Deals and Investment
Airtel Says Qatar Holding LLC Will Invest $200M in its Mobile Money Business; Here’s what the Money will be Used for
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.
Read More »MPOWER Financing Announces $100 Million Equity Capital to Support Students Studying Abroad
The funding will fuel the company’s mission to make a North American education accessible to high-promise students from around the world.
Read More »CDC Group Announces $50 Million Trade Finance Facility with Ecobank
This CDC facility will support the continent’s economic recovery and is expected to generate between US$70 - $140 million in additional trade annually.
Read More »The Green Climate Fund Approves $170.9m in Co-financing for AfDB’s Leveraging Energy Access Finance Framework program
LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE) projects in six program countries.
Read More »Jiji’s Acquisition of Cars45; Here’s what we Know
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.
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