ABA Life has entered into a landmark investment agreement worth $40 million with pan-African private equity firm Admaius ...

Nigerian health-tech company Helium Health has secured a $2.5 million (approximately ₦3.4 billion) grant from Google’s ...

Accra-based impact investment firm Sahara Impact Ventures, in partnership with Acumen, has invested in Wami Agro, a Ghanaian agribusiness focused on empowering smallholder farmers through improved ...

Beyond Capital Ventures (BCV), a venture capital firm focused on supporting high-potential early-stage businesses in East Africa and India, has announced the first close of its Debt Opportunities Fund ...

AgDevCo Ventures, the early-stage investment division of African agricultural investment firm AgDevCo, has announced a US$3 million mezzanine loan investment in Newman’s, a Ugandan agro-processing ...

Investment firm TLG Capital has successfully arranged a new credit facility for Koolboks, a fast-growing clean energy company that provides solar-powered refrigeration and household appliances to ...

Mediterrania Capital Partners (MCP), an Africa-focused private equity firm, has completed an investment in AFG Assurances, the insurance subsidiary of Atlantic Group, the pan-African financial ...

The International Finance Corporation (IFC) has revealed plans to commit up to US$30 million to the Capital Alliance Private Equity Fund V (CAPE V), while also considering an additional US$20 million ...

Aruwa Capital Management, a Lagos-based private equity firm focused on investing in high-growth businesses across Nigeria and ...

The Federal Government of Nigeria has introduced a dedicated USSD credit service enabling Nigerians to access consumer loans ...

On October 29, Binance reported a major theft of about $6.3 billion in crypto assets, linked to a hacking group from North Korea, according to the FBI. This is the largest theft of its kind on record.

On 2 November, Ethiopia’s Media Authority (EMA) indefinitely suspended the registration of Media and Communication Center PLC, publisher of the Amharic Reporter and the English-language The Reporter, ...