The Empower Africa Business Platform is Now Live !!!
With a track record of over 25 investments in 14 countries, Amethis has already significantly impacted Africa’s private equity landscape. The new fund will enable the firm to continue supporting entrepreneurs and businesses, making a difference in Africa’s future. The $490 million fund will focus on investing in high-growth sectors such as healthcare, education, financial services, and consumer goods. Amethis’ latest move comes at a time Africa’s private equity market is rapidly evolving, with the pan-African fund a clear demonstration of the firm’s commitment to driving sustainable socio-economic development on the continent.

At the Unstoppable Africa 2025 forum, held alongside the 80th United Nations General Assembly, Zimbabwean tycoon Strive Masiyiwa, founder of Econet Global and Cassava Technologies, announced an ambitious plan to build Africa’s first pan-continental network of AI factories.

Ride-hailing company Bolt has introduced electric motorcycles to its Kenyan fleet.

Ghanaian healthtech startup Rivia has announced the acquisition of Waffle, a local software-as-a-service (SaaS) company specializing in solutions for small and medium-sized businesses (SMBs).