The Empower Africa Business Platform is Now Live !!!

Village Capital, a global nonprofit investor in early-stage companies, has announced investments in Kenyan startup Aquarech and Nigerian startup Coamana.

South Africa’s leading independent payments processor, Adumo, has been acquired by fellow fintech company Lesaka in a deal valued at ZAR 1.59 billion (US$85.9 million), subject to approvals.

Development Partners International (DPI), the London-based private equity firm, has committed an additional $50 million in follow-on funding to support Kazyon, the fast-growing Egyptian discount retail chain, as it scales operations across the Middle East and North Africa.