Verdant Capital advises OADC on landmark JV Agreement with Texaf

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Date: 9 October 2023

A landmark joint venture agreement (“JVA”) between Africa’s leading data centre operator, Open Access Data Centres (“OADC”), a WIOCC Group company, and TEXAF, one of the DRC’s oldest business groups, was signed this past July. The JVA crystallizes the two parties’ intention to usher in the next evolution of the DRC’s digital ecosystem by launching the country’s first open-access, carrier-neutral data centre. The joint venture will be operated through their co-owned subsidiary, Open Access Data Entres-TEXAF Digital (DRC). The JV brings together OADC’s pan-African data centre operating expertise, coupled with the WIOCC Group’s continent-wide hyperscale connectivity infrastructure and capabilities, with […]

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Flow Global: A 2022 Inclusive Fintech 50 Winner

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Date: 9 January 2023

Flow Global (“Flow”), a Fintech company that currently provides growth capital solutions to retail merchants in Uganda and Rwanda, was part of the top 50 Fintech companies identified by Inclusive Fintech 50 (IF50) as a rising and promising business that is helping to drive financial inclusion in the world. The typical Flow target customer are retail merchants who offer mobile money services. These are often in need of digital float liquidity to sustain and grow their business, and Flow provides this liquidity in the form of instant digital float advances. Flow is a trendsetter in terms of providing digital growth […]

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Africa Tech Summit Nairobi

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Date: 22 April 2022

The Race for Payments in Africa: Where are we now and what’s next? Verdant Capital participated in an important panel discussion on the “race” for digital payments at the Africa Fintech Summit in Nairobi this past month. Imran Patel, Director at Verdant Capital, was joined by senior executives from Africa’s leading payments-focused fintechs: Amandine Lobelle, Head of Business at Paystack, Leon Kiptum, Kenya Country Director at Chipper Cash, Hilda Gathuya, Kenyan Country Manager at Global Accelerex, and Sike Bamisebi, Chief Business Officer at Cellulant. The panel was moderated by Tage Kene-Okafor of TechCrunch. The discussion covered key drivers of digital payments including […]

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