The Empower Africa Business Platform is Now Live !!!

Saudi Arabia’s Vision Invest has acquired a stake in Arise Integrated Industrial Platforms (Arise IIP) via a capital injection of $700 million, in what is one of the biggest private infrastructure financing events in Africa.

African Infrastructure Investment Managers (AIIM), Africa’s largest dedicated sustainable infrastructure equity manager, has successfully closed its fourth pan-African infrastructure fund, African Infrastructure Investment Fund 4 (AIIF4), with a total of USD748 million raised.

Cartona, one of the leading B2B e-commerce platforms in Egypt, has successfully raised an additional $8.1 million in a Series A extension round, bringing the total Series A funding to $20.1 million.