The Empower Africa Business Platform is Now Live !!!

Africa-focused private equity firm Admaius Capital Partners (“Admaius”) has announced a majority equity investment in TRES Infrastructure Limited (“TRES”), the sole Rwandan company licensed to own, operate, and develop shared telecommunications infrastructure.

Summit Africa, a South African fund manager, has launched its second private equity fund, Summit Private Equity Fund II (SPEF II), with an initial $20 million anchor investment from British International Investment (BII), the UK’s development finance institution and impact investor.

Kredete, a fast-rising fintech founded just two years ago, has raised $22 million in Series A funding to accelerate its global expansion and deepen its credit-building infrastructure for African immigrants.