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.
Equator, a VC firm focused on supporting innovative solutions to climate change, has raised $40 million in commitments to invest in African startups tackling climate challenges.
Tappi, a Kenyan digital commerce platform designed for micro, small, and medium-sized businesses (MSMEs), has announced its expansion into Côte d’Ivoire.
JPMorgan Chase, the largest bank in the U.S. by market capitalization, has been granted approval by the Central Bank of Kenya (CBK) to open a representative office in Kenya.
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