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April 26, 2024
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Category: Nigeria

Africa Africa soars to record $5.2bn of annual VC investment, more than previous seven years combined

Africa soars to record $5.2bn of annual VC investment, more than previous seven years combined

Africa's ongoing rise as a startups superpower received a massive boost last year with $5.2bn of venture capital investment - more than the previous seven years combined, new research shows. The post Africa soars to

Abraaj Actis sells Nigerian mattress maker Mouka for the second time, deal worth about $70m

Actis sells Nigerian mattress maker Mouka for the second time, deal worth about $70m

Emerging markets investor Actis has scored an exit of Nigerian mattress and bedding product maker Mouka to Moroccan trade buyer Dolidol in a deal worth about $70m. Actis originally invested in Mouka way back in 2007, before

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