South Africa
TMT
Digital bank Tyme gets $150 mn from Brazil's Nubank, enters unicorn club
Brazilian digital bank Nubank said on Monday it has invested $150 million in Tyme Group, a Singapore-based digital bank backed by China's Tencent with 15 million customers ......
Finance
South African PE Sanari Capital marks final close of second fund, stops short of hard cap
Sanari Capital, a South African private equity firm that focuses on mid-market growth companies in Sub-Saharan Africa, has marked the ......
TMT
Ethos PE spinout Infinite Partners set to acquire fibre infra firms
Infinite Partners, a South Africa-based mid-market private equity firm spun out from Ethos PE, is set to acquire a slew ......
Infrastructure
MENA Digest: Prypco leads funding this week; Pargo, invygo, Mala also raise capital
The Middle East and North Africa region saw key funding announcements this week, led by UAE-based proptech startup Prypco, which ......
Infrastructure
RMB Ventures, Capitalworks to monetise 11-year-old consortium deal
RMB Ventures, the private equity arm of Africa’s largest financial services group FirstRand Bank, is likely to exit its over-a-decade-old ......
Finance
South African lender Investec opens office in Dubai's financial centre
South African lender Investec has opened an office in the Dubai International Financial Centre (DIFC), it said on Wednesday, in ......
TMT
South Africa's Sanlam PE set for a bolt-on deal to acquire HR platform
South African financial services firm Sanlam’s private equity arm is set to seal a bolt-on acquisition, with its fintech portfolio ......
Infrastructure
South African PE Metier strikes seventh bet from sustainability-focused fund
Metier, an Africa-based private equity firm that backs growth-stage companies in Sub-Saharan Africa struck its seventh bet from its renewable energy ......
Consumer
South African PE firm Metier set to strike fourth deal from new fund
Metier, a South African private equity firm that backs mid-market companies in Sub-Saharan Africa, is set to acquire a maize ......
Healthcare
South African PE Summit Africa set to expand healthcare portfolio
Summit Africa, a South Africa-based alternative investment firm that backs small and medium enterprises across the country, is set to ......