Thursday, 7 August 2014

New crowdfunding platform for startups launched








"Jumpstart Africa has launched a new funding platform built specifically for Africa that offers capital for projects and initiatives, startups and small businesses...."

http://www.smesouthafrica.co.za/funds/new-crowdfunding-platform-startups-launches/ 

New equity fund targets SMEs


scent, a Kenyan private equity firm, has raised Sh4.3 billion ($50 million) for investment in growth enterprises across Eastern Africa. The company management said the money will be invested in 12 fast-growing small and medium companies in Kenya, Uganda and Ethiopia.
Read more at: http://www.standardmedia.co.ke/business/article/2000129280/new-equity-fund-targets-smes



"Ascent, a Kenyan private equity firm, has raised Sh4.3 billion ($50 million) for investment in growth enterprises across Eastern Africa.
The company management said the money will be invested in 12 fast-growing small and medium companies in Kenya, Uganda and Ethiopia...."

 http://www.standardmedia.co.ke/business/article/2000129280/new-equity-fund-targets-smes

Is the influx of Private Equity investment good for Africa?








http://afkinsider.com/64627/influx-private-equity-investment-good-africa/
Private equity investment on the African continent grew significantly in the past decade, and more and more new entrants are targeting the market. The trend garnered more attention this year with the notable arrival of Kolberg Kravis & Roberts, which made its first investment on the continent, and Carlyle Group’s closing of its first African fund. - See more at: http://afkinsider.com/64627/influx-private-equity-investment-good-africa/#sthash.vAx0i5tu.SRU0sfJJ.dpuf








Private equity investment on the African continent grew significantly in the past decade, and more and more new entrants are targeting the market. The trend garnered more attention this year with the notable arrival of Kolberg Kravis & Roberts, which made its first investment on the continent, and Carlyle Group’s closing of its first African fund. - See more at: http://afkinsider.com/64627/influx-private-equity-investment-good-africa/#sthash.vAx0i5tu.SRU0sfJJ.dpuf
Private equity investment on the African continent grew significantly in the past decade, and more and more new entrants are targeting the market. The trend garnered more attention this year with the notable arrival of Kolberg Kravis & Roberts, which made its first investment on the continent, and Carlyle Group’s closing of its first African fund.  - See more at: http://afkinsider.com/64627/influx-private-equity-investment-good-africa/#sthash.vAx0i5tu.SRU0sfJJ.dpuf
Private equity investment on the African continent grew significantly in the past decade, and more and more new entrants are targeting the market. The trend garnered more attention this year with the notable arrival of Kolberg Kravis & Roberts, which made its first investment on the continent, and Carlyle Group’s closing of its first African fund.  - See more at: http://afkinsider.com/64627/influx-private-equity-investment-good-africa/#sthash.vAx0i5tu.SRU0sfJJ.dpuf

AfricInvest Group partners with FMO, MicroVest II, LP & Finnfund to form SFC Finance









"AfricInvest, along with FMO, MicroVest II, LP and Finnfund, is delighted to announce the creation of SFC Finance, a lender to African small and medium enterprises (SMEs). SFC Finance will commence operations with committed shareholders’ equity of $20 million and an initial $50 million debt facility extended by the Overseas Private Investment Corporation (OPIC). Final arrangements for both the shareholders’ equity and the debt were concluded on April 30, 2014...."

 http://www.avca-africa.org/africinvest-group-partners-with-fmo-microvest-ii-lp-finnfund-to-form-sfc-finance/