25 Jul
News > Private Equity > Deals
CVE South Africa, an international Independent Power Producer (IPP) with offices in Cape Town and Johannesburg, has funded a large solar-plus-battery project that will provide clean power and load shedding relief to one of the oldest and largest technical high schools in South Africa.
24 Jul
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €30m equity investment for the acquisition of a significant minority stake in Promamec, a Moroccan medical distribution business.
17 Jul
News > Private Equity > Exits
Carlyle has agreed to sell its majority stake in Tessara, a provider of post-harvest solutions in South Africa, to AgroFresh Solutions.
11 Jul
News > Private Equity > Deals
Absa Corporate and Investment Banking (CIB), has invested $8m in Moove, an African-born, global mobility fintech, bringing its total funding to-date from the bank to $28m.
11 Jul
News > Private Equity > Deals
Aruwa Capital Management, an early-stage growth equity and gender lens fund investing in Nigeria and Ghana, has made a $2 million investment into Fastizers, a local manufacturer of snack foods and confectioneries in Nigeria.
10 Jul
News > Private Equity > Deals
Gemcorp Capital Management has announced that one of its funds has entered into a $25m loan agreement with a subsidiary of Walkabout Resources, an ASX listed African focused energy mineral developer, to support the development into production of its Tanzanian graphite mine, Lindi Jumbo.
10 Jul
News > Private Equity > Deals
Verod-Kepple Africa Ventures (VKAV) has invested $1.5m in Chari, a Morocco-based B2B e-commerce company, to support its growth plan.
7 Jul
News > Private Equity > Deals
Plus Venture Capital (+VC), Seedstars International Ventures, Flat6labs have participated in a pre-seed investment round in Agel, Egypt’s first Islamic FinTech.
29 Jun
News > Private Equity > Deals
Verdant Capital Hybrid Fund has made a $7m dual tranche investment comprising a subordinated loan and senior secured loan to Mogo Auto, a subsidiary of Eleving Group operating in Europe, Asia, and Africa.
27 Jun
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF) has committed $30m to Eastcastle Infrastructure, a platform company that owns, operates, and develops shared telecom tower infrastructure in countries across Africa. The investment enables the purchase and development of telecom towers across the Democratic Republic of Congo (DRC) for the country's mobile network operators (MNOs).
26 Jun
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a €11.5m senior secured loan to develop the first project-financed solar PV plant and battery energy storage system (BESS) in West Africa
21 Jun
News > Private Equity > Deals
Convergence Partners has closed an investment in Yellow, a provider of pay-as-you-go finance for off-grid solar home systems and connectivity solutions for low-income consumers in parts of East Africa.
20 Jun
News > Private Equity > Deals
The Facility for Energy Inclusion (FEI) managed by Cygnum Capital (formerly Lion’s Head Group) has provided a $30m senior debt to CrossBoundary Energy (CBE), a developer, owner, and operator of commercial and industrial (C&I) renewable energy systems.
19 Jun
News > Private Equity > Deals
Sweden-based QGroup, a global technology investment group, has invested an undisclosed amount in Specno, an innovation agency.