African private capital activity showed notable resilience in 2024, marked by increased participation from African LPs, continued reliance on proven sectors like Consumer Staples and Financials, and ...
At Africa Global Funds (AGF) we are focused on reporting exclusively on the African Asset Management industry (traditional and alternative asset classes). Featured in our monthly magazine you will ...
For the first time in almost a decade of consistently strong growth, the number of venture capital deals in Africa decreased by 31% YoY, according to the African Private Capital Association 2023 ...
Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest ...
Apex Group, a global financial services provider, has acquired Boutique Collective Investments (BCI) and Boutique Investment Partners (BIP) in South Africa. Apex Group, a global financial services ...
LeapFrog Investments has exited its stake from Goodlife Pharmacy, East Africa’s largest retail pharmacy platform, to CFAO Healthcare, a leading distributor of pharmaceutical and medical products in ...
Tana Africa Capital and Sango Capital have made a minority investment in Sundry Markets, one of Nigeria’s fastest growing modern grocery retailers. Choose ONE Magazine and TWO Articles for FREE when ...
Alliance for Green Infrastructure in Africa Project Development Fund (AGIA-PD), a fund managed by Africa50, has announced the first close at $118m, marking a major milestone in accelerating the ...
Ninety One, via its Africa Private Equity Fund 2 (91APEF2), along with Rand Merchant Bank Ventures (RMBV) and other shareholders, has sold a portion of its equity investment in Kamoso Africa to the ...
Webber Wentzel, a South African law firm, has appointed Leslie de Bruyn as a partner in the firm's Corporate Practice in Johannesburg. Webber Wentzel, a South African law firm, has appointed Leslie de ...
Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.
Standard Bank Group has extended a R400m working capital facility structured in a sustainable finance format to a South African earned wage access (EWA) provider Paymenow. Standard Bank Group has ...