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The cross-border trade of debt and equities in 15 West African countries and Morocco is scheduled to start in 2020, according to the region’s securities authorities. Regulators operating in the [...]

• Moringa School is developing the next generation of tech leaders through market-driven education. • With a rising population, youth unemployment is one of the biggest challenges facing Kenya [...]

US-based TPG Capital has bought a 33.9 percent stake in dairy processor Maziwa Ltd, a year after it purchased a 44.04 percent stake in Cellulant Corporation. The deal approved by the Competition [...]

Dutch PE firm DOB Equity has added local agro firm Cropnuts to its Kenyan portfolio after the Competition Authority of Kenya (CAK) granted it and investment firm AHL Venture Partners the go-ahead [...]

BNP Paribas Personal Finance South Africa’s RCS Cards unit to buy Absa’s portion of Edcon store card portfolio for undisclosed amount. * RCS to provide consumer finance products to Edcon [...]

Adiwale Partners, the private equity firm focusing on growth capital investments for SMEs in French-speaking West Africa, has announced the first closing of its first fund, Adiwale Fund I, LP at [...]

Interswitch Limited has raised N23 billion through the issuance of a series 1, fixed rate, senior, unsecured callable bonds. The integrated digital and e-payment company raised the fund via a [...]

Tanzania Telecommunications Corp. entered a 10-year agreement with state-owned Burundi Backbone System to link the landlocked nation to submarine fibre-optic cables. TTCL will provide internet [...]

The construction firm is disposing of assets in a controlled manner to ensure better returns for creditors Construction company Group Five is set to sell one of its businesses in a move that [...]

The partnership with SKOON. is an early example of Silvertree’s expansion into the consumer product space. Entrepreneur-led Investment growth partner Silvertree Holdings has invested growth [...]

The Open Society Foundations has announced a $10 million investment in a $100 million fund designed to support business development in Ethiopia. The Soros Economic Development Fund, the [...]

Nigeria named the Transcorp Power Consortium as the preferred bidder for its Afam Electricity Generation Co. after Transcorp offered $343.6 million. Quest Electricity Nigeria Ltd. was identified [...]

Aruwa Capital Management has launched a $20m West-Africa focused Private Equity co-investment vehicle, which is focused on closing the gender equality gap, and has completed its first investment, [...]

Seplat Petroleum Development Co. agreed to buy Eland Oil & Gas Plc, adding resources in Nigeria as it seeks to become the country’s biggest independent exploration and production company. The [...]