All posts in Technology
8 Miles seals Eleni deal
8 Miles has finally signed on Eleni & Associates, an Ethiopia-based business services company – as previously reported by Private Equity Africa.
GFC launches €150m tech fund
Global Founders Capital (GFC) has launched a €150million global technology fund, which will also consider investments in Africa. The fund will
Summit in $26m Jumia deal
Nigeria to launch $15m Tech fund
The government of Nigeria is reportedly working on plans to raise a $15 million technology fund. The fund is understood to
LeapFrog invests $4m in BIMA
LeapFrog Investments has invested $4.25 million into mobile insurance company BIMA, as part of a $7 million equity injection.
Ethos closes fund VI at $800m
Ethos Private Equity has reached the final close of its latest fund at $800 million, exceeding its original $750 million target. The fund has attracted commitments from both local
ACA in $335m MTN exit
African Capital Alliance (ACA) has sold its minority stake in telecommunications company MTN Nigeria to Shanduka Group in a deal valued at $335 million. ACA sells its stake after
Adlevo and Intel back Rancard
Adlevo Capital has partnered with Intel Capital to invest an undisclosed amount into Ghana-based software technology company Rancard Solutions. The funding will bolster Rancard’s plans to expand its footprint across
Adlevo leads Pagatech deal
Adlevo Capital has led a deal to back Nigeria-based mobile banking company, Pagatech. Adlevo partnered with Omidyar Network, Acumen Fund and Capricorn Investment Group on the transaction. Existing investor,
Capital Eye to launch tech fund
South Africa-based Capital Eye Investments is reportedly working on plans to launch an Africa-focused technology fund. The fund will back consumer-related technology companies, covering all investment stages - from
