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Acquisition in private equity fund part of Britam Holdings’s plan to diversify income streams, Nairobi- based Business Daily newspaper reports, citing Kenya’s biggest publicly traded money [...]

Retailer to dispose of 74.9% of Steinhoff Africa’s shares in Unitrans and its subsidiaries, and 100% of the loan claims against Unitrans held by Steinhoff Africa, to CFAO Holdings South Africa [...]

Rewire, a leading innovative fintech company which has developed an international banking platform for migrants in close partnership with leading banks globally, today announced a Series A [...]

The Bahamas incorporated Heritour Limited has announced its intention to acquire Abercrombie & Kent Group of Companies- SA, a company incorporated in Caymans Island, which operates in [...]

Pay-as-you-go solar company PEG Africa has raised a $25-million Series-C round which it plans to use for off-grid solar expansion in Ivory Coast, Ghana and Senegal. The firm — which is based in [...]

One Finance Limited (OneFi) has announced the acquisition of Amplified Payments (Amplify), a fintech company that builds and facilitates payment solutions and digital financial transactions in [...]

Wilderness Holdings plans to exit the Botswana Stock Exchange (BSE) via a P943 million sale of its shares to a US-based private investment firm led by current Wilderness CEO, Keith Vincent. [...]

FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the [...]

Cauris Croissance, the second fund managed by Cauris Management, the West African private equity fund management company, confirms the sale of its stake in to the new reference shareholder of the [...]

Millicom announced today that it has signed an agreement for the sale of its entire operations in Chad to Maroc Telecom. The completion of the transaction is subject to the approval of the [...]

FMO has invested in dopay, a technology start-up company in Egypt that aims to break the cash cycle at the payroll of underserved employees in emerging markets. The €1m convertible loan facility [...]

Prudential plc (“Prudential”) has today announced further expansion in West Africa by acquiring a majority stake in Group Beneficial, a leading life insurer operating in Cameroon, Côte [...]

FSS (Financial Software and Systems), a global payments technology company, has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a leading payment [...]

Kenya’s Safaricom said on Tuesday it had secured a deal to use its M-Pesa mobile payment service for online shopping on the Aliexpress.com site, run by Chinese e-commerce giant Alibaba Group. [...]