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.
South Africa-based Payment24, a global provider of payment and loyalty solutions, has acquired Switzerland-headquartered Inergy 24 to accelerate its expansion into the European market.
Swiss fintech company Centi has announced a new partnership with Yellow Card, a leading cryptocurrency exchange that operates across Africa.
Mobility startup LULA has announced a significant expansion through the acquisition of UK-based Zeelo’s South African operations.
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