Moza Banco scooped the prestigious "Deal of the Year 2019 for Restructuring in Africa" Award. This award aims to recognise the best financial restructuring operation of the year across Africa and is organised by The Banker Magazine, a prestigious international
On the 24th June, Equity signed up to the Young Africa Works - Kenya; a public private partnership between the Kenya Government, Mastercard Foundation and the private sector. The transformative and holistic program funded by Mastercard Foundation to the tune
Dfcu in partnership with Monitor Publications Limited’s (MPL) flagship brand Daily Monitor and the Uganda Investment Authority-UIA, have launched the second edition of the Rising Woman initiative under their Women in Business (WiB) Program. The initiative, which was started last year
Access to finance is one of the major barriers for female entrepreneurs in emerging markets. 1 billion women remain outside the formal financial system and 80 per cent of women-led micro, small and medium enterprises are either unserved or underserved.
Norfund is pleased to announce the appointment of Ms Olaug Svarva as the chair of the Norfund Board. Ms Svarva succeeds Ms Kristin Clemet, who stepped down in June after serving a 12-year board tenure. Ms. Svarva was the Chief Executive
In May the second close of the recently announced series C investment led by Bertelsmann brought the total capital raised by AgroStar to $27 million. Along with RFV, Bertelsmann and its existing investors Accel, Chirate Ventures and Aavishkar Bharat Fund
Arise hosted its 3rd Annual Investment Conference in Cape Town from 18 - 19 February 2019.The aim of this annual event is to provide a collaborative platform to facilitate knowledge exchange and information sharing amongst key industry roleplayers in the
Arise is pleased to announce that we have received approval from the Central Bank of Mozambique to acquire a stake in Moza Banco, a locally owned bank. Arise is set to acquire a 29,5% stake through a subscription of new shares. According to
Arise is committed to investing in Africa’s local prosperity through increasing financial inclusion, strengthening rural development and alleviating poverty. We believe that people with great ideas will contribute to the prosperity of their country. We want everyone in Sub-Saharan Africa to
Since inception in February last year, Arise has delivered on its mandate of promoting financial inclusion in Africa and celebrated a record first year of operations with a profit of USD 53 million. Arise also grew its investment portfolio to
