Business

AfDB board approves pooled investment to boost innovation across sub-saharan Africa

AdobeStock 298066439The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment pool of US$11.8mn towards the first close of the Janngo Start-Up Fund, a pan-African tech start-up fund

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Verdant Capital advises WIOCC on US$80mn equity capital raise

ATRNov2621Verdant Capital has advised WIOCC Holding Company Limited (WIOCC) on an US$80mn equity capital raise

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Verdant Capital closes four private equity-related transactions in South Africa

ATRNov1621Verdant Capital has closed four private equity-related transactions in South Africa with important fund raisings for Bridge Taxi Finance and Retail Capital, the sale of Nedan Oil and the sale of Baxi to MFS Africa

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Maximising growth and minimising risk

AdobeStock 188477308At AFSiC 2021 Simon Gray, head of business development & marketing at BVI Finance, moderated a formidable panel of financial experts to discuss the unique opportunities posed by the African continent, and how funding can be secured to unlock this potential

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Lendable targets fund for emerging fintech investments

AdobeStock 406263230Lendable Inc., a leading emerging market fintech credit provider, is targeting a US$100mn closed-ended fund focused on emerging and frontier market fintech investments

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