RMB establishes a US presence

Rand Merchant Bank (RMB) is now operating from a New York based representative office, to facilitate greater US business flows into the African continent. RMB’s parent, FirstRand Bank, has received all necessary approvals from the United States Federal Reserve...

HealthCloud joins Alula Technologies Group

ROX Equity Partners, a UK based private equity company, has acquired the innovative health data technology platform HealthCloud. HealthCloud, which provides universal healthcare data interoperability and intelligence, will be integrated into the Alula Technologies...

Lulalend secures $35m to scale its business

Lulalend has finalised a transformational $35-million (R600-million) Series B funding round and will use the capital to scale its business to address South Africa’s enduring SME credit gap – estimated to be more than $20-billion per year, according to the...

Digital Resilience Insight opens its doors

A newly-formed company, Digital Resilience Insight, will bring Steven Ambrose and his team of Splunk Elite partners and data security solution providers together with Digital Solutions Group (DSG). “The partnership with DSG is a strategic fit that will benefit both...

Private equity firm drives digital inclusion in Africa

Convergence Partners has successfully closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296-million, surpassing its initial target by over 18%. The recent close of CPDIF marks a significant milestone for the company, as it represents Convergence...

Absa Group to list on A2X

Absa Group Limited will list its ordinary shares for trade on A2X Markets from 2 February 2023. Absa Group will retain its primary listing on the Johannesburg Stock Exchange and its issued share capital will not be affected by its secondary listing on A2X. There is no...