Private Equity
Lendable Reaches $255 Million Final Close on Second MSME Fintech Credit Fund
Impact-focused asset manager Lendable closes its second MSME Fintech Credit Fund (LMFCF II) at $255 million, leveraging blended finance to expand debt capital access for fintechs and financial services providers across emerging markets.
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Prudential Financial Exits Alexforbes Stake in $185 Million South African Transaction
US financial services giant Prudential Financial divests its entire holding in South Africa's largest standalone retirement-fund administrator as billionaire Patrice Motsepe’s African Rainbow Capital consolidates majority control.
Lendable Reaches $255 Million Final Close on Second MSME Fintech Credit Fund
Impact-focused asset manager Lendable closes its second MSME Fintech Credit Fund (LMFCF II) at $255 million, leveraging blended finance to expand debt capital access for fintechs and financial services providers across emerging markets.
Ghana’s Apprise Music Secures GH¢600,000 Grant at Orange Inspire Pitch Competition
Ghanian music distribution and rights management platform Apprise Music & Media wins non-dilutive capital through the Orange Inspire Fidelity Cultural and Creative Challenge to scale digital infrastructure for independent creators.
IFC and BIFT Inject $2.4M into Complete Farmer to Scale West African Agritech Infrastructure
Ghanaian agricultural technology platform Complete Farmer secures a multi-million-dollar convertible financing package to expand its digital input-procurement network and data-driven supply chain solutions.
Biochar Industrial Group Secures $1.5M Pre-Seed Funding to Scale Pan-African Infrastructure
Founded by former Releaf Earth executives, climate-tech startup Biochar Industrial Group closes a funding round led by Breega to deploy on-site pyrolysis equipment and monetize agricultural waste into audit-grade carbon credits.
Benin’s Caisse des Dépôts et Consignations (CDC Benin) Becomes an Investor in Enko Capital’s SME Strategy
The public financial institution backs Enko Capital’s Francophone West Africa SME Strategy, bolstering regional institutional participation and expanding private equity deployment for high-potential businesses.
VEA Capital Partners Acquires Stake In South African Data Science Firm Bonisa AI
The private investment arm of VEA Group backs the artificial intelligence and analytics specialist to accelerate enterprise expansion, commercialize decisioning-as-a-service, and scale advanced credit modeling across African markets.
BlueOrchard Climate Action Mobilisation Fund Reaches First Close With $250M
The Schroders-backed impact investor secures significant institutional capital for its flagship blended finance vehicle, creating an investment-grade path for private deployment into emerging and frontier climate strategies.
Pepkor Sells 65% Logistics Stake For $140M To RMB-Backed IronOak
South African retail giant Pepkor unlocks R2.25 billion in capital through a strategic sale-and-leaseback transaction, offloading majority control of core distribution infrastructure while retaining a minority holding.
Bekia Raises $765K Seed Round Led by Madica to Scale Egyptian Waste-Tech Platform
Backed by Flourish Ventures' investment program, the digital waste-management startup will expand its engineering team, launch B2B software, and target cross-border growth.
DNI Deploys Over $115M To Expand Access To Connectivity, Digital Services And Mobile Technology Across South Africa
The digital infrastructure group channels over R2 billion into telecom assets, scaling high-speed fiber deployments, international eSIM connectivity, and mobile distribution across the region.