Africa 2018, held in Lagos, Nigeria.
[South Africa] 4AX moves to shortened trading times and settlement cycle
11-12-2018 | 10:44:00
4 Africa Exchange Proprietary Limited (4AX) confirms that the exchange is moving to a shortened trading times (T+0) settlement cycle, further strengthening the 4AX value proposition.
[South Africa] JSE to amend the listing requirements as proposed in the JSE Consultation Paper
11-12-2018 | 08:42:00
Following the release of the Regulatory Review Consultation Paper for public comment in September, the Johannesburg Stock Exchange (JSE) is pleased with the market response and will release the proposed amendments early in 2019.
[Nigeria] Sirius Petroleum acquires 75% shareholding in Precision Energy
04-12-2018 | 12:40:00
Sirius Petroleum, the Nigeria-focused oil and gas development and production company, has entered into a conditional sale and purchase agreement with Precision Energy Group (“PEG”) to acquire a 75% shareholding.
[Rwanda] BK Group PLC cross-lists on Nairobi Securities Exchange
04-12-2018 | 08:28:00
BK Group PLC has cross-listed on the Nairobi Securities Exchange (NSE) becoming the first Rwandan company to tap into the Kenyan Capital Market.
[Ivory Coast] Vantage Capital provides €19m mezzanine facility to Pétro Ivoire
04-12-2018 | 06:25:00
Vantage Capital, Africa’s largest mezzanine fund manager, has announced that it has provided €19 million of mezzanine funding to Pétro Ivoire, a leading distributor of oil & gas products in Côte d’Ivoire.
Experts weigh in on new strategy for financing Africa's infrastructure
04-12-2018 | 06:19:12
A draft report by the United Nations Economic Commission for Africa (ECA) titled, “Attracting Institutional Investors in Africa’s Infrastructure,” has undergone a thorough review by experts from wide-ranging sectors.
Ghana and West Africa first local currency corporate bond lists on London Stock Exchange
29-11-2018 | 11:44:00
Quantum Terminals Group (QTG), a leading energy infrastructure developer in Ghana, has listed a corporate bond on London Stock Exchange’s International Securities Market.
Digital payments platform BitPesa raises $5m from Sompo Holdings to revolutionize cross-border payments
29-11-2018 | 09:17:00
Kenya’s BitPesa has raised $5m from Japanese insurance group Sompo Holdings in a move expected to revolutionize cross-border payments and insurance services globally.
Port It Global closes seed round to drive market expansion in Africa and South America
28-11-2018 | 13:04:00
Mobile phone data-driven financial platform Port It Global Inc has closed a Seed round of funding led by Energy Access Ventures (EAV) to drive market expansion in Africa and South America.
[South Africa] A2X agency transactions now settled using SecuritEase
27-11-2018 | 14:48:58
SecuritEase is pleased to announce that it has implemented its multi-market, multi-currency settlement system at Investec Securities to clear and settle both principal and agency trades executed on the A2X market.
Gulf Capital and AfricInvest invest $51m into iSON Xperiences
26-11-2018 | 08:32:00
Gulf Capital and AfricInvest, a pan-African mid-cap-focused private equity firm, have partnered to provide a $51m structured loan and equity investment to iSON Xperiences.
[Nigeria] CISI partners with NSE to reinforce finance professionals in Africa​​
22-11-2018 | 14:45:00
The Chartered Institute for Securities & Investment announced a new partnership with The Nigerian Stock Exchange to provide training for CISI’s qualifications in Nigeria, under the auspices of X-Academy.
[South Africa] Motus Holdings lists on the Johannesburg Stock Exchange
22-11-2018 | 11:56:00
The Johannesburg Stock Exchange (JSE) has announced and celebrated the listing of Motus Holdings, a leading automotive group in Southern Africa, on the Main Board.
16 African Startups Shortlisted for the 2019 Africa Prize for Engineering Innovation
21-11-2018 | 06:37:46
The Royal Academy of Engineering has announced the 16 African startups that have been shortlisted for the Africa Prize for Engineering Innovation.
12 African startups accepted into Knife Capital’s 4th Grindstone Accelerator
21-11-2018 | 05:39:00
South African venture capital firm Knife Capital has announced the twelve African startups that will take part in its fourth Grindstone Accelerator programme.
[South Africa] New Seasons Investment Holdings, Nodus Equity merge to form private equity fund
19-11-2018 | 12:33:00
A new majority black controlled private equity fund, New Seasons Investment Fund, has been launched following the merger of two private equity fund companies – New Seasons Investment Holdings and Nodus Equity.
[South Africa] Fintech FinChatBot secures $500,000 investment from Compass VC, Kalon Venture Partners
19-11-2018 | 08:25:00
South African venture capital firm Kalon Venture Partners and Mauritius-based Compass Venture Capital have announced their co-investment into one of the leading financial services chatbot providers, FinChatBot
[SA Business Week] Telcos shine at AfricaCom, A2X gains new traders
16-11-2018 | 18:07:00
AfricaCom is Africa’s largest tech, media and telcos annual festival where digital Africa interacts, learns, debates and ultimately make deals.
[Kenya] IFC and TLcom invest $10 million in Twiga Foods
16-11-2018 | 13:05:00
IFC, a member of the World Bank Group, TLcom, and the Global Agriculture and Food Security Program (GAFSP) have announced a $10 million investment in Twiga Foods.
RENEW's Impact Angel Network closes eleventh investment in East Africa
13-11-2018 | 10:46:00
RENEW and members of the Impact Angel Network (IAN) have closed an investment in ET Fresh, LLC.
[South Africa] Vantage backed companies win prestigious awards
13-11-2018 | 08:18:51
Vumatel and Tsebo, two companies funded by Vantage Capital, were recognized as the best medium-size and large-size private equity-backed South African growth champions respectively.
[SA Business Week] Opening businesses to the world, growing markets
10-11-2018 | 12:46:00
In the recent years, South Africa has continued to prove that it is one of the most diverse and promising emerging markets in Africa. The country has become a key global hub for investment, innovation and research.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
08-11-2018 | 21:20:00
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.
Johnson & Johnson Launches Africa Innovation Challenge 2.0
08-11-2018 | 10:35:42
Johnson & Johnson has launched the Champions of Science Africa Innovation Challenge 2.0, a continent-wide competition calling on African innovators to submit ideas for innovative technologies, products and solutions that have the potential to create positive impact for African communities.
Nairobi-based Novastar Ventures launches $72.5M fund, launches in Nigeria
07-11-2018 | 09:00:00
Kenyan Venture Capitalist firm, Novastar Ventures has raised $72.5 million for its second fund, Novastar II.
Mastercard Foundation announces new fund to seed young African leaders' ventures
05-11-2018 | 05:01:00
The Mastercard Foundation has announced a new fund that will enable young changemakers to seed and kick-start promising social ventures and community projects, creating economic opportunities for themselves and others.
[Kenya] CMA approves cross-listing of first Rwandese Company on bourse
01-11-2018 | 08:02:00
The Capital Markets Authority (CMA) has granted approval for the cross-listing by introduction of Bank of Kigali Group Plc (BK), a holding company of Bank of Kigali Plc, BK Insurance, BK Capital and BKTecHouse, on the Nairobi Securities Exchange (NSE).
GTR Ventures makes first Africa investment
01-11-2018 | 07:03:18
GTR Ventures, the world's first investment and venture-building platform specialized in trade and supply chain, has announced an investment in Orbitt -- an African-focused fintech deals platform.
Naspers sets up a $9m fund to invest in South African tech startups
01-11-2018 | 06:42:46
South African media conglomerate Naspers has set up a R1.4bn ($96m) Naspers Foundry fund to invest into South African technology startups. The money will fund and support startups seeking to address big societal needs.
E-health startup REMA wins Abidjan round of Seedstars
31-10-2018 | 09:49:00
Collaborative medicine platform REMA has been named the winner of the Cameroon round of Seedstars World. The startup will now represent the country at the Seedstars Summit in Switzerland to compete for up to USD one million in equity investment and other prizes.
The Africa 2018 Forum | 8-9 December 2018 | Sharm El Sheikh | Egypt
30-10-2018 | 12:17:00
Greater economic integration through increased investment flows into Africa
Private sector investments will drive integration
30-10-2018 | 12:08:00
At the Regional Investment Agency (RIA) for the Common Market for Eastern and Southern Africa (COMESA), we are fully committed to drive investment into and across the COMESA region, and Africa as a whole.
[Kenya] CMA launches investigation over KenolKobil PLC take over transaction
30-10-2018 | 07:31:13
The Capital Markets Authority (CMA) has received a Notice of Intention by Rubis Énergie to make a cash offer (the “Offer”) to acquire 100% of the ordinary share capital of KenolKobil Plc.
[SA Business Week] Blockchain to curb Cape Town water issues, taxi operators get a boost
25-10-2018 | 15:26:00
Blockchain technology came into being in the early 2009. This invention was faced with a lot of backlash as most people lacked prior information about it and were therefore not ready to risk investing in it.
[South Africa] Naspers announces new executive leadership for MultiChoice Group
25-10-2018 | 09:32:00
Naspers has announced the executive leadership team for the newly formed MultiChoice Group (formerly Naspers’ Video Entertainment business).
[Kenya] Finnish firm to acquire 20% stake in Cytonn
23-10-2018 | 09:18:00
Finnish financial group Taaleri is set to acquire a 20 per cent stake of private equity investment firm Cytonn. The move is meant to provide the investment firm with a strong anchor investor ahead of its Initial Public Offering (IPO) scheduled for next year.
Blackstone unveils new energy company focusing on North Africa
12-10-2018 | 06:32:26
Private Equity Funds managed by Blackstone has announced a partnership with an experienced management team, to create Zarou, a company fully owned by Blackstone.
[South Africa] JSE embarks on a public consultation process
11-10-2018 | 11:15:00
In response to a range of corporate scandals, speculation and innuendo that have characterised South African financial markets over the past year, the Johannesburg Stock Exchange (JSE) is embarking on a public consultation process.
Pangea launches $50,000 ShelterTech 2018 accelerator program in Kenya
10-10-2018 | 07:27:00
Habitat for Humanity’s Terwilliger Center for Innovation in Shelter, BDO EA and Pangea have launched the ShelterTech 2018 program in Kenya.
Eight African startups selected for the 2018 VC4A Venture Showcase
10-10-2018 | 05:47:04
VC4A has announced the eight Africa ventures that have been selected for the 2018 VC4A Venture Showcase – Series A.
Botswana Stock Exchange chief urges citizen owned businesses to list
09-10-2018 | 09:57:00
Citizen owned companies have been urged to spread the risk of ownership among a large group of shareholders through availing shares publicly.
[SA Business Week] Key sectors appointments and a busy air route
05-10-2018 | 16:19:00
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
iCommunity,Egypt's community platform raises $600K in Series A funding
05-10-2018 | 06:45:00
Egypt’s first mobile community platform for the real estate industry iCommunity has announced $600K in Series A funding from Algebra Ventures, Egypt’s largest venture capital fund.
[South Africa] Yoco launches Yoco Capital to offer SMBs cash advances
04-10-2018 | 08:20:00
South Africa-based fintech company, Yoco, today launches Yoco Capital. Yoco Capital provides small businesses with fast, efficient access to a cash advance.
Microsoft Partners with DEMO Africa to empower African startups
27-09-2018 | 07:27:15
Microsoft has teamed up with the Lions@frica initiative of the African Technology Foundation to empower the startups finalists that will be pitching at DEMO Africa 2018.
MEST unveils its fourth tech hub in Nairobi
26-09-2018 | 08:09:00
The Nairobi space will also host the new East African office of its parent brand, a global leader in media intelligence and AI-Driven Outside Insight, Meltwater, who is also expanding into the region.
[South Africa] Prodigy Finance secures R14.39b debt financing in 1year
25-09-2018 | 07:22:19
Prodigy Finance announces that it has raised R14.39 billion in the last twelve months in available debt financing.
OLX Group invests ZAR 1.4 billion in South Africa’s Webuycars
19-09-2018 | 08:46:00
Naspers’ Classifieds business, OLX Group, has announced an investment of ZAR 1.4 billion in South Africa’s specialised car buying service, Webuycars.
The Carlyle Group completes acquisition of Abacus in East Africa
17-09-2018 | 09:32:00
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
Samsung To Mentor 19 South African Start-ups
13-09-2018 | 07:36:00
As part of employee volunteer programme, Samsung has arranged the Global Start-up Acceleration Programme in South Africa, in partnership with (SEDA) and NGO Nangila to mentor start-ups in various fields to support the sustainable growth of entrepreneurs.
Renew announces expansion to Uganda
13-09-2018 | 07:05:00
Renew, a private equity impact investing firm, has announced expansion into its second African country, Uganda.