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.

The Credit Fund of the African Continental Free Trade Area (AfCFTA) Adjustment Fund has successfully closed its first investment, committing $10m to Telecel Global Services, through a senior secured ...

Mediterrania Capital Partners, a Private Equity firm focused on growth investments for small and medium-sized enterprises (SMEs) and mid-cap companies across North and Sub-Saharan Africa, has ...

British International Investment (BII), the UK’s development finance institution and impact investor, has announced its anchor commitment of $15m equivalent in Tanzanian Shilling to NMB Bank’s (NMB) ...

Centum Capital, a Nairobi-based private equity manager, has appointed IQ-EQ to support the launch of Centum Capital Fund II in 2020. Fred Murimi, Managing Partner of Centum Capital, said: "We’re ...

In a significant vote of confidence for Africa’s underserved mid-market, four leading European Development Finance Institutions (EDFIs)—British International Investment (BII), FMO (the Dutch ...

Vital Capital, a high-performing impact investor focused on addressing critical needs in growth markets, has made a strategic investment in Vastpoint to help scale its efforts in transforming land use ...

IFC has announced an equity investment of $25m in Metier Capital Growth Fund III (MCGF III) as well as a co-investment envelope of $15m to invest alongside the fund in select companies.

Scalar International and Mergence Investment Managers have announced the launch of a $150 million private equity fund to finance clean energy and digital infrastructure in sub-Saharan Africa.

Pepea, an impact investment fund from Oxfam Novib managed by Goodwell Investments, has made its first investment into Gaea Foods, a potato-processing company targeting the B2B market, based in Nairobi ...

The pressing demand for digital adoption is driving an important shift in Africa's private equity market. In IQ-EQ’s latest state of digital adoption report, released in partnership with The Drawdown ...

AfricInvest has announced the final close of its AfricInvest Fund IV with total commitments of $411m.