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,...
Silvertree Capital, a Cape Town Africa-focused venture capital investor, invested in two Nigerial e-commerce sites.
The companies are:
- Sunlasses.com.ng, an e-commerce site which specializes in...
Jumia, an African e-commerce company, raised $35m in funding.
Millicom International Cellular S.A., a global telecommunications group, made a follow-on investment and increase its stake...