Nigeria’s Interswitch diversifies into healthcare, acquires majority stake in healthcare tech company, eClat

Nigeria’s Interswitch diversifies into healthcare, acquires majority stake in healthcare tech company, eClat

On

NIGERIA- Interswitch, Nigeria’s leading integrated digital payments and commerce company has acquired a majority stake healthcare technology company, eclat. By acquiring shares from current shareholders and subscribing to the newly issued shares, Interswitch now owns a 60% stake in eClat Healthcare Limited….

Nigeria’s Ondo State signs $1.1bn deal with German firm Medicus International to build a medical center

Nigeria’s Ondo State signs $1.1bn deal with German firm Medicus International to build a medical center

On

NIGERIA – Ondo State Government has signed a Memorandum of Understanding with a Germany-based organisation, Medicus International, to build a Sunshine Medical City in Akure, valued at $1.1bn. Ondo State’s governor Rotimi Akeredolu of Ondo State said that the deal was in…

CDG Capital invests in Moroccan pharmaceuticals business Steripharma

CDG Capital invests in Moroccan pharmaceuticals business Steripharma

On

MOROCCO – CDG Capital Private Equity has announced an investment in Laboratoires Steripharma, a Moroccan pharmaceutical laboratory that manufactures generic medicines. According to the terms of the transaction, CDG has acquired a stake in the Company from several minority shareholders. Steripharma was…

Syntaxis launch US$33m equity fund to bridge financing gap for SMEs in Africa

Syntaxis launch US$33m equity fund to bridge financing gap for SMEs in Africa

On

NIGERIA – Syntaxis Capital Africa, an independent fund manager for Sub-Saharan Africa has launched US$33.19 million private equity fund to bring financing to Small and Medium Enterprises (SMEs)in Nigeria and other selected African countries. The main goal of the funding is to…