Deals
Two-year-old Trella scoops $42mln for Series A
Cairo-based trucking app Trella wrapped up its Series A round last week, landing a total […]
Month: June 2021
Debt
IKEA and Rockefeller Foundations to launch renewable energy platform
Last week, two foundations announced a joint plan to launch a significant renewable energy platform […]
Deals
Amethis and Phatisa in “advanced discussions” to buy Animal Health
A market update issued by Ascendis Health last week revealed that the JSE-listed company is […]
Deals
Adenia buys control of Herholdt’s for first South African deal
Adenia Partners has made its first deal in South Africa, buying a majority stake in […]
Deals
Kibo Capital realizes first exit for second private equity fund
Kibo Capital Partners has sold the stake held in Rwanda’s second-largest bank by the private […]
Job Changes
Jongeneel to start as FMO’s new CEO in September
Dutch development bank FMO has settled on a new permanent CEO, replacing Peter van Mierlo […]
Debt
FMO mulls additional investment in Symbiotics-managed REGMIFA
Having backed The Regional MSME Investment Fund for Sub-Saharan Africa (or REGMIFA) when it launched […]
Job Changes
Africa50 hires RMB’s Moremong as COO
Starting this Thursday, Africa50 will have a new Chief Operating Officer. The Casablanca-headquartered development finance […]
Deals
Belgian DFI supports I&P’s investment in XpressGas
Belgium’s development finance institution BIO is investing debt in XpressGas, a distributor of Liquefied Petroleum […]
Job Changes
Lendable adds Spengler to company’s board
There’s been a fresh shift addition to the senior ranks of Lendable‘s leadership last week […]