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Seedrs invests US$706K in digital finance platform in crowdfunding campaign

UGANDA - Eversend, a digital-only finance platform providing cross-border money transfers among other services, has secured EUR634,000 (US$706,000) in investment through a Seedrs crowdfunding campaign.  Founded...

Zambian seed producer Zamseed clinches US$5m investment from SilverStreet Capital

ZAMBIA – Zambia’s first seed company, Zamseed has secured K91 million (US$5m) investment from UK based investment advisor managing African agricultural funds, SilverStreet capital to expand...

LionPride Agility Fund invests in healthtech startup BusyMed

SOUTH AFRICA - LionPride Investment Holdings, via its LionPride Agility Fund has invested in BusyMed, a South African healthtech start-up.   The investment from LionPride will...

AfDB to support ECOWAS countries to bolster response on COVID-19

WEST AFRICA - The African Development Bank’s Board of Directors has approved US$22.4 million for emergency project in support of three, low-income ECOWAS nations, Gambia, Mali...

Platform Capital invests in East African credit platform Lipa Later

KENYA - Platform Capital, a leading growth markets investor, has announced its investment in Lipa Later, a technology driven, consumer credit platform in East Africa....

RMB Corvest to exits its investment in South African leather company

SOUTH AFRICA – RMB Corvest, a private equity firm, has announced that it will exit its investment in Plush Professional Leather Center which is subject...

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TRAVEL & COUNTRY FOCUS

Jinja – The Adventure Capital of East Africa

TRAVEL Jinja, Uganda's second largest city has built itself an interesting reputation as the fun and adventure capital of East Africa. One of the oldest...

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BUSINESS & LEADERSHIP NOTES

How blended finance could help finance Kenya’s “Big 4 Agenda”

By Ladé Araba Kenya’s aspiration to become an industrializing middle income country is encapsulated in its Vision 2030, which is aligned with the UN Sustainable Development...

Emerging Trends in Private Equity in Africa

By KENNETH BARRY and PREETI NANAPrivate equity in Africa has come a long way since the early 1990s, which saw development financial institutions investing in...

What role can Blended Finance play in the response to COVID-19?

By Andrew Apampa, CFA The rapid spread of COVID-19 presents an unprecedented challenge in an ever more connected world, requiring health organizations, governments, and the private...

Africa cannot go back to ‘business as usual’ when COVID-19 pandemic is over

By Babatunde Omilola Like every other pandemic that the world has experienced in the past, coronavirus will eventually come to an end. It will be...

Why a new Bill is important to professionalize customs and freight trade in Kenya

By Wycliffe Wanda The rise of regulators to protect consumer interests has served consumers well in setting and applying rules on corporate action and delivery...

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