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.
KPMG is set to host the Africa Venture Summit, an event designed to catalyze private enterprise investment across the continent.
The Rwandan Ministry of Information Communication Technology and Innovation, alongside the World Economic Forum, launched the Centre for the Fourth Industrial Revolution (C4IR) in Rwanda, marking a first for the African continent.
Nigeria-founded mobility startup Moove has entered into a strategic partnership with Waymo, a global leader in autonomous driving technology, to establish operations in the United States.
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