West Africa
Venture capitalization, upstream energy transactions, private credit facilities, and high-growth equity investments driving expansion across West African private markets.
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Nithio Injects Climate Capital into MAX, Pushing Series B3 Extension to $29M
The US climate fintech’s investment supports the Nigerian electric mobility pioneer as it expands clean transport infrastructure and scales EV subscription platforms across West and Central Africa.
Trademarks Global Concepts Acquires Controlling 56.18% Stake in Nigeria’s eTranzact International
Access Bank, Accelerex Holdings, and eTranzact Global complete full equity exits, triggering a comprehensive board overhaul at the NGX-listed payment switch following CBN approval.
EPC Groupe’s Senegalese Unit Secures €50M Blasting Services Contract for Endeavour’s Sabodala Gold Mine
EPC Mineex Sénégal signs a 5-year integrated mining services agreement with Sabodala Gold Operations to supply 45,000 tons of explosives and introduce automated underground charging technology in Senegal.
EBRD Backs Nigeria’s Beacon Power Services to Modernize National Electricity Grid Infrastructure
The European multilateral lender commits up to $10 million in senior debt as part of a $20.9 million digital grid technology package targeting loss reduction and revenue optimization across Nigerian utilities.
IFC and BlueOrchard Launch $2B Private Debt Vehicle to Expand Institutional Credit Across Emerging Markets
The World Bank Group's private-sector arm partners with Schroders-owned impact manager BlueOrchard to mobilize long-term private capital, anchored by a $300M commitment from Japan's Tokio Marine Group.
J.P. Morgan Plans Full Merchant Banking Debut in Nigeria by Year-End 2026
The Wall Street banking giant seeks regulatory clearance from the Central Bank of Nigeria to establish a licensed merchant banking arm to deepen its corporate finance, capital markets, and cross-border advisory footprint.
Standard Bank Secures ~$185M Private Placement in OPay Ahead of NYSE Debut
Africa's largest lender by assets agrees to acquire up to a 4.99% equity stake in the SoftBank-backed Nigerian fintech platform as part of a strategic partnership spanning digital banking and cross-border commercial distribution.
Vatar Closes $500,000 Angel Round at $10M Valuation Following Viral Launch of Lagos Life
The parent company of the fast-growing multiplayer browser game secures rapid funding in a single day as player traffic surpasses five million users nine days after debut.
Shelter Afrique Issues $100M Sustainable Bond for West African Housing Infrastructure
The FCFA 60 billion local-currency issuance on the WAEMU regional capital market represents the multilateral lender's debut sustainable bond offering.
Tony Elumelu’s Heirs Energies Buys $71 Million Seplat Stake to Lift Combined Holding to 21.07%
The £53.2 million transaction on the London Stock Exchange consolidates Elumelu's position as Seplat Energy’s largest single shareholder ahead of his transition to board chairman in 2027.
Attijariwafa Bank to Acquire Controlling 55.22% Stake in Société Générale Ghana
The transaction marks the complete exit of French banking group Société Générale from Ghana, with local pension fund SSNIT securing an additional 5% equity interest.