Verod Capital
Acquisition

Verod Capital Acquires Minority Stake in Medplus to Support its Growth

Verod Capital Management Limited, a West African private equity firm, has announced that it has completed the acquisition of a

Fintech Funding Investment Venture Capital

African Neobank, 4G Capital Closes $18.5m Series C Funding Round

4G Capital, the African neobank, has secured $18.5 milliom Series C funding round from private equity fund Lightrock. Since its

Dash
Fintech Funding Investment

Ghana’s Dash Closes $32.8m Seed Round

Dash, a Ghanaian unified and accessible payments app, has raised $32.8 million in an oversubscribed seed round, one of the

Kigali International Financial
Funding Venture Capital

KIFC Unveils $50m Fintech-focused Africa Fund

Kigali International Financial Centre (KIFC) has launched a $50 million Fintech-focused Africa Fund.   Backed by MyGrowthFund Venture Partners, the fund

TradeDepot
Funding

African Startups That Raised $100m and Above in 2021

The African startup ecosystem bounced back in 2021 to raise a mind-blowing $4 billion. Briter Bridges says the total 2020

Alitheia IDF
Private Equity Fund

Alitheia IDF Announces Final Close at $100m to Fund African Female-led Startups

Alitheia IDF (AIF), Africa’s first women-led and women-focused private equity fund, has announced the final close of the $100 million fund with

4DX Ventures
Venture Capital

African-focused Venture Capital Firm, 4DX Ventures Closes Second Fund at $60m

4DX Ventures, a pan-African venture capital firm, has completed the final close of its second fund at $60 million. The

Crossfin
Acquisition Fintech

South African Fintech Firm, Crossfin Acquired by Consortium of Investors For $95m

Crossfin, a South African fintech industry, has been acquired by a consortium of investors for 1.5 billion rand ($94.8 million).

MFS Africa
Fintech Funding Payment Startup Venture Capital

Pan-African Cross-border Payments Startup, MFS Africa Secures $100m Series C Funding

MFS Africa, the pan-African cross-border payments startup, has raised US$100 million Series C funding through an equity and debt financing

mPharma
Acquisition Health

Ghana’s Healthtech Startup, mPharma Expands to Uganda, Acquires Vine Pharmacy

mPharma, a Ghanaian healthtech startup, has expanded into Uganda with the acquisition of a controlling stake in Vine Pharmacy. mPharma