Archive for March 2017

Romuald Yonga, un cœur et une tête pour les marchés financiers africains

Romuald Yonga, un cœur et une tête pour les marchés financiers africains

Sa plateforme d’information boursière est devenue une référence pour les acteurs du secteur et tous ceux qui cherchent à en savoir plus ou à investir sur les marchés boursiers africains. Lui, c’est Romuald Yonga, un ingénieur financier qui a décidé de tourner le dos à une carrière prometteuse en banque d’affaires à Paris pour construire [...]

Enko Capital lance un fonds de dette dédié à l’Afrique

Enko Capital lance un fonds de dette dédié à l’Afrique

La société de gestion d’actifs Enko Capital annonce le lancement d’un fonds de dette dédié à l’Afrique. Objectif : offrir aux investisseurs une exposition sur le marché de la dette africaine aux rendements élevés.

Enko Capital lance Enko Africa Debt Fund (EADF), un fonds de dette dédié à l’Afrique avec 200 millions de dollars d’actifs sous [...]

Google to ramp up Africa investment with fiber, cheaper phones

Google to ramp up Africa investment with fiber, cheaper phones

Google is scaling up investment in Africa by laying fiber optic cable, easing access to cheaper Android phones and training a workforce in digital skills as the US technology giant seeks to expand on the continent.
“We laid about 1 000 kilometers (621 miles) of fiber in Uganda and we are busy doing about 1 000 [...]

Africa Capital Digest week 13

Africa’s private equity market watchers got a jolt on Friday. Not an unwelcome one, you understand, in fact rather the opposite. The biggest transaction in some time was announced by The Carlyle Group who have agreed to acquire Royal Dutch Shell’s onshore assets in Gabon in a $587 million deal. The transaction is being executed through Assala Energy, [...]

Will Apple Bank be the first new American #Fintech Bank?

Will Apple Bank be the first new American #Fintech Bank?

On Wednesday the American Office of the Comptroller of the Currency (OCC)* followed up on its promise last December to introduce a national bank charter for Fintech bank startups by issuing a white paper on how to apply for a licence, the evaluation process and what will be involved.  It’s a massive move towards allowing Fintech firms [...]

AfDB: ‘There Has Never Been A Better Time For Africa To Attract Capital Investment’

AfDB: ‘There Has Never Been A Better Time For Africa To Attract Capital Investment’

“There has never been a better time for Africa to attract capital investment for good bankable projects from sovereign funds, global pension plans and other available capital in the financial system” said Akinwumi Adesina, president of the African Development Bank at the “Investing in Africa” conference hosted by The Wall Street Journal in London on [...]

Africa Capital Digest Week 12

If it was a big number you were looking for in Africa’s private equity world last week, Phatisa gave it to us. The private equity investor that terms itself a development equity fund manager launched the raise for Phatisa Food Fund 2, a successor fund to the African Agriculture Fund.
The 10-year fund has already got off [...]

Africa’s pay-TV market to hit US$6bn

Africa's pay-TV market to hit US$6bn

Africa’s pay-TV revenue for the year 2016 stood at US$4.4 billion and is forecast to reach US$6 billion by 2021.
This is according to market research firm Dataxis, which notes that for the year ending 2016, Africa’s pay-TV subscribers stood at approximately 18.7 million, which represents an increase of approximately two million subscribers compared to the [...]

London AI startup LoopMe secures $10m

London AI startup LoopMe secures $10m

LoopMe, a London-based artificial intelligence (AI) startup, has secured $10m in a continuation of its Series A funding round.
The firm, which uses AI in brand advertising, received funds from Impulse VC, Harbert European Growth Capital Fund (HEGC) and existing investors Holzbrinck Ventures and Open Ocean Capital.
LoopMe’s AI technology learns how people react to advertising and changes their advertising experience [...]

Africa Capital Digest Week 11

Africa Capital Digest Week 11

Fundraising news for Africa-focused or Africa-related private equity funds attracted a lot of attention last week. But then, so did news of a maiden African investment by a significant US-based private equity firm. Compared to the previous couple of weeks, there was a lot of activity to report.
Let’s start with the private equity firm and [...]