Dr. Ahmed Abu Al-Naga, Chief Executive Officer of ATCO Pharma Private Equity RMBV’s RNAF III Acquires 50% Joint Control Stake in Egypt’s ATCO Pharma in $50M Growth Deal The North Africa-focused private equity firm establishes its entry into Egypt’s veterinary pharmaceutical sector through a combined primary and secondary share transaction co-led by Zilla Capital. By Charles S. • a minute ago
Ground Up Investing Achieves $6M First Close for $20M Agribusiness Debt Fund II The impact investment vehicle of Corus International targets small and medium agribusinesses across Sub-Saharan Africa and Latin America to drive $200 million in incremental smallholder farmer income.
Egyptian Businessman Ayman Abbas Acquires 10% Stake in Proptech Platform Aqar Exit at $2M Valuation The $200,000 capital injection by the Intro Holding executive chairman supports product development and Gulf market expansion ahead of a targeted $5M round in 2027.
ADvTECH Group CEO Geoff Whyte and MathU CEO & Founder WA Burger M&A ADvTECH Acquires 25% Stake in South African AI EdTech Startup MathU The JSE-listed education and staffing group secures a board seat and exclusive rights to MathU's current and future AI-enhanced learning suite to scale personalised instruction across its African network. By Charles S. • a day ago
BPM Investments Increases Stake in Andrada Mining Following £577,845 Convertible Debt Conversion The major shareholder raises its holding to 3.66% in the London-listed critical metals producer after converting five loan notes, reducing Andrada’s outstanding note facility principal by £500,000.
Qalaa Holdings Moves to Buy QatarEnergy’s Egyptian Refining Company Stake for $420M The Cairo-listed investment firm expands its effective ownership in the $4.3 billion Mostorod hydrocracking refinery, doubling its interest following full senior debt clearance by the refining asset.
Macro & Markets UK Government’s FCDO Commits $15M via MOBILIST to Anchor Quickmart’s IPO Oct 22, 2026
Macro & Markets Psyence BioMed Completes $2.6M Investment in PsyLabs Following Ibogaine Milestone Approvals Oct 22, 2026
Debt & Financing Afreenergy Solar Secures €12M Senior Debt from Camco’s REPP 2 for Senegalese C&I Portfolio Oct 21, 2026
Venture Capital Tactful AI Secures Pre-Series A Extension Investment from Former e& Group CEO Hatem Dowidar Oct 21, 2026
Venture Capital Aries Media Ventures Launches Fund I for Sub-Saharan Media-Tech, Backs Initial Trio of Startups Oct 21, 2026
Private Equity BPM Investments Increases Stake in Andrada Mining Following £577,845 Convertible Debt Conversion Oct 21, 2026
Ayman Mamdouh Abbas, Executive Chairman of Intro Holding Group / Image Credit: Enigma Magazine Egyptian Businessman Ayman Abbas Acquires 10% Stake in Proptech Platform Aqar Exit at $2M Valuation The $200,000 capital injection by the Intro Holding executive chairman supports product development and Gulf market expansion ahead of a targeted $5M round in 2027. By Charles S. • a day ago
Hatem Dowidar and Mohamed Elmasry, Co-Founder and Chief Executive Officer of Tactful AI Tactful AI Secures Pre-Series A Extension Investment from Former e& Group CEO Hatem Dowidar The Cairo- and Cambridge-based agentic CX infrastructure platform expands its funding base following a $1M capital raise as it prepares for a planned 2027 Series A round. By Charles S. • 3 days ago
Left to right: Akinbola Asalu, Founder & CEO of Aktivate; Peng Chen, Co-Founder & CEO of HustleSasa; Kagwe Mungai, Founder & CEO of Book Mahali Aries Media Ventures Launches Fund I for Sub-Saharan Media-Tech, Backs Initial Trio of Startups The early-stage venture firm deploys capital from its inaugural fund into creator economy, events commerce, and venue booking platforms across Kenya, Ghana, Uganda, Rwanda, Tanzania, and South Africa. By Charles S. • 3 days ago
Image Credit: Healthleap Healthleap Secures $38M Seed & Series A to Expand EHR Clinical AI Platform Co-founded by South African siblings Josiah and Jemima Meyer, the healthtech startup closes a major funding round from Sequoia Capital, First Round Capital, and Hummingbird Ventures to scale its hospital risk-detection software across US health systems. By Charles S. • 5 days ago
Dr. Ahmed Abu Al-Naga, Chief Executive Officer of ATCO Pharma RMBV’s RNAF III Acquires 50% Joint Control Stake in Egypt’s ATCO Pharma in $50M Growth Deal The North Africa-focused private equity firm establishes its entry into Egypt’s veterinary pharmaceutical sector through a combined primary and secondary share transaction co-led by Zilla Capital. By Charles S. • a minute ago
Tactful AI Secures Pre-Series A Extension Investment from Former e& Group CEO Hatem Dowidar The Cairo- and Cambridge-based agentic CX infrastructure platform expands its funding base following a $1M capital raise as it prepares for a planned 2027 Series A round. Oct 21, 2026
BPM Investments Increases Stake in Andrada Mining Following £577,845 Convertible Debt Conversion The major shareholder raises its holding to 3.66% in the London-listed critical metals producer after converting five loan notes, reducing Andrada’s outstanding note facility principal by £500,000. Oct 21, 2026
Fortis Green Renewables and Zeitinger Invest Back GRIPS Energy The growth equity consortium finances asset acquisitions across Senegal, Botswana, Zambia, and Uganda while backing the group's commercial and industrial solar-plus-storage pipeline. Oct 19, 2026
Peter Kang'iri, Group Chief Executive Officer of Quickmart UK Government’s FCDO Commits $15M via MOBILIST to Anchor Quickmart’s IPO The UK public investment programme acquires 260 million shares in the Kenyan retailer, joining the International Finance Corporation to anchor the country’s largest retail public listing on the NSE. By Charles S. • a day ago
Psyence BioMed Completes $2.6M Investment in PsyLabs Following Ibogaine Milestone Approvals The Nasdaq-listed biotech exercises a $2.6 million backstop commitment to raise its stake in natural API developer PsyLabs to 43.37%, securing African-sourced pharmaceutical-grade ibogaine supply for U.S. clinical trials. Oct 22, 2026
Beltone Asset Management Launches $10.2M Active IPO Fund The flagship fund from Egypt's largest non-bank asset manager achieves full subscription of its initial private tranche within one day to capture government privatization listings, corporate rights issuances, and recent EGX equities. Oct 21, 2026
BPM Investments Increases Stake in Andrada Mining Following £577,845 Convertible Debt Conversion The major shareholder raises its holding to 3.66% in the London-listed critical metals producer after converting five loan notes, reducing Andrada’s outstanding note facility principal by £500,000. Oct 21, 2026