Browsing: Venture Capital

Winners of the 2020 edition of the Private Equity Awards Africa are set to be announced on 19 November 2020. There are 19 African focused private equity firms in the running for the house of the year position.

In the previous year’s awards, the house of the year award went to Development Partners International, a firm that manages over US$1.6 billion in pan-African private equity.

Several other subcategories will rate private equity firms in terms of deal size, the exit of the year, debt and infrastructure, and a portfolio company of the year. The competition also includes a category for the best advisors and fund administrators. 

The London Business School Private Equity Institute in conjunction with the private equity awards advisory panel will make recommendations for the deserving winners.

The ultimate winners will be chosen by an autonomous panel of judges which comprises some of the …

Nigeria has a rich venture capital environment and in our new reality, startups will need to adapt to fund themselves. Fabio Scala from FurtherAfrica spoke to Aderonke Alex-Adedipe, a partner of Pavestones Nigeria to understand how the upcoming regulations will impact the market, particularly in regards to crowdfunding platforms and the eligibility and limitations companies may see in effect once the crisis is over.…

In anticipation of an extreme business environment brought about by the Coronavirus, various players in the African region are rolling out rescue plans for businesses. Economists have voiced their concerns of an extremely difficult economic situation and have urged players to brace for a rough 2020.

Heeding such calls is EquaLife Capital, the East African based fund managers which has announced plans to roll out a $20MM Africa Venture Debt Relief Fund by April 15th for venture businesses starting with a preliminary focus on the East African region.

“The Relief Fund is created and structured by entrepreneurs for entrepreneurs as we understand the need to act quickly to ensure businesses can survive, and then thrive again, minimizing impact and economic development opportunity lost to unforeseen business cycle pressures,” a statement calling for international venture capitalist read.

“The Relief Fund will provide short-term debt on concessional venture debt terms by utilizing …