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Verdant Capital Secures Debt Financing of USD 6 million for Tugende, a Leading Ugandan Fintech Leasing Business

  Verdant Capital secures USD 6 million of debt funding for a leading Ugandan technology-driven leasing business. The funding is part of Verdant Capital’s overall funding programme for Tugende from international specialist investors for the expansion of Tugende’s productive asset finance portfolio, the bulk of which is leases for motorcycle taxis. This debt funding programme has strengthened Tugende’s diversification of its funding base and represents a strong platform for further successful raises from the international specialist market internationally. Part of the funding shall be drawn immediately, and part shall be drawn following the completion of the forthcoming equity round, on... View Article

Verdant Capital finished in the top three in DealMakers Africa corporate finance league table for East Africa

  Verdant Capital finished in the top three in DealMakers East Africa corporate finance rankings. Verdant Capital, a specialist financial advisory firm operating on a pan-African basis, in 2018 completed high profile transactions in Southern Africa, Central Africa and East Africa. In East Africa Verdant Capital achieved its highest ranking, finishing second by deal volumes and third by deal value. In a competitive market for mergers and acquisitions advisory in Africa, the firm is differentiated by its global reach. Verdant Capital is the IMAP partner firm for Africa and, along with its partner firms in Morocco and Egypt, have eight... View Article