News

FSD Africa today announces the signing of co-operation agreements with AVCA, EAVCA, SAVCA and PEVCA to coincide with the launch of the Africa Private Equity and Private Debt Programme. The programme is a new initiative to support the development of private capital markets in Africa as a complement to public capital markets. It will work to improve the long-term financing options available for businesses across key sectors in Africa’s economy, including healthcare, climate and agriculture.

Sahel Capital, fund manager for the Fund for Agricultural Finance in Nigeria (“FAFIN”), is pleased to announce the appointment of

Verod Capital Management Limited (“Verod” or “Verod Capital”) today announced the completion of the acquisition of 100% of AXA Mansard

Verod Capital Management Limited (“Verod”), a leading West African private equity firm, today announced the hiring of Wale Odusanya as

Headquartered in Addis Ababa, Ethiopia since its inception in 2016, Gebeya has been committed to building the next generation workforce pipeline for a virtual 21st-century African Digital economy. Gebeya has graduated over 600 tech talents, more than a third of whom have been matched with startups across Africa and the World. From E-commerce and Telecommunication to Finance, Gebeya has built a reputable

Headquartered in Addis Ababa, Ethiopia since its inception in 2016, Gebeya has been committed to building the next generation workforce pipeline for a virtual 21st-century African Digital economy. Gebeya has graduated over 600 tech talents, more than a third of whom have been matched with startups across Africa and the World. From E-commerce and Telecommunication to Finance, Gebeya has built a reputable

ABUJA 15 January 2020 –VerifyMe Nigeria, an ID verification and KYC technology company, announced today it has secured a Series A financing for an undisclosed amount from Consonance Investment Managers.
The funds will be used to expand strategic partnerships and bring new digital ID verification products to market.

African Capital Alliance (“ACA”) today announced the sale of Cornerstone Tower, an A-grade office building in Lagos, to a strategic investor. ACA’s pioneer Real Estate Fund, Capital Alliance Property Investment Company (“CAPIC”) made the investment in partnership with Cornerstone Insurance Plc. and Fin Insurance.

African Capital Alliance (“ACA”) today announced the sale of Cornerstone Tower, an A-grade office building in Lagos, to a strategic investor. ACA’s pioneer Real Estate Fund, Capital Alliance Property Investment Company (“CAPIC”) made the investment in partnership with Cornerstone Insurance Plc. and Fin Insurance.

Verod Capital Management Limited (Verod) is pleased to announce, via its sophomore fund, Verod Capital Growth Fund II LP (Fund II), that it has completed an agreement and received regulatory approvals to fully exit its ownership of UTL Trust Management Services Limited (“UTL”, formerly Union Trustees), a Nigerian trust company based in Lagos.