Archive for July 2017

Africa Capital Digest Week 29

Africa Capital Digest Week 29

There were, for Africa, some big numbers flying about last week for private equity deals. Only one concerned a direct investment of capital, however, while the others related to deals that had been done or are about to be done.
Milost Global, a New York-based private equity firm with $25 billion in committed capital, agreed to [...]

Télécoms et digitalisation, le grand gâchis africain ?

Télécoms et digitalisation, le grand gâchis africain ?

Vantée depuis des années pour sa vitalité et sa croissance exponentielle, les télécoms en Afrique sont à la croisée des chemins. Partagée entre grands opérateurs qui cherchent à consolider leurs marges et régulateurs souvent en panne de vision, la digitalisation de l’Afrique et la nécessaire démocratisation de l’accès au réseau souffre désormais d’un sous-investissement chronique. [...]

Africa Capital Digest Week 28

Africa Capital Digest Week 28

This week, we’re starting with some interesting fund news. Yeelen Capitalannounced that has held a €30 million initial close for the Yeelen Financial Fund, a new private equity investment vehicle fund focused on opportunities in the financial services sector in the WAEMU region.

Yeelen was selected by the West African Development Bank earlier this year to raise, [...]

The Battle of Fintech vs Cybercrime

The Battle of Fintech vs Cybercrime

Bitcoin is now worth more than gold, and internet banking and mobile money usage globally has rocketed by 34% in the past six years. One thing has outpaced this growth, however: the rate of online fraud.
“Cyber fraud is growing even faster than the move to digital. According to the FBI, losses from online fraud have [...]

London reinforcing its grip on being the ‘tech capital’ of Europe as record amount of start-up investment flows in

London reinforcing its grip on being the 'tech capital' of Europe as record amount of start-up investment flows in

More than £1.1billion was handed to technology startups from January to June
UK companies received more investment than Germany and France combined
London has received more than twice as much funding as German capital Berlin

By CHARLIE MOORE FOR THISISMONEY.CO.UK
PUBLISHED: 10:52 BST, 5 July 2017 | UPDATED: 11:01 BST, 5 July 2017

Post Brexit vote London has reinforced its [...]