As the third quarter comes to an end am going to give you a run down on EXITS – the big elephant in the Africa investing room. Yesterday, Autocheck announced the acquisition of Cheki Nigeria and Ghana from ROAM Africa. On 9th September 2020, US based blockchain investor, Digital Currency Group (DCG) bought Naspers-backed South …
My July op-ed focused on the increased M&A activities in Africa under Covid-19. Network International announced the acquisition of Africa’s leading online commerce platform, DPO for $288M on 28th July 2020, confirming my analysis that we are going to see more M&A activities going forward. “According to Keet van Zyl, Managing Partner of Knife Capital …
Africa’s health sector attracts more investments during the pandemic Read More »
On the 10th of July 2020, Helios Holdings Limited announced a merger with Fairfax Africa Holdings Corporation to form Helios Fairfax Partners Corporation – a pan Africa focused alternative investment manager. On the same day, Eversend, an African fintech startup also announced over a $1M raise through crowdfunding. Prior to that Helios announced a $100M …
Africa’s Mergers and Acquisitions gain momentum during COVID19 Read More »
President Obama’s chief of staff, Rahm Emanuel once said “you never want a serious crisis to go to waste. It provides the opportunity to do things that were not possible to do before”. When the COVID-19 crisis hit the global north the fear was that it would be most devastating in Africa with Bill Gates …
Africa appears to have narrowly escaped the level of devastation that COVID19 is wrecking in the global north with China as its entry. As if the virus followed the global supply chain to destroy it. The global supply chain links China to the global north before connecting to Africa so by the time the virus …
Africa’s four MEGA TRENDS that are overcoming COVID19 Read More »
Introduction When I postulated the digital economy in Africa in 2013 as a precursor to becoming a fulltime angel investor and subsequently writing about its KINGS in 2016, it never crossed my mind that in 2020 COVID-19 would be the SPEEDING agent. Who could have predicted COVID-19 except Bill Gates who alluded to a viral …
COVID-19 is SPEEDING up the digital economy in Africa Read More »
