Investors
Sawari Ventures Launches $200M Fund to Boost Startups in Egypt, Kenya, and West Africa
Investors Venture Capital

Sawari Ventures Launches $200M Fund to Boost Startups in Egypt, Kenya, and West Africa

Egypt-based venture capital firm Sawari Ventures is gearing up to launch its second fund, Sawari Ventures II, in early 2025. With a target of raising $200 million, this fund aims to build on the success of the firm’s first fund and expand its reach into new sectors and regions, according to Launch Base Africa. The […]

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TOP 5 FINTECH INVESTORS FUELING INNOVATION ACROSS AFRICA 
Fintech Investors

TOP 5 FINTECH INVESTORS FUELING INNOVATION ACROSS AFRICA 

Africa’s fintech ecosystem has seen a surge in investment over the last few years, driven by a combination of technological advancements, a young population, and rising demand for financial inclusion. As a result, several key investors have stepped forward to fuel this growth, helping fintech startups scale rapidly and expand their reach across the continent.  […]

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Sterling HoldCo Finalises $50 Million Capital Raising Exercise on CBN Directive
Banking Finance

Sterling HoldCo Finalises $50 Million Capital Raising Exercise on CBN Directive

Sterling Financial Holdings Company Plc has made significant progress in its efforts to comply with the Central Bank of Nigeria’s (CBN) recapitalisation requirements for its subsidiaries, securing $50 million in fresh capital. This move, equating to approximately N75 billion, was accomplished through a private placement involving a consortium of domestic investors and ultra-high-net-worth individuals in […]

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