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Why BII and ILX’s First Joint Deal Signals Growing Institutional Interest in Development Finance
British International Investment (BII) and ILX have completed their first joint transaction, a US$15 million investment to expand access to finance for small and medium-sized enterprises (SMEs) and agricultural…
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How Nedbank Is Positioning for Stronger Credit Demand in 2026
Nedbank has projected solid credit growth for 2026, anticipating an acceleration driven by early improvements in South Africa’s economic outlook. During the release of the bank’s 2025 financial year…
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Why MTN MoMo Is Prioritising Interoperability Across African Markets
MTN Group’s mobile money arm, MTN MoMo, is deliberately transitioning from a closed wallet system toward an open financial ecosystem. This strategic evolution, actively underway across 14 African markets,…
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Launch of First AI-Enabled Real-Time Monitoring of Electric Fleets Across Africa
Kenyan electric mobility manufacturer Roam has launched a vehicle intelligence platform aimed at solving visibility, one of the most overlooked challenges in Africa’s electric mobility transition. The system, called…
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Can $1.1 Million Accelerate Weego’s Regional Ambitions?
Weego has secured US$1.1 million in funding led by Azur Innovation Fund, with the round announced in mid-February 2026. The capital will support expansion into additional Moroccan cities, strengthen…
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How Standard Bank Structured an USD 130 Million Dual-Currency Facility for Tharisa Minerals
Standard Bank has acted as co-mandated lead arranger and lender in a dual-currency facilities package equivalent to USD130 million for Tharisa Minerals. The financing, finalised in February 2026, supports…
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How GoTyme Bank Is Phasing Out Pick n Pay Kiosks to Launch Mall-Based Customer Hubs
GoTyme Bank has outlined a deliberate evolution in its retail distribution strategy. Over the next two years, the bank will progressively retire its kiosk network within Pick n Pay…
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Can Bidvest Execute a Faster Sale Following the Access Bank Termination?
Bidvest Group has relaunched the sale process for its discontinued banking subsidiary, Bidvest Bank, following the termination of the previously agreed transaction with Access Bank Plc. The original deal,…
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How Hlayisani Capital Secured R500 Million for Its Second Venture Fund
Hlayisani Capital has officially launched Hlayisani Venture Fund II (HVF II), securing initial commitments of R500 million (approximately US$31 million). The fund, announced in February 2026, is anchored by…
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How a €6.5 Million Commitment to Saviu II Strengthens Seed-Stage Funding
The African Development Bank Group has approved an investment of €6.5 million in Saviu II, the second investment vehicle of Saviu Partners. The commitment, approved by the Board of…
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