The ‘Big 5’ accounts for 85% of Africa’s private capital deals in Q3 2024, says Stears report
Private capital investment is a key driver of economic growth in Africa. In Q3 2024, South Africa, Kenya, Nigeria, Ghana, and Egypt accounted for 85% of private capital deals.
Beacon Power gets Series A funding from Partech to expand into Eastern and Northern Africa
BPS raised undisclosed funds through a Series A financing round. Partech led the funding round with participation from multiple investors.
Lendsqr expands operations into Kenya with launch of advanced loan processing platform
Lendsqr expands operations into Kenya. Introduction of an advanced loan processing platform.
OPay introduces "Large Transaction Shield" to guard against financial fraud
OPay introduces 'Large Transaction Shield' for enhanced security. Feature combines biometric verification with transaction approval.
