Corporate deals
Mergers and Acquisitions, deal making, takeovers
DEAL: CinetPay raises $2.4 million in seed round co-led by Flutterwave and 4DX Ventures
CinetPay, a digital finance platform that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a...
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Equinix is acquiring Nigeria’s MainOne for $320 million as it expands into Africa
Equinix, the world’s digital infrastructure company announced today that it is acquiring MainOne, a West African data centre and connectivity...
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DEAL: Sendchamp raises $100,000 to bridge communications gap for African businesses
SendChamp, a Lagos-based unified communications startup has raised $100,000 to bridge the communications gap for African businesses. The close of...
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DEAL: African Blockchain Lab secures $6 million to improve digital asset adoption in Africa
African Blockchain Lab, ABL, has raised $6 million in a series pre-A investment to fund the launch of its crypto...
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DEAL: TradeDepot raises $110 million to extend ‘Buy-Now-Pay-Later’ to retailers across Africa
TradeDepot, the leading B2B eCommerce and embedded finance platform in Africa has raised $110 million in an equity and debt...
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DEAL: Nigeria’s Mouka Foam acquired by Moroccan company, Dolidol, in $60 million deal
Investment firm, Development Partners International (DPI), has announced the signing of Dolidol’s acquisition of Mouka, owners of Mouka Foam making...
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DEAL: Octamile, digital Insurtech startup, raises $500,000 in pre-seed round
Octamile, an Insurtech company enabling insurers and non-insurance businesses to protect African consumers from financial losses, has raised $500,000 in...
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Public Offer: MTN to sell 575 million shares to retail investors at N169/share
MTN Nigeria has revealed that it will commence the widely anticipated public offer of its 575 million shares from tomorrow...
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Leaf Investment acquires 15% shares in Oando Plc
Leaf Investment & Realtors Limited has acquired15.83% shares in Oando Plc. This follows the purchase of 1,968,452,614 units of Oando...
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Parthian Partners redeems first tranche of debut N20 billion Commercial Paper
Parthian Partners Limited, Nigeria’s foremost inter-dealer brokerage firm, has announced the successful maturity and redemption of its debut Series 1...
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