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Finance

Vantage Capital provides a US$22mn mezzanine facility to Pétro Ivoire in the first-ever leveraged management buyout in Francophone West Africa. (Image source: Vantage Capital Group)

Vantage Capital, Africa’s mezzanine fund manager, has announced that it has provided US$22mn of mezzanine funding to Pétro Ivoire, a distributor of oil and gas products in Côte d’Ivoire

Paxful’s peer-to-peer bitcoin marketplace enables bitcoin sellers and buyers to interact digitally while ensuring that the transaction is completed. (Image source: John Jones/Flickr)

Cryptocurrency, especially Bitcoin, can provide financial inclusion to the underbanked and unbanked, giving a Mwananchi (local Kenyan) the opportunity to increase their wealth, Paxful said in a statement

The South African High Commissioner to Mozambique, Mandisi Mpahlwa with the provincial permanent secretary of Mozambique’s Cabo Delgado Province, Antonio Domingos Mapure. (Image source: Department of Trade and Industry, South Africa)

The provincial permanent secretary of Mozambique’s Cabo Delgado Province, Antonio Domingos Mapure, has extended an invite to the South African businesses to invest and do business in the province

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