Member News
3 December 2024
Convergence Partners powers Ctrack's global expansion with strategic acquisition of Inseego's telematics business
Pretoria, South Africa – In a landmark move to broaden its global footprint and strengthen its market leadership, Ctrack has successfully completed the acquisition of Inseego’s international telematics business. Initially announced in September 2024, this acquisition enhances Ctrack’s presence in critical markets, including the United Kingdom, Belgium, France, Germany, the Netherlands, Australia, and New Zealand.
Member News
28 October 2024
500 Global promotes Mareme Dieng to partner
October 28, 2024, Nairobi, Kenya– 500 Global, one of the world’s most active venture capital firms, proudly announced the promotion of Mareme Dieng, based in Nairobi, Kenya, to Partner for their Africa regional strategy.
Member News
21 October 2024
Amethis and Globex acquire a leading Moroccan transport company
Since 2022, Amethis has been a partner of Globex, a company operating in express courier, freight, transit, and storage solutions in Morocco and sub-Saharan Africa (Senegal and Cameroon), under the FedEx Express brand. In more than 20 years of existence, the group has established itself as a reference player in the field of express parcel shipping, freight, and transit, offering its customers competitive and guaranteed delivery times to/from more than 220 countries thanks to the vast network of FedEx World from which it benefits. In October 2024, Globex completed the acquisition of Logic Transport, a leading player in the transport and logistics sector in Morocco.
Member News
10 September 2024
Novastar Ventures welcomes Doreen Nabaho as head of sustainability
September 10, 2024 (London): Novastar Ventures, one of the first and largest VC investors in Africa, today announces the appointment of Dr. Doreen Nabaho as Head of Sustainability
Member News
2 September 2024
Amethis announces the promotion of Frank-Astère Ndiyo Butoyi to investment partner
We are pleased to announce the promotion of Frank-Astère Ndiyo Butoyi to the position of Partner at Amethis. This recognition underscores Frank’s significant contributions and dedication to our firm’s growth, particularly in the East African region.