Author: Elan
** For the best experience, download the free Africa Private Equity News app Android | iOS **DEG Impact, a subsidiary of German development finance institution DEG, is launching a new private equity fund-of-funds. The industry magazine Portfolio Institutionell has published a detailed feature on the plans for the Global Growth Guarantee Fund (3xG Fund). The article outlines how the fund is intended to facilitate institutional investors’ access to high-growth markets in developing and emerging economies.The 3xG Fund is a private equity fund-of-funds that invests in selected target funds in emerging markets. These, in turn, provide capital to fast-growing local companies.…
Aions Ventures has launched a R100m seed fund aimed at supporting early-stage South African technology startups and helping businesses bridge the funding gap between initial traction and larger growth-stage investment rounds.The new fund, Aions Seed Fund I, combines R60m from the High Impact Seed Fund of Funds (HISFoF) and a further R40m committed by the Technology Innovation Agency (Tia).Addressing a funding bottleneckAccess to capital remains one of the biggest challenges facing South African startups, particularly those that have moved beyond the idea stage but are not yet ready to attract large-scale investment.While later-stage funding often attracts the bulk of venture…
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As a retail investor in Africa, buying cryptocurrencies such as Bitcoin has become more accessible through apps and peer-to-peer marketplaces.Users can buy digital assets through crypto apps after completing identity checks and funding their accounts, or trading directly with other users on peer-to-peer platforms. For institutional investors such as pension funds, asset managers, and insurers, the process has been far more complicated. The rules for institutional investment in digital assets in Africa are either unclear or restrictive, or require fund managers to hold virtual asset licences. Even if these funds are allowed to buy digital assets directly from regulated exchanges, they…
African startups raised $3.499 billion across 275 funding rounds in 2025, yet women entrepreneurs continue to receive only a fraction of the capital inflow. Despite the growing demand for financial inclusion over the past decades, access to growth capital remains one of the biggest obstacles facing women-led businesses today. Many female founders still face significant barriers to accessing venture capital, affordable credit, mentorship, and the strategic networks that often influence investment decisions. To address this, a new generation of women leaders is working to change that reality. From venture capital firms and private equity funds to fintech platforms, angel investment…
TL;DR Cash App has launched Cash App Tags, NFC payment accessories linked to the Cash App Card. The first model is the Cash App Wand, a $25 pearlescent keychain available in limited supply. It works anywhere Visa tap-to-pay is accepted and can be locked or deactivated in the app. Cash App has apparently looked at the simple act of tapping to pay and decided it needed a little more theater. The company has launched Cash App Tags, which are NFC-enabled payment accessories linked to the Cash App Card. The first one isn’t a subtle bracelet or sleek belt buckle —…
Breaze Delivery founders Avi Maja (left) and Braden Snyman** For the best experience, download the free Africa Private Equity News app Android | iOS **The Vumela Enterprise Development Fund, established by FNB Business Banking and fund manager Edge Growth, has invested R20 million ($1.23 million) in Breaze Delivery, a South African logistics and delivery platform. This investment will support the company’s next phase of growth and expansion, including the scaling of its technology platform, extension of its driver network, and broader geographic growth to meet rising demand from SME customers and retail partners. Founded in 2021 by entrepreneurs Avi Maja…
The Rwanda Development Board (RDB) on Thursday, June 4, ordered the temporary closure of four hospitality establishments across the country following inspections that found violations of tourism and hospitality requirements. The establishments are Century Park Hotel and Residences Kigali, Dove Luxury Hotel in Gicumbi District, Highland Resort Ltd in Rulindo District and Nengo Eden Park Hotel in Rubavu District. RDB said the affected establishments had failed to meet applicable standards relating to licensing, hygiene, food safety, security, service quality, operational procedures, and other regulatory requirements. ALSO READ: RDB calls for business compliance to avoid fines and penalties Follow us on…
Canal+ rose in its Johannesburg Stock Exchange debut after the French media group completed its acquisition of MultiChoice, giving South African investors exposure to the enlarged pay-TV and streaming company. The stock climbed to R58.50 in early trading, above the reference price based on its London-listed shares. Canal+ has a market value of about £2.5 billion and becomes the first French company to trade on the JSE’s main board. The secondary listing gives Canal+ a rand-based market value of about R57.7 billion, large enough to enter the FTSE/JSE Top40 Index. Its inclusion will remove Mr Price Group from the gauge.…
In brief Ethereum dropped 8% today alone, crashing through the $2,000 psychological support zone and hitting an intraday low near $1,814. On Myriad, traders are now betting ETH reaches $1,500 before it bounces back to $3,000—a probability that surged nearly 25% in recent weeks. The charts back the bearish bet: RSI is in bear territory, the Squeeze Momentum Indicator just fired a bearish signal, and there’s no meaningful support between $1,700 and the $1,400–$1,500 range. If you’ve been tracking crypto prices over the last couple days, you already know the broader picture: the market is getting hammered. Bitcoin cratered below…