Asafo & Co. Advises AfricInvest FIVE, Adelie, and Seedstars Africa Ventures in Investment in Fintech Company Bizao
Asafo & Co. recently advised AfricInvest FIVE (Financial Inclusion Vehicle) as lead investor, alongside co-investors Adelie and Seedstars Africa Ventures, in an €8 million Series A fundraising to back fintech company Bizao.
Asafo & Co. Advises IFU and Norfund on the Opening of a Tanzanian Bank in the DRC
Asafo & Co. advised IFU and Norfund, respectively the Danish and Norwegian investment funds for developing countries, in their investment to support the largest bank in Tanzania, CRDB Bank Plc, in opening its first subsidiary in the Democratic Republic of Congo.
Asafo & Co. Advises Norfund on Investment in CrossBoundary Energy
Asafo & Co. advised Norfund, the Norwegian investment fund for developing countries, in its $40 million equity investment alongside KPL, Norway’s largest pension fund, in CrossBoundary Energy, a leading developer, owner, and operator of commercial and industrial renewable energy systems in Africa.