Deals and Investment

The best African countries to invest in have been historically evaluated by investors according to the pillars of economic activity and the operating environment for businesses. Presently, the methodology for the best African countries to invest includes a higher level of sophistication, taking into consideration crucial aspects such as operating…

Warren Buffett has made over $112 billion following the rise of Apple shares to $3 trillion market cap. The 91-year-old billionaire’s out-of-character bet on Apple could turn out to be one of his most profitable investments as the tech giant surpassed yet another record this week.  The world’s ninth richest…

As we approach the end of the year, the number of African venture capital firms raising funds continues to rise. In the most recent development, Ventures Platform, based in Abuja and Lagos, has announced the first closing of its $40 million pan-African fund. Ventures Platform is an African early-stage investment…

South African fintech company JUMO, has secured $120 million in funding. This new round was led by Fidelity Management and Research Company. According to The New York Times, the JUMO is now worth $400 million. Fintech giant Visa and London-based investment management firm Kingsway Capital also took part in the…

Built on an API infrastructure, Kuda Bank is a neobank which specialises in offering personalised and mobile-first banking services to millennials and other young professionals. 

Business Elites Africa understands that Qatar Holding LLC intends to invest the money through a secondary purchase of shares in AMC BV from Airtel Africa Plc.

The funding will fuel the company’s mission to make a North American education accessible to high-promise students from around the world.

This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 - $140 million in additional trade annually.

LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE) projects in six program countries.

Jiji, which is arguably one of Africa's largest marketplaces for classified ads, announced the acquisition in a statement that was seen by Business Elites Africa.