Lighthouse Capital, an operator-led private equity firm, is actively raising a US$50 million private equity fund. This new fund is specifically designed to target high-growth mid-market businesses across South Africa and Kenya. The firm aims to combine long-term investment capital with hands-on operational expertise, focusing on sectors vital to the region’s economic development. The fund…
The wife of a US scholar imprisoned in China on charges of spying and endangering national security has asked President Donald Trump to secure his release when he meets Chinese President Xi Jinping at the White House next week. U Min Zin, the director at a think tank focused on Myanmar, was arrested on 3…
At least three U.S. servicemembers were killed over the weekend in Iranian attacks, A third American soldier in northern Iraq died following “a controlled detonation of unexploded ordnance from a downed Iranian one-way attack drone,” CENTCOM said in a statement. The first two were killed in a strike on a U.S. air base in Jordan….
TEHRAN, IRAN – MARCH 10: Smoke rises among the residential buildings following an Israeli attack on Tehran, Iran on March 10, 2025. Israeli army’s announcement of a new wave of attacks on Tehran. (Photo by Fatemeh Bahrami/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Oil rose Thursday, after fresh strikes on Iran by…
Department reports raise concerns about increased espionage activity amid US-Israeli war with Iran, ceasefire talks. The Pentagon’s intelligence arm has raised the assessed threat level on Israeli spying from “high” to “critical” in recent weeks, according to US media. NBC News first broke news of the change on Friday, with The New York Times issuing…
The WAEMU public securities market recorded strong demand in the week of May 12 to May 15, with 3 member states raising CFA92 billion against an initial target of CFA85 billion. Investors submitted CFA196.67 billion in bids, giving the week a coverage rate of 231%. The estimated absorption rate was 47%, showing that treasuries received…
United Nations — The escalating global climate crisis has led to an increase in the frequency of climate-induced natural disasters, affecting millions worldwide. As governments struggle to keep up due to persistent funding shortfalls and inadequate preparedness and response mechanisms, education systems in Eastern and Southern Africa continue to deteriorate, pushing millions of children into…
Ecobank Transnational Incorporated (BRVM: ETIT) is preparing to raise $500 million through a subordinated debt issue as it moves to refinance part of its balance sheet ahead of a regulatory deadline in June 2026. The Lomé-based lender plans to use the proceeds to exercise a call option on about $350 million of existing Tier 2…
African startups raised $711 million across more than 80 deals in the first quarter of 2026, according to data tracked by TechCabal Insights. About 18% of deals had undisclosed values. The disclosed funding reflects a mix of equity, debt, and grants flowing into the ecosystem during the period. Egypt led funding with $154 million, followed…
Charge chairman Joubert Roux Off-grid EV charging infrastructure company Charge (formerly Zero Carbon Charge) is planning a public investment offering in the coming months, bypassing the JSE in favour of a token-based exchange called Mesh. Joubert Roux, the company’s founder, revealed the plans in an interview with TechCentral on Wednesday and said Charge is currently…
