Author: Elan

Quinton Zunga, CEO of RH Managers ** For the best experience, download the free Africa Private Equity News app Android | iOS **RH Managers, a Johannesburg-based private equity firm, in partnership with the Small Enterprise Development Finance Agency (Sefda), has launched a R75 million ($4.48 million) fund to support private medical professionals, expand access to quality healthcare in underserved communities, and help address the persistent underemployment of doctors in South Africa.The Doctor SME Fund is aimed at early- and growth-stage doctor-led healthcare businesses operating in underserved urban and peri-urban communities.The fund provides senior debt financing of up to R1 million…

** For the best experience, download the free Africa Private Equity News app Android | iOS **We highlight five African private capital transactions, as featured in our February 2026 Dealmaker’s Log, a database of reported investment deals, exits, and fundraising milestones. Subscribe to this service here1. Harith moves to buy South African low-cost airline FlySafairHarith and its affiliates have entered into a sale and purchase agreement to acquire FlySafair, a South African low-cost airline. Founded in 2006, Harith is a Johannesburg-based pan-African investment firm with over $3 billion in assets under management. It focuses on sectors including energy, digital connectivity,…

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Blue Owl Capital’s OBDC II fund permanently halted redemptions in February. The firm replaced quarterly tenders with return-of-capital distributions funded by loan repayments and asset sales, committing to return roughly 30% of net asset value within 45 days.Blue Owl also announced plans to sell $1.4 billion of assets across three credit funds to generate cash and pay down debt.This isn’t a Blue Owl problem, but a private credit structure problem under stress at scale.Manager / vehicleWhat investors asked for (redemption pressure)What the fund did (gate vs raise cap)How cash was raisedWhat it signalsBlue Owl Capital — OBDC IIRedemption requests exceeded…

Google has expanded language support for its AI-powered Search features in Nigeria, adding Yorùbá and Hausa to its AI Overviews and AI Mode tools. The update allows users to interact with AI-powered Search in their native languages, enabling quick summaries of information and more conversational ways to explore the web. According to Google, the rollout is part of a broader push to make artificial intelligence more inclusive across Africa. With the addition of Yorùbá and Hausa, the company now supports 13 African languages across its AI Search features. Across Africa, the AI features now support Afrikaans, Akan, Amharic, Hausa, Kinyarwanda,…

Joe Maring / Android AuthorityTL;DR T-Mobile is adding a new warning for customers that switching to some of the new plans will result in the loss of promotions. While this is a step in the right direction, there’s arguably a need for even greater transparency here. It would be great to get a warning that more prominently highlights what you’re losing specifically, and the changes in taxes and fees. All of this sounds great on paper, but there’s a problem. T-Mobile also removed taxes and fees from all of its newer plans. Not only this, some of its speciality offers…

Teenage pregnancy, low birth weights, and high neonatal mortality plague the areas around Beaufort West and Laingsburg The Western Cape Municipal Economic Review and Outlook was tabled in the provincial Parliament on Thursday. The province is able to boast some economic growth against strong national and international headwinds, along with the lowest unemployment rate in the country. However, health and economic indicators in rural, and in some cases politically unstable, areas of the province are concerning. Out of all district municipalities in the Western Cape, the Central Karoo scores worst on almost all indicators in the latest Municipal Economic Review…

African agricultural technology startups raised less than $170 million in 2025, marking the first time since the sector began tracking investments that both funding volumes and deal activity declined in the same year, according to the State of Agtech Investment in Africa 2025 report. The report published by Briter shows that total funding into African agtech fell by nearly 20 percent from more than $200 million recorded in 2024, while the number of deals dropped by around 10 percent. The downturn extends a broader correction from the sector’s peak in 2022. This slowdown contrasts with the wider African startup ecosystem,…

Nairobi — The World Bank has committed $500.00 million (64.6billion) to transform the Nairobi Metropolitan Area (NMA) mobility landscape. According to the Bretton Woods institution, the financing will support the upgrade of the 57 km Nairobi Central-Thika commuter rail into a modern urban rail system, improve safety, and create jobs. “The project aims to transform the Nairobi Metropolitan Area (NMA) mobility landscape by upgrading the commuter rail into a modern urban rail system, reforming the institutional framework for urban transport, and supporting integrated land use planning around stations.” The project, which is still at the concept review stage, is expected…

SoFi Technologies has selected digital asset custodian BitGo to support the rollout of its bank-issued stablecoin, the latest sign of growing momentum around federally regulated stablecoins for payments and settlements.Under the partnership, BitGo will provide stablecoin infrastructure services for SoFiUSD, a US dollar-pegged token issued by SoFi Bank, a nationally chartered and insured depository institution, the companies disclosed Thursday. The arrangement will run through BitGo’s “stablecoin-as-a-service” platform, which will support the issuance of SoFiUSD and help connect the token with payment providers, market participants and cryptocurrency exchanges.SoFi said SoFiUSD is the first stablecoin issued by a US nationally chartered and insured…