May 2023 – Africa Capital Digest

News Ticker

[ October 15, 2026 ] Cascador and Sterling Bank Launch US$200m Credit Backstop Fund for Nigerian SMEs Debt
[ October 11, 2026 ] Old Mutual Private Equity Sells MoreCorp to RMB Ventures Deals
[ October 11, 2026 ] Infinite Partners Closes Core Equity Fund II Above Target Funds
[ October 11, 2026 ] PIDG’s InfraCo Leads Equity Portion of East Africa Foods’ $40M Capital Raise Deals
[ October 11, 2026 ] Proparco adds US$20 million to Frogfoot, Vox and Hypa recapitalisation Deals

TymeBank raises $77.8mln from investors in pre-Series C round

Al Ahly Capital leads expansion deal for Egyptian outpatient clinic chain

European DFIs back low carbon venture fund’s first close

Amethis pulls off second deal for Africa Europe Expansion Fund

QED Investors closes two global fintech funds with almost $1bln

Funds managed by Metier and Norrsken22 evaluated for commitments

Equator Capital acquires minority stake in Kenyan bank

EIB mulls investment in Mirova’s blended finance debt fund

Weekly Wrap, May 22nd, 2023; M-KOPA’s record debt/equity raise, RMB Ventures’ deal for Mafika, SA SME Fund’s VC Fund-of-Funds close, and more…

M-KOPA raises $250mln in a mix of equity and debt

Copyright 2014-2023 Rowayton Press, LLC