Bizao closes €8 million Series A with AfricInvest
The pan-African private equity group led the financing round, including Paris-based Adelie and Seedstars Africa Ventures.
20/07/2022 at 16h43, by Africa Business+
With this first round of funding, the French payment solutions fintech for businesses and merchants active in ten countries on the continent (Burkina Faso, Cameroon, Côte d’Ivoire, Guinea, Mali, DRC, Senegal, Tunisia, Togo, Gabon) intends to enter new markets and invest in several new verticals, including entertainment, including pay-as-you-go and subscription-based payment solutions for video games, video or music streaming, SMEs and other fintechs.
Recommended articles
Private Equity
28/10/2022 at 15h57, by Africa Business+
AfricInvest and Health Finance Coalition aim to attract US DFC
The private equity firm and the NGO, partners in a health fund targeting the continent, are negotiating...
Health
21/10/2022 at 14h47, by Africa Business+
IFC invests $15 million in Transform Health Fund, managed by Africinvest and Health Finance Coalition
The IFC will invest $15 million in the NGO Health Finance Coalition, which plans a $100 million vehicle...
Private Equity
05/10/2022 at 15h46, by Africa Business+
Africinvest’s second Franco-African fund closing pushed out to December 2022
The closing was initially planned for last June. However, fund 2 has already started its activity in...
Private Equity
11/09/2022 at 13h29, by Africa Business+
Seedstars plans to invest $80 to $110 million in Africa via its two funds
The seed stage venture capital fund has just finalised the first closing of its second international...
Private Equity
28/04/2022 at 16h31, by Africa Business+
AfricInvest prepares to launch new health fund
Africa Business+ has the details.
Private Equity
24/02/2022 at 17h55, by Africa Business+
Omar Laalej leaves Africinvest to head Al Mada VC division
The Royal Moroccan holding company has chosen the expert who set up the pan-African investor’s first...