Archive for February 2017

Africa Capital Digest Week 9

Africa Capital Digest Week 9

Metier, the private equity fund manager, saw two of its funds make their first investment forays into East Africa last week. The first, a consumer deal, is a joint investment, with the South African fund manager teaming up with fellow private equity investor, Amethis Finance, to take a significant minority stake in Kenafric Industries, a major FMCG [...]

Investment in Africa’s tech start-ups on the rise

Investment in Africa’s tech start-ups on the rise

From mobile money to cargo drones and rugged portable wifi hotspots, Africa’s innovators are generating new technology to tackle consumer needs and development challenges.

New data charting investment activity flowing into Africa’s tech start-ups shows that international investors are taking notice. According to Disrupt Africa, a portal for start-ups and accelerators across the region, tech start-ups on [...]

5 African Blockchain Companies to watch

5 African Blockchain Companies to watch

Blockchain is undoubtedly one of the hottest topics in the tech industry.
When people think of Blockchain their initial thought lean towards cryptocurrencies and fintech; it is however far more than just a new payment system. Blockchain can potentially revolutionise how transactions over the Internet take place altogether. Blockchain uses cryptography to keep exchanges secure, providing a [...]

Africa Capital Digest Week 8

Africa Capital Digest Week 8

Small and impactful is the moniker that could be applied to the private capital deals in Africa last week. There were none of the high-profile, big name private equity transactions that we’ve seen over the past couple of week, but the impact investment category was well-represented.
At the end of the week, Injaro Investments announced that it [...]

Start-up en Afrique : en attendant les licornes

Start-up en Afrique : en attendant les licornes

Beaucoup d’événements symboliques nous portent à croire que le temps des start-up est venu pour l’Afrique.
Mark Zuckerberg visitant l’incubateur iHub à Nairobiet investissant plus de 20 millions de dollars au capital d’Andela au Nigeria. Le milliardaire nigérian Tony Elumelu finançant 10 000 start-up à travers sa fondation. Jacques-Antoine Granjon (PDG de vente-privee.com) annonçant à Dakar qu’il souhaite [...]

Fintech startup OpenFin raises $15 million to unify financial desktop apps

Fintech startup OpenFin raises $15 million to unify financial desktop apps

New York and London based fintech startup OpenFin, which has developed the first common operating layer for financial desktop applications, has announced $15 million in Series B funding from some of the world’s leading fintech investors.
Participants in this round include Bain Capital Ventures, DRW Venture Capital, J.P. Morgan, the Euclid Opportunities fund of NEX Group PLC [...]

MTN Congo revendique plus de 57 milliards d’investissement entre 2015 et 2016

MTN Congo revendique plus de 57 milliards d’investissement entre 2015 et 2016

La filiale congolaise du groupe sud-africain de télécommunications MTN a fait le point le weekend dernier sur ses investissements dans le pays au cours des dix dernières années. De manière spécifique, l’opérateur annonce avoir investi  plus de 57 milliards de FCFA au cours des années 2015 et 2016 dans la modernisation de son réseau, ce qui [...]

Start-up africaine de la semaine : JTAgro plante ses graines au Congo

Start-up africaine de la semaine : JTAgro plante ses graines au Congo

La start-up vient d’inaugurer sa première exploitation maraîchère à proximité de Pointe-Noire. Un projet mené au profit des maraîchers de Djeno, village du littoral à proximité du terminal pétrolier de Total auquel le groupe pétrolier français a apporté son soutien et qui pourrait très vite être dupliqué.
JTAgro ne part pas de rien. Le 9 février, [...]

New pan-African WiFi network launched

New pan-African WiFi network launched

Pan-African telecommunications service provider Internet Solutions (IS) has partnered with Dublin-based Accuris Networks Limited to launch an Africa-wide WiFi network to global carriers, multinational companies and local ISPs.
In a statement the companies explain that IS’ various independent WiFi networks are now consolidated using the Accuris WiFi server to enable “a carrier-grade, homogenous network accessible anywhere [...]

Transferts d’argent : le premier groupe bancaire kényan lorgne un rapprochement avec Alibaba

Transferts d’argent : le premier groupe bancaire kényan lorgne un rapprochement avec Alibaba

KCB Group a engagé des négociations avec le géant de l’e-commerce Alibaba pour l’ouverture d’une solution de paiement mobile facilitant les flux entre l’Afrique et l’Asie, a appris Jeune Afrique.
Une négociation qui intervient alors qu’Alibaba a annoncé fin janvier son intention de racheter pour 880 millions de dollars le géant américain des services financiers MoneyGram, [...]