Admaius Leads USD100m Series C+ for MFS Africa

Admaius Capital Partners led a USD100m debt and equity Series C extension for Ghana-based digital payments network MFS Africa, with participation from Vitruvian Partners and AXA IM Alts and follow-on from AfricInvest FIVE and CommerzVentures. Stanbic IBTC Bank Nigeria and Symbiotic provided the debt financing.The new funding brings the total… Read More

DFC Commits USD40m to Africa Funds

DFC has agreed to invest a combined USD40m to two Africa-focused funds, including USD25m to West Africa-focused PE fund Uhuru Growth Fund I and USD15m to women-led tech-focused vehicle Norrsken22 Africa Fund. Read more… Read More

Proparco Commits USD12m to Africa-focused Maris

Proparco, through AFD Group’s FISEA+ initiative, committed USD12m to Maris Limited, an impact investor targeting investments in startups and SMEs in the renewable energy, agriculture and business services sectors in East and Southern Africa. Read more… Read More

(default archive template)