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.

Safaricom, Kenya’s leading telecommunications giant, has revealed its ambitious plan to bolster the tech startup ecosystem by launching two new subsidiaries.

Electric bus provider BasiGo is set to enhance Rwanda’s public transport sector with the arrival of 28 new electric buses.

South Africa’s pan-African operator Vodacom Group has announced a major new agreement with Starlink, the satellite broadband service developed by SpaceX, to bring high-performance internet connectivity across the African continent, including to underserved rural regions.