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Nigerian-born mobility fintech startup Moove gets debt funding for India expansion

TMT

14 February, 2024

Nigerian-born mobility fintech startup Moove gets debt funding for India expansion

Moove, a Nigerian-born mobility fintech startup, said Wednesday it has raised $10 million (about Rs 83 crore at current exchange ......

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LeapFrog-backed African financial services firm finds a strategic buyer

Finance

25 January, 2024

LeapFrog-backed African financial services firm finds a strategic buyer

Emerging markets-focused private equity and impact investment firm LeapFrog Investments has found a strategic buyer for one of its African financial services ......

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Nigerian SWF teams up with two tycoons, PE-style firm to build multipurpose arena

Infrastructure

10 January, 2024

Nigerian SWF teams up with two tycoons, PE-style firm to build multipurpose arena

The sovereign wealth fund of Nigeria has joined hands with two local business tycoons and a private equity-style firm to ......

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Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

TMT

18 October, 2023

Verod Capital, AfricInvest pick up majority stake in iSon Xperiences

African private equity firms Verod Capital and Africinvest have partnered to acquire a majority stake in business process outsourcing (BPO) ......

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Exclusive: Actis set to revisit a real estate asset in West Africa

Infrastructure

23 June, 2023

Exclusive: Actis set to revisit a real estate asset in West Africa

Alternative investment firm Actis is close to striking a deal in West Africa that would see it return to an ......

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Exclusive: Gender-lens fund Aruwa Capital set to ink FMCG deal

Consumer

07 June, 2023

Exclusive: Gender-lens fund Aruwa Capital set to ink FMCG deal

Aruwa Capital Management, a Lagos-based early-stage growth equity and gender-lens investment firm that has announced at least seven investments to ......

Africa venture capital investments fall a tad in 2022 but defy global slump

TMT

20 April, 2023

Africa venture capital investments fall a tad in 2022 but defy global slump

Venture capital investments in Africa dipped slightly to $6.5 billion last year but avoided the sharp drop seen in most ......

Should Opec's decision to cut crude oil production worry India?

General

29 September, 2016

Should Opec's decision to cut crude oil production worry India?

On Wednesday, the Organization of Petroleum Exporting Countries (Opec), a cartel of 14 oil producing and exporting nations, decided to ......