Investments

Jumia Technologies AG ($JMIA), the African e-commerce giant, has effectively concluded a secondary offering, generating $99.6 million through the sale...

An Amazon.com, Inc. subsidiary, Amazon Web Services, Inc. (AWS) has pledged $230 million to help global companies speed up the...

Amethis Fund III, a pan-African fund that offers private equity growth capital to medium-sized businesses on the continent, has received...

Safaricom Ethiopia, a telco operator, has announced that it has received the first batch of 13 locally produced telecom towers...

The construction of Nigeria's transport, water, sanitation, and energy and power infrastructure has received $1.44 billion in funding from the...

Microsoft South Africa and the Department of Trade, Industry, and Competition (DTIC) have reached a 10-year deal for Microsoft to...

Helios Towers is a telecommunications infrastructure provider that operates across Africa. With towers at more than 14,000 sites, they provide...

Collaborating with the Ministry of Information, Communications and the Digital Economy of the Republic of Kenya, Microsoft and G42 have...

Adumo, a South African fintech company, has been bought by Lesaka for ZAR1.59 billion (US$85.9 million), subject to shareholder and...

To help fast-growing health and financial services firms in Africa, South Asia, and Southeast Asia gain access to growth capital...

The investing arm of FSD Africa, FSD Africa Investments (FSDAi), has announced additional investments totaling $19.5 million to support infrastructure...

Following the announcement that Mastercard has agreed to purchase a minority stake in the financial-technology division of MTN Group Ltd., the...