Why a private equity firm is betting on Nigerian-made safety boots

Why a private equity firm is betting on Nigerian-made safety boots

Earlier this year, Lagos-based private equity firm Aruwa Capital Management invested in Yikodeen, a Nigerian manufacturer of safety boots for workers in the oil and gas, construction, power and manufacturing sectors. Founded by entrepreneur Yinka Atunde, Yikodeen is capitalising on increasing health and safety requirements in workplaces. “With increased regulation and the need for corporations…

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South African firm takes global lead as certified authority for advanced electronic signatures

South African firm takes global lead as certified authority for advanced electronic signatures

In a groundbreaking achievement for digital trust and identity management, South African-based Impression Signatures has officially been accredited as a certified authority (CA) – one of fewer than 100 globally, and the only known local company, with the ability to issue advanced electronic signatures (AES) independently. This milestone places the company among a rare group…

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TransUnion makes minority investment in fintech firm

TransUnion makes minority investment in fintech firm

Jon Jacobson, co-founder and group CEO of Omnisient, and Lee Naik, regional president and CEO of TransUnion Africa, signing the deal. Credit bureau TransUnion has made a minority investment and broader strategic partnership with Omnisient, a South African-founded fintech firm operating internationally that offers a privacy-preserving data collaboration and advanced analytics platform. In a statement,…

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