Debt & Financing
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.
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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.
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.
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.
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.
Ghanaian Fintech Seevcash Secures $333,000 in Stellar Community Fund Grants to Expand Diaspora Remittances
The blockchain-powered fintech platform is expanding its digital wallet infrastructure, deepening its MoneyGram integration, and scaling the adoption of its physical Visa cards across African diaspora corridors.
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.
African Fintech Nomba Secures $3 Million Debt Facility via CardinalStone to Scale Africa-Asia Payment Infrastructure
The B2B financial services provider is leveraging new debt capital to boost U.S. dollar liquidity through Hong Kong and Singapore, positioning its Democratic Republic of Congo hub for faster trade settlement.
South Africa-Focused Regtech Instarc Secures €1.25 Million to Accelerate Cloud-Native Compliance Platform Rollout
The strategic investment round, led by HFO Investments, will scale the firm's modular regulatory infrastructure designed to streamline customer due diligence and FICA compliance.
Global Ride-Hailing Giant Uber Exits Nigeria and Uganda After Over a Decade of Operations
The multinational platform has abruptly wound down its services in two of its key East and West African markets as part of a broader corporate restructuring and strategic portfolio reset.
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.
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.