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Knife Capital has invested in Cape Town-based machine learning startup DataProphet, which develops and implements product development solutions to a wide range of industries.The investment will [...]

Five major banks and funds across three continents have financed the global for-profit social enterprise d.light’s next phase of growth to empower millions more off-grid families. d.light has [...]

South African Vantage Capital on Wednesday bought an Sh800 million stake in the Rosslyn Riviera Shopping Mall that sits on a 4.5 acres. Vantage Capital associate partner Mokgome Mogoba said his [...]

Tech-focused holding company 4Sight has acquired AccTech Systems and its subsidiary Dynamics Africa Services for a combined R150 million, the group announced. The group first noted its plans to [...]

Sweden’s development finance institution Swedfund has invested SEK 126m in the Evolution II Fund, which is focused on clean energy supply and resource efficiency in Sub-Saharan Africa. The [...]

Libstar Holdings Pty Ltd. shareholders will sell as much as 2.1 billion rand ($170 million) of stock as part of an initial public offering planned for early next month in Johannesburg, as [...]

DOB Equity, a Dutch family-backed impact investor, has recently completed its first investment in Rwanda, by acquiring an equity stake in Sarura Commodities, a grain trading company. Brigit van [...]

Agri-Vie and Norfund have announced a $17m co-investment into the Marginpar Flower Group Holdings, an East African flower sales business. “Norfund is delighted to contribute to the growth of [...]

Port Louis, Mauritius – 18th April 2018 – MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global [...]

Mauritian lender SBM Holdings has formally taken over troubled Chase Bank following the conclusion of a sale deal. The Central Bank of Kenya (CBK) and the Kenya Deposit Insurance Corporation [...]

1. ACQUISITION 1.1 The board of directors of Curro is pleased to advise shareholders that the Company has recently acquired Cooper College and Magic Beings Crèche (“Cooper College Acquisition”). [...]

JSE-listed Grit Real Estate and Tradehold on Friday announced a $23-million Mozambique property transaction in which Grit would buy an A-grade corporate residential complex, known as Acacia [...]

Afvest, a private investment firm, has set up Sh250 million fund for long-term investment in early-stage businesses with the potential to generate at least 25 per cent annual return. The firm, [...]

Overseas Private Investment Corporation (OPIC) and the African Development Bank (AfDB) have invested $50m in the ALCB Fund to support high impact sectors in Africa focusing on housing, [...]