IFC is partnered with healthcare developer Egyptians for Health Care Services to meet the growing demand for healthcare services in Egypt. The initiative...
Nine months after raising US$120 million to strengthen its operations in Egypt, microfinance and digital payments solutions provider MNT-Halan is...
Despite a drop in its export sales, Total Senegal managed to increase its net profits in the first quarter of 2022. The performance coupled with a...
Earlier this month, the BCEAO raised its key rates in a bid to curb inflation. However, its recent economic indicators suggest that monetary solutions...
The financing is in line with Proparco’s strategy to encourage the development of SMEs in emerging markets.
Proparco and the European Union...
Economic ties between Africa and the Caribbean took a strong upward turn this week as the regions’ premier financial institutions—the African Development...
The multi-currency green loan program will support 10 to 15 green micro, small and medium enterprises in Africa, South, and Southeast Asia.
The British...
Backbase, the leading Engagement Banking platform provider, was awarded “Most Innovative Mobile Solutions” at the Africa Pay&ID Expo 2022. This award...
East Africa accounts for 23% of the funds raised by African startups since 2019. Kenyan startups attracted most of those funds or some US$1.9 billion in...
The IPO, which is the first of its kind in Egypt and the Middle East & North Africa (MENA) region, is expected to increase the capital of Ghazl El...
The aim for Partech is to raise double the US$133 million secured by Partech Africa I, which closed in 2019.
Private equity fund Partech Africa...
The investment is announced twelve years after Proparco made its first investment in Maris Limited. This time, the support is aimed at helping start-ups...
The financial support comes days after Titan Trust Bank finalized the acquisition of 89.39% stake in Union Bank of Nigeria.
The multilateral...
The investment vehicle will focus primarily on fintech, healthtech, and edtech startups. In its initial stage, it will make direct and indirect equity...
According to a report, in 2021, 50% of the private investments attracted by Tunisian firms were growth capital, and 30% were venture funds. For the first...
Ghana's economy is currently affected by high inflation and a weak currency. Commercial banks have been resilient so far, but it is unclear whether...
SODECI’s financial performance bodes well for its share value on the BRVM. Investors are confident in its growth perspectives but all the indicators need...
The financing is Adiwale Partners’s second investment this year and its first ever in the education sector. Its investment will support Enko Education and...
FBN Holdings started the year 2022 with strong quarterly performance. However, its investors seem to be inclined to taking profits after 12 months of...
SAPH CI posted sound financial results for the first quarter of 2022. However, the result is not yet showing in its share value. An analysis posted by...
The coronavirus reduced credit offers in emerging markets. In this risk aversion context, Partners for Growth wants to stimulate the private debt...
One month after the country adopted bitcoin as a legal tender, it is planning to launch a cryptocurrency investment hub.
The Central African...
The BOAD is currently planning an innovative operation to raise funds for its development projects. The ratings issued by the two agencies are crucial for...
The market targeted by the subsidiary has growth potential. However, it is complex and competition is tough.
MTN Nigeria announced Thursday (May...
Africinvest, which entered Outsourcia’s shareholding in 2016 will cede its stakes to SPE Capital, making the new investor the majority...
The fund is launched in addition to HSBC Roar program to help women entrepreneurs address business challenges. For that purpose, it will provide funds and...
The investment is part of an equity round led by Naspers with Platform Investment Partners, Raba Capital, and Base Capital as participating...
Three years ago, the Central Bank of Zambia sensitized financial actors against cybersecurity threats. This time, it announces an incident, which...
The new facility is announced four months after AFC secured a US$400 million syndicated loan to support post-pandemic recovery in Africa. It will provide...
Kuramo Capital is committing funds to Uhuru Growth I, one year after its first commitment. This time, the fund wants to finance high-growth SMEs in...
The acquisition is the first investment made by Amethis and the EBRD in Egypt’s non-banking financial sector. As for SPE Capital, it is its second...
Sanlam announced the deal seven months ago. According to the largest insurance company in Africa, all the regulatory approvals were...
In the framework of its IPDEV 2 program, which aims to incubate and launch 10 funds in 10 African countries, Investisseurs & Partenaires group plans to...
The two groups intend to create the largest African non-banking financial services entity.
Sanlam, Africa’s largest insurance company,...
The final closing is announced two years after the first closing to fund SMEs in frontier markets over the coming 10 years.
Belgian Investment...
Within three days, Swvl made two strategic acquisitions to expand into Europe and the US. With Zeelo, the Egyptian firm will be present in 21 countries...
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Telecom: Togocel was fined CFA2.3 billion by ARCEP for serious breaches in its obligations
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