Skincare brand Uncover raises US$1.4M in its second seed funding round
KENYA – Uncover, a beauty brand, has successfully closed a US$1.4 million Seed II funding...
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Category: Funding, Mergers & Acquisitions
IFC invests in Star Garments Group to boost textile and apparel manufacturing in Togo
TOGO – The International Finance Corporation (IFC) has announced a financing package for...
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Oasis Capital raises US$100m to support Ghana and Cote d’Ivoire’s SMEs
GHANA — Oasis Capital Ghana, a fund manager focused on West Africa, announced its first close of...
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Tanzanian fintech startup Nala secures US$40M series A funding
TANZANIA—Nala, a payments company, has raised US$40 million in Series A funding to expand globally...
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EduLife Group secures US$4.4M follow-on investment from Sanari Capital
SOUTH AFRICA – Sanari Capital, a private equity firm investing in medium-sized and...
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Travel-focused fintech TurnStay secures US$300,000 to expand its business
SOUTH AFRICA – TurnStay, a South African travel-focused fintech, has secured US$300,000 in...
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Moody’s acquires 100% stake in credit rating company GCR Ratings
AFRICA – Moody’s Corporation has fully acquired Global Credit Rating (GCR), a leading credit...
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TerraPay secures US$75m from IFC to boost remittance process in Africa
AFRICA – International Finance Corporation has announced a US$75 million financing package...
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Innovate Africa Fund launches with US$2.5M rollout to invest in early-stage startups
AFRICA – Innovate Africa, an angel investment fund that supports early-stage startups, has...
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Tanzania’s Amsons Group is set to acquire Kenya’s Bamburi Cement
KENYA — Amsons Group, a Tanzanian manufacturing and energy company, is looking to acquire up to a...
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Anderson Global strengthens its position in Africa with two new collaborations
AFRICA – Andersen Global, an international association of member firms comprised of tax and...
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Mozambique secures US$1M in funding to enhance waste collection in Pemba
MOZAMBIQUE – The municipality of Pemba, Mozambique, has secured US$1 million in financing from the...
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