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AutoXpress Receives Equity Investment from Actis

AutoXpress, an East Africa-based tyre wholesaler and retailer, received a 36% equity investment from global emerging market investor Actis. The amount of the transaction was...

Kopo Kopo Receives Investment from Accion

Kopo Kopo (The name comes from kobboh kobboh, the Krio word for money), a Nairobi, Kenya-based mobile money merchant services platform, received an investment...

LeapFrog Investments Holds Initial Close for Second Fund at US$204M

Emerging markets fund manager LeapFrog Investments held the initial close for its second fund at US$204m. Supporter included MetLife Inc., Prudential (USA), XL Group, Achmea,...

eleni Receives $5M Equity Investment

eleni LLC, a Nairobi, Kenya-based newly formed company which will incubate and support the formation of commodity exchanges across Africa, has received a $5m...

Ushahidi Receives $1.4M Grant to Develop Crowdsourcing Platform

Ushahidi, an open source platform enabling citizen-generated information reporting and sharing in the aftermath of a crisis, has been awarded a $1.4m grant...

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