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Author: Fred Kennedy
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EIB Invests €20 Million in Amethis Fund to Help European SMEs Expand into Africa
The European Investment Bank (EIB) has invested €20 million in the Amethis Europe Expansion Fund, a new private equity initiative that will help European small and medium-sized enterprises (SMEs) grow their presence in Africa, Europe, and the Middle East.
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IFC Commits $6 Million to First Circle Capital to Back Early-Stage Fintech Growth in Africa
Pan-African early-stage fintech fund manager First Circle Capital, backed by development partner International Finance Corporation (IFC) of the World Bank Group, has pledged up to $6 million to accelerate fintech innovation across Africa.
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Kenya’s Farm to Feed Raises $1.5 Million to Tackle Food Waste and Build a Climate-Resilient Food System
Kenyan agri-tech startup Farm to Feed has secured a $1.5 million seed funding round to accelerate its operations and support the development of a more climate-resilient food system across Africa.
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Sub-Saharan Africa’s Economy Projected to Grow by 3.8% in 2025
The World Bank’s Africa’s Pulse (October 2025) forecasts real GDP growth in Sub-Saharan Africa at 3.8% in 2025, up from 3.5% in 2024.
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South Africa’s MyBitSecure Launches Smart, Secure IoT Farming System to Protect Africa’s Digital Farms
South African startup MyBitSecure has unveiled an all-in-one system that combines IoT-based irrigation and soil monitoring with enterprise-grade cybersecurity to protect farm data.
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MTN’s Bayobab Partners with Zoom to Accelerate Africa’s Digital Transformation
MTN Digital Infrastructure, trading as Bayobab and part of the MTN Group, has partnered with Zoom Communications, Inc. to boost digital inclusion and enhance business connectivity across Africa.
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African Union Unveils $170 Billion Annual Infrastructure Drive, Earmarks $30 Billion for Aviation Modernization
This week in Luanda, Angola, the African Union (AU) held its third high-level summit, uniting African transport ministers, airline CEOs, and representatives from the World Bank and European Commission.
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Mediterrania Capital Partners Backs Coris Holding with €100 Million to Boost Financial Inclusion in West Africa
Private equity firm Mediterrania Capital Partners has announced a €100 million co-investment into Coris Holding, the second-largest banking group in the West African Economic and Monetary Union (WAEMU) region.
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DEG Invests $25 Million in Helios Fund V to Support Growth of African Enterprises
Germany’s development finance institution DEG has announced a US$25 million commitment to Helios Fund V, the fifth private-equity vehicle managed by London-based Helios Investment Partners.