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.

Digital payments providers Onafriq and M-PESA signed an International Money Transfer Agreement to simplify how Ethiopians abroad can send money back home.

Bayer and Pula Foundation have partnered to offer insurance coverage to 10 million smallholder farmers across Sub-Saharan Africa and South Asia by 2030.

The United Nations Development Programme (UNDP) has launched timbuktoo, a $1 billion innovation fund aimed at backing African startups.