Labat Africa enters cannabis market, secures trading licence in Lesotho

Labat Africa enters cannabis market, secures trading licence in Lesotho

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SOUTH AFRICA – South Africa’s investment group Labat Africa is set diversify into the booming multi-billion dollar cannabis industry. This is after it acquired a trading license to cultivate, manufacture, supply, hold, import, export and transit cannabis in the Kingdom of Lesotho….

CDG Capital invests in Moroccan pharmaceuticals business Steripharma

CDG Capital invests in Moroccan pharmaceuticals business Steripharma

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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

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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…

VestedWorld invests in Rwandan health startup Kasha for Kenya debut

VestedWorld invests in Rwandan health startup Kasha for Kenya debut

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RWANDA – VestedWorld, an early-stage investor in businesses based in emerging markets has invested into Rwanda’s ecommerce startup specialized in women health and personal care products as it plans to enter Kenya. The transaction whose details remains undisclosed, will also enable the…