30 results
- 17 May 2021
PenOp Partners AVCA on Private Equity Investments
The Pension Fund Operators Association of Nigeria (PenOp) has gone into partnership with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop…
- 18 Feb 2014
African Capital Alliance (ACA) Foundation Launch
African Capital Alliance (ACA), a premier private equity firm in Africa has launched the ACA Foundation with a nation-building workshop. From inception, ACA has been committed to nation-building via…
- 15 Jul 2016
AfDB, ASEA Join Forces to Deepen Africa’s Capital Markets
The African Development Bank (AfDB) and the African Securities Exchanges Association (ASEA) have signed, a five-year Memorandum of Understanding (MoU) to amplify the impact of their strategically…
- 22 Sept 2023
Why Debt Financing is so Important for the African Business Market
By Nathaniel Nyika, Chief Investment Officer at Norsad Capital Small and medium-sized enterprises (SMEs) are the beating heart of Africa’s economies. According to the World Economic Forum, as engines…
- 7 Nov 2025
Ventures Platform, Nigerian Firm Raises another $64m
Ventures Platform, Nigerian venture capital firm has announced the first close of its second Africa-focused fund, raising $64 million of a planned $75 million. Dotun Olowoporoku, general partner; and…
- 15 Jan 2021
Understanding Private Equity and Alternative Investments
Although there are a variety of options for raising capital and attracting investors, equity is one of the two most sort after options. It allows a company to give a share of ownership of its…
- 24 Dec 2021
PenOp says Pension Industry Grows by 18% in Five Years
Nigeria’s pension industry grew by 18 per cent in the last five years, the Pension Funds Operators Association of Nigeria has said. PenOp said this in a statement titled ‘Pension funds and private…
- 10 Oct 2016
Actis $300m Investment Boosts Amaya Capital Azura Power Generation Platform
Amaya Capital, the African-focused principal investment firm is has announced over $300m of equity commitments in its power generation platform. The new investment follows the acquisition by growth…
- 21 Apr 2025
CBN, NGX Group Defend Economic Reforms at Nasdaq
In a bid to woo global capital and enhance investor’s confidence, Nigeria’s top financial leaders presented a unified front at a strategic investment forum hosted at the Nasdaq MarketSite in New…
- 8 May 2020
Vantage Capital Exits Vumatel
Vantage Capital, Africa’s largest mezzanine debt fund manager, has announced that it has fully exited its investment in Vumatel, the largest fibre-to-the-home network provider in South Africa. The…
- 2 Jun 2026
Ecobank Raises Record $450m in Nature Bond for Africa’s Biodiversity
Ecobank Group has broken new ground in sustainable finance with the launch of the world’s first International Capital Market Association (ICMA) commercial bank-issued Nature Bond on the London Stock…
- 20 Jul 2023
ASEA, ECA Sign MOU for Africa Financial Market Development, Integration
The African Securities Exchange Association (ASEA) and the United Nations Economic Commission for Africa (ECA) have announced the signing of a landmark Memorandum of Understanding (MOU), which aims…
- 29 Apr 2026
IFC, Standard Chartered Partner on Supply Chain Finance to Support African Businesses
The World Bank Group, through its private sector arm – the International Finance Corporation (IFC) – and Standard Chartered today announced a new risk sharing facility aimed at strengthening supply…
- 29 Sept 2015
Johnson Joins TLcom Capital to Open Lagos Shop, to Lead W/Africa Investments
Venture capital firm TLcom Capital (TLcom) has announced the appointment of Omobola Johnson the ex-minister of Communications in Nigeria, as a general Partner to open and head their new office in…
- 14 Dec 2009
PNN Bags Pioneering Low Energy Designs Award
Private Networks Nigeria (PNN), a leading Pan-African technology service provider has clichéd the 2009 recognition award for Selfless Service to Humanity in the area of pioneering and…
- Telecom2 Sept 2026
GITEX Nigeria 2026: Nigeria Moves to Strengthen Sovereign AI, Digital Economy
GITEX Nigeria 2026, West Africa’s technology, artificial intelligence and startup event, on Monday opened in Abuja with government officials and global technology leaders highlighting the need for digital sovereignty and indigenous innovation.
- 26 Jan 2018
IFC Uses Innovative Tool to Help Unlock $500M Investment in West Africa
Using an innovative finance tool to spur more development in low-income countries, IFC, a member of the World Bank Group, announced yesterday the completion of a $9 million investment that aims to…
- 17 Jan 2017
AfDB Appoints Nigerian Director for Energy Financial Solutions
The African Development Bank has announce the appointment of Mr. Wale Shonibare as the Director – Energy Financial Solutions, Policy and Regulation with effect from 9th January 2017. He brings with…
- 14 Jun 2013
UBA, Others Ink Agreement for OTC Market
Four settlement banks appointed by the National Association of Securities Dealers (NASD) which include United Bank for Africa UBA) Plc, Guaranty Trust Bank Plc, Access Bank Plc, and Sterling Bank Plc…
- 6 Jan 2021
AFC Secures $250m Loan from United States’ DFC
The Africa Finance Corporation (AFC) has announced that it has successfully secured a $250 million tier-2 capital loan from United States’ International Development Finance Corporation (DFC). Formed…
- 27 Dec 2023
NITDA Plans to Collapse Physical Barriers in Trade via Digital Technology
National Information Technology Development Agency (NITDA) under the auspices of the Federal Ministry of Communications, Innovation, and Digital Economy is working to collapse the physical barriers…
- 3 Apr 2020
AfDB Celebrates Milestone with First Social Bond Listing on London Stock Exchange
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange on Friday 3 April 2020, and is now…
- 14 Apr 2020
54gene Closes $15M Series A
54gene, the African genomics research, services, and development company has closed a Series A round of $15M, led by Adjuvant Capital, a life sciences fund backed by the International Finance…
- 22 Jun 2021
Investing in Africa’s Value Chains as a Catalyst for the Post-pandemic Recovery
By Stephen Barnes As Africa looks to rebuild in the aftermath of COVID-19, corridor financing and investing in productive infrastructure will be key to economic recovery and sustained growth across…
- 13 May 2014
Ekweremadu, Johnson for 2014 Digital Africa, World Electronics Forum
Senator Ike Ekweremadu, deputy president of the Senate and Mrs. Omobola Johnson, minister of Communication Technology, will lead other delegates to this year’s Digital Africa Conference &…
- 24 Jun 2024
Outdated Tech Holding Back Innovation in Organizations
A new report by a leading global IT infrastructure and services company, NTT DATA has revealed that 80 per cent of organizations have agreed that inadequate or outdated technology is holding back…
- 1 Jan 2013
Starcomms Shareholders Okay Capcom’s Take Over
Shareholders of Starcomms Plc at the weekend endorsed the re-organisation of its Share Capital structure as part of the requirements for its acquisition by Capcom, a special purpose vehicle created…
- 28 Jul 2025
InfraCredit, AMDA Sign Partnership to Unlock Local Financing for Africa’s Mini-grid Sector
InfraCredit, a specialised infrastructure credit guarantee institution, has entered into a strategic partnership with the Africa Minigrid Developers Association (AMDA) to boost access to long-term…
- 28 Jan 2017
Ojobo is The Authority Newspaper Public Affairs Spokesperson of the year 2016.
Mr. Tony Ojobo, director of Public Affairs (DPA) of the Nigerian Communications Commission (NCC), has been named the most outstanding Public Affairs Spokesperson of the year 2016 by the…
- 7 Jul 2017
ACT Foundation Leads Discussions On Partnership Among NGOs
The sustainability of Social Enterprise Sector in Nigeria, depends largely, on partnership among the Non Governmental Organisations (NGOs), said speakers during Aspire Coronation Trust (ACT)…