Category: New Investments

Development Partners International (DPI), along with its co-investors, has finalized an agreement to invest $190 million in Alameda Healthcare, one of Egypt’s leading private healthcare groups.

Kenyan startup BuuPass has received new funding from Yango Ventures, the investment arm of Yango Group, to enhance its intercity travel booking services and broaden its presence in Africa.

Ethiopia has reached a deal with the World Bank to receive $1 billion in funding aimed at advancing its economic reform plans and boosting overall growth.

The 17th edition of the U.S.-Africa Business Summit took place in Luanda, Angola, drawing an unprecedented number of participants.

MTN Nigeria has launched a $1 billion cloud infrastructure initiative aimed at increasing its footprint in the country’s fast-growing cloud computing sector.

South Africa-based venture capital firm Knife Capital is celebrating its 15th anniversary with strategic Series A investments in two local startups, Sticitt and Optique, as part of its ongoing commitment to scaling innovation across the continent.

Liquify, a Ghanaian fintech company streamlining access to trade finance for African small and medium-sized enterprises (SMEs), has successfully closed a US$1.5 million seed funding round that was oversubscribed.

Miro, a forestry and plywood manufacturing enterprise with operations in Sierra Leone and Ghana, has closed a significant funding round spearheaded by Lagata, an investment firm dedicated to forestry ventures across sub-Saharan Africa.

Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has announced a $1 million debt investment in Persea Oil, an avocado oil producer with operations in Kenya and Tanzania.