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. • 4 hours 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.
Oct 23, 2026 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. Dr. Ahmed Abu Al-Naga, Chief Executive Officer of ATCO Pharma
Oct 23, 2026 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. Image Credit: Corus International
Oct 22, 2026 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. Ayman Mamdouh Abbas, Executive Chairman of Intro Holding Group / Image Credit: Enigma Magazine
Oct 22, 2026 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. Peter Kang'iri, Group Chief Executive Officer of Quickmart
Oct 22, 2026 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. ADvTECH Group CEO Geoff Whyte and MathU CEO & Founder WA Burger
Oct 22, 2026 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. Image Credit: Psyence BioMed
Oct 21, 2026 Afreenergy Solar Secures €12M Senior Debt from Camco’s REPP 2 for Senegalese C&I Portfolio The Camco-managed climate vehicle structures a portfolio debt facility to scale Afreenergy’s solar and battery storage capacity to 14.9 MWp, building on €4.3M in platform equity from InfraCo. Photo by Sasun Bughdaryan
Oct 21, 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. Dalia Khorshid, Group CEO and Managing Director of Beltone
Oct 21, 2026 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. Hatem Dowidar and Mohamed Elmasry, Co-Founder and Chief Executive Officer of Tactful AI
Oct 21, 2026 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. Left to right: Akinbola Asalu, Founder & CEO of Aktivate; Peng Chen, Co-Founder & CEO of HustleSasa; Kagwe Mungai, Founder & CEO of Book Mahali
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. Anthony Viljoen, CEO & Executive Director of Andrada Mining