Image Credit: Guinness Nigeria Debt & Financing Mauritius Commercial Bank Structures $51 Million Loan to Support Tolaram Group's Guinness Nigeria Refinancing The Mauritian financial institution has finalized a strategic medium-term facility to help the Singaporean multinational optimize its capital structure following its high-profile acquisition of Guinness Nigeria. By Charles S. • 8 hours ago
Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations.
Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa.
Image Credit: Proparco Venture Capital Nairobi-Based EV and Battery-as-a-Service Pioneer ARC Ride Secures $33.3 Million in Combined Equity and Debt Financing Kenyan electric mobility leader ARC Ride has closed a massive $33.3 million funding round backed by a consortium of top-tier venture capital firms and international development finance institutions to scale its pan-African operations. By Newsroom Team • a day ago
Ugandan Dairy Processor Mujuni Ventures Secures Strategic Funding from Oxano Capital to Scale Production and Cold-Chain Infrastructure Kampala-based Mujuni Ventures has closed a milestone investment from Netherlands-based Oxano Capital, unlocking capital to expand its processing footprint, upgrade supply chain logistics, and deepen smallholder sourcing across East Africa.
Nigerian Church-Tech Startup Pewbeam Secures Investment from Resilience17 to Advance AI Live-Service Platform Pewbeam startup is scaling its real-time AI desktop application designed to automate slide projection, scripture display, and media workflows for physical sanctuaries.
Private Equity Capitalworks Secures $15 Million from Proparco for Fourth Flagship Fund to Back South African Mid-Market Sep 08, 2026
Macro & Markets Dangote Petroleum & Petrochemicals Enlists 24-Bank Syndicate to Drive Historic $1.6 Billion IPO Sep 08, 2026
Private Equity Moroccan Water Infrastructure Leader SNCE Welcomes CDG Invest Growth and Mediterrania Capital Partners as Minority Shareholders Sep 05, 2026
Digital Economy Ghanaian Fintech Seevcash Secures $333,000 in Stellar Community Fund Grants to Expand Diaspora Remittances Sep 05, 2026
Private Equity AHL Venture Partners Hits $45.5 Million Second Close for Africa Credit Fund I Following $15 Million Commitment Sep 04, 2026
M&A Dislog Medical Devices Prepares Landmark Public Offering on the AMMC Under Moncef Belkhayat's Leadership Sep 04, 2026
Venture Capital Nigerian Church-Tech Startup Pewbeam Secures Investment from Resilience17 to Advance AI Live-Service Platform Sep 03, 2026
Private Equity Mauritius-Based AI Boutique Spoon Consulting Secures Minority Equity Investment from AfricInvest Small Cap Fund Sep 03, 2026
Image Credit: Proparco Capitalworks Secures $15 Million from Proparco for Fourth Flagship Fund to Back South African Mid-Market South African private equity heavyweight Capitalworks has secured a $15 million commitment from Proparco to drive mid-market expansion, strengthen ESG standards, and catalyze employment across the region. By Newsroom Team • a day ago
Image Credit: SNCE Moroccan Water Infrastructure Leader SNCE Welcomes CDG Invest Growth and Mediterrania Capital Partners as Minority Shareholders The historic hydraulic engineering firm is bringing in institutional investors to accelerate regional expansion across Africa and the Middle East while keeping the founding Laraqui family at the helm. By Charles S. • 4 days ago
Image Credit: AHL Venture Partners AHL Venture Partners Hits $45.5 Million Second Close for Africa Credit Fund I Following $15 Million Commitment The pan-African debt fund has advanced toward its $70 million target, backed by Ceniarth and co-investors, to scale senior secured and mezzanine lending across high-impact sectors. By Charles S. • 5 days ago
Image Credit: AfricInvest Mauritius-Based AI Boutique Spoon Consulting Secures Minority Equity Investment from AfricInvest Small Cap Fund The specialized digital transformation consultancy has brought in AfricInvest to scale its proprietary AI architectures and accelerate expansion across Africa and Europe. By Staff Writer • 6 days ago
Moncef Belkhayat, then Moroccan minister for youth and sport in Monaco, on 2 December 2010. © Scott Heavey/Getty Images via AFP Dislog Medical Devices Prepares Landmark Public Offering on the AMMC Under Moncef Belkhayat's Leadership The specialized health-tech subsidiary of Morocco's Dislog Group is gearing up for a major capital market debut under the guidance of Chairman and CEO Moncef Belkhayat. By Newsroom Team • 5 days ago
Flutterwave Acquires Open Banking Startup Mono in All-Stock Deal Valued Up to $40 Million African payments giant Flutterwave has acquired Nigerian open banking infrastructure startup Mono, marking a major strategic milestone in the continent's digital financial services ecosystem. Jan 05, 2026
Diageo to Sell Controlling Stake in East African Breweries to Asahi in $4.8 Billion Deal Diageo plc has entered into a definitive agreement to divest its controlling shareholding in East African Breweries Limited (EABL) to Asahi Group Holdings in a landmark $4.8 billion transaction, reshaping the consumer goods and beverage landscape across East Africa. Dec 17, 2025
AXIAN Telecom Expands East African Fiber Footprint via Acquisition of Wananchi Group AXIAN Telecom expands its East African digital infrastructure footprint by acquiring a majority stake in regional internet provider Wananchi Group. Nov 05, 2025
Image Credit: Dangote Refinery Dangote Petroleum & Petrochemicals Enlists 24-Bank Syndicate to Drive Historic $1.6 Billion IPO A powerhouse consortium of regional and international financial heavyweights has been officially assembled to manage the milestone public offering of the 650,000 barrels-per-day refining giant. By Charles S. • a day ago
Moroccan Water Infrastructure Leader SNCE Welcomes CDG Invest Growth and Mediterrania Capital Partners as Minority Shareholders The historic hydraulic engineering firm is bringing in institutional investors to accelerate regional expansion across Africa and the Middle East while keeping the founding Laraqui family at the helm. Sep 05, 2026
AXIAN Telecom Expands East African Fiber Footprint via Acquisition of Wananchi Group AXIAN Telecom expands its East African digital infrastructure footprint by acquiring a majority stake in regional internet provider Wananchi Group. Nov 05, 2025
Zenith Bank Completes Landmark $195M Tier-1 Capital Raise to Drive Regional Expansion Zenith Bank has successfully closed a landmark $195 million Tier-1 capital raise, securing vital financial firepower to accelerate its regional expansion strategy across Africa. Sep 23, 2024