Amethis Finance invests $10.5m in Kenya’s Chase Bank

African Venture Capital Association 13 March 2013 Amethis Finance has completed its first private equity investment by injecting USD10.5 in Chase Bank, Kenya. Chase Bank is the fastest growing and one of the most innovative Kenyan banks. It offers a full range of...

Summit in $26m Jumia deal

Summit Partners has invested a reported $26 million (€20million) in Egypt-based e-commerce company Jumia. The investor is understood to be taking a stake in the company through a German-based holding company. The funds are expected to be used to accelerate the...