The Empower Africa Business Platform is Now Live !!!

New GX Capital has revealed that Nedbank’s Corporate and Investment Banking arm has pledged $28 million to the firm’s Airnergize Capital Fund I, pushing total committed capital to $161 million as the fund nears its $200 million target.

Proparco has committed $15 million to Capitalworks IV, a private equity fund managed by South African investment firm Capitalworks, to support the expansion of mid-sized businesses in South Africa.

Nigerian safety footwear manufacturer Yikodeen has secured a $1.5 million investment from Aruwa Capital Management to enhance its production capabilities and broaden its market reach.