Ivorian industrialist Koné Daouda Soukpafolo, known as the “king of cotton,” has reached an agreement to acquire a majority stake in Uniwax, one of West Africa’s leading industrial wax fabric manufacturers listed on the BRVM, sources close to the matter said. The transaction returns Uniwax to Ivorian control.
Ivorian industrialist Koné Daouda Soukpafolo, known as the “king of cotton,” has reached an agreement to acquire a majority stake in Uniwax, one of West Africa’s leading industrial wax fabric manufacturers listed on the BRVM, sources close to the matter said. The transaction returns Uniwax to Ivorian control.
African tech startups raised a combined $4.1 billion in 2025, representing a 25% year-on-year increase and a strong recovery after two years of. The surge was driven by a record $1.6 billion in debt financing (up 63% YoY) alongside $2.4 billion in equity funding (up 8% YoY) across over 460+ deals.
Discover the top active investors and investment firms backing entrepreneurs and startups across Africa, from
Ivorian industrialist Koné Daouda Soukpafolo, known as the “king of cotton,” has reached an agreement to acquire a majority stake in Uniwax, one of West Africa’s leading industrial wax fabric manufacturers listed on the BRVM, sources close to the matter said. The transaction returns Uniwax to Ivorian control.
African tech startups raised a combined $4.1 billion in 2025, representing a 25% year-on-year increase and a strong recovery after two years of. The surge was driven by a record $1.6 billion in debt financing (up 63% YoY) alongside $2.4 billion in equity funding (up 8% YoY) across over 460+ deals.
Discover the top active investors and investment firms backing entrepreneurs and startups across Africa, from venture capital
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