The veteran impact investor is targeting a $81.2m final close to back businesses in West Africa and Madagascar that are too big for microfinance but too small for traditional private equity.
The University of Stellenbosch spinoff is building a new facility in Cape Town to tackle Africa's reliance on imported active pharmaceutical ingredients.
A Nigerian fintech raised $2.6m from marquee investors, promised its employees fair treatment, and then shut down. A Nigerian court has spent two years untangling what it left behind.
