M&A
East Africa
Cross-border private capital flows, infrastructure project financing, private equity investments, and venture expansions across East African economies.
Amethis Announces Strategic Investment in Pan-African Financial and Insurance Solutions Provider Zamara Holdings Limited
The prominent impact-oriented private equity firm has backed Nairobi-headquartered Zamara to accelerate its digital transformation, expand its regional footprint, and scale its insurance and actuarial services across Africa.
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ByteX and Cenne Financial Merge to Launch Unified Cross-Border Financial Stack Linking North America, India, and Africa
The cross-border payment platform has merged with Africa-focused financial operations platform Cenne Financial to build an integrated financial gateway streamlining trade and commerce across key global corridors.
Amethis Announces Strategic Investment in Pan-African Financial and Insurance Solutions Provider Zamara Holdings Limited
The prominent impact-oriented private equity firm has backed Nairobi-headquartered Zamara to accelerate its digital transformation, expand its regional footprint, and scale its insurance and actuarial services across Africa.
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.
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.
Africa50 Appoints Former IFC Regional Director Cheick-Oumar Sylla as CEO of its Project Development Fund
Bringing over three decades of development finance and infrastructure investment experience, the seasoned executive steps in to accelerate the continent’s pipeline of bankable opportunities.
Spiro Secures $50 Million in Debt Funding to Expand African EV Battery-Swapping Network
African electric mobility leader Spiro has raised $50 million in debt financing from Afreximbank, Nithio, and the Africa Go Green Fund. The capital will fuel the expansion of its battery-swapping infrastructure and proprietary technology platform across the continent.
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.
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.
Wasoko and MaxAB Complete Landmark Merger to Form Pan-African B2B E-Commerce and Fintech Ecosystem
B2B e-commerce platforms Wasoko and MaxAB have finalized an all-stock merger of equals, creating a combined entity that connects over 450,000 informal merchants across five African markets.