South Africa’s Asset Management Industry Grows 9.5%
South Africa’s asset management industry assets grew by 9.5% supported by strong domestic markets, according to the 27four DEInvest Annual Survey 2025.
South Africa’s asset management industry assets grew by 9.5% supported by strong domestic markets, according to the 27four DEInvest Annual Survey 2025.
The Old Mutual Investment Group Namibia (OMIGNAM) has appointed Sara Mezui Engo as Chief Investment Officer: Unlisted Investments.
Verdant IMAP has acted as sole financial advisor and arranger to Ctrack Holding on the successful closing of a $23.4m (ZAR 406m) equity raise for Ctrack Holdings.
Mediterrania Capital Partners (MCP), a private equity firm focused on growth investments in SMEs and mid-cap companies across North and Sub-Saharan Africa, has announced a €100m co-investment in Coris Holding, the second largest banking group in the West African Economic and Monetary Union (WAEMU).
Old Mutual has agreed to acquire a majority stake in 10X Investments (10X) from Old Mutual Private Equity (OMPE), part of Old Mutual Alternative Investments, and DiGAME Investments (DiGAME), marking an important next step in the company’s evolution as a leader in passive, technology-enabled investment solutions in South Africa.
Sanari Capital has exited its investment in Fernridge Solutions, with Broll Property Group acquiring the Johannesburg-based market intelligence and geospatial analytics firm.
Marex has launched EMEA Emerging Markets (EM) Credit desk, offering a hybrid model that combines agency execution with selective principal risk-taking abilities to better serve institutional clients across sovereign and corporate debt.
Transactions by domestic and foreign investors on Nigerian Exchange (NGX) more than doubled in the nine months of 2025, reaching ₦8.54 trillion a 115.2% increase from ₦3.97 trillion recorded in the same period of 2024.
Ghanaian pension funds prioritise investments in healthcare (55%), agribusiness (45%), and technology (40%), according to a new report from the African Private Capital Association (AVCA).
ISI Markets, a global market intelligence provider, has launched REDD for Sovereign Debt.
Development Partners International’s African Development Partners (ADP) III fund has led a $200m equity financing round for Moniepoint, Africa’s all-in-one financial platform for businesses and their customers, as part of its recently closed Series C funding.
Madica, a structured investment program for pre-seed African startups, has announced new investments in two AI-powered companies: Anavid and Hypeo AI. Each company has secured up to $200,000 in funding and will join Madica’s 18-month program, which offers a tailored curriculum, hands-on mentorship, executive coaching, and two fully-funded immersion trips to key technology ecosystems, both locally and internationally. Beyond funding, the startups will also be connected to Madica’s global investor network, positioning them for growth and long-term success.
As investor interest in African equities continues to rebound, discussions at AFSIC 2025 in London revealed a renewed urgency to modernize, connect, and scale the continent’s public markets.
For many investors, the past few years on the continent have been difficult, according to David Cowan, Africa Economist at Citi. “Currencies have collapsed around you. You’ve had a lot of issue on return,” he said during his session "INVESTING Solo: Where is Africa going? Thinking about Economic and Currency Outlook" at the AFSIC 2025 conference.
Paradigm Tower Ventures, a newly established sub-Saharan African towers platform backed by a consortium of investors including Convergence Partners, British International Investment (BII), and Proparco, has made its first investment by closing the acquisition of IHS Rwanda from IHS Holding.
Enko Capital, an Africa-focused alternative asset manager with $1.3bn in assets under management (AUM), has announced the first close of its impact focused private credit strategy, raising $100m toward its target of $150m at final close, with a hard cap of $200m.
The European Investment Bank’s development arm (EIB Global) has committed $110m loan to international commodities company ETG, one of Africa’s leading agribusiness supply chain players.
Africa Merchant Capital Advisory (AMCA) has acted as financial adviser to the Lagata Group on its acquisition of majority stake, and investment into, Miro Forestry Developments, a sustainable forestry and plywood manufacturing business operating across Sierra Leone and Ghana.
Evolution III Fund, Inspired Evolution’s dedicated next-generation energy transition fund, has signed transaction agreements committing $20m to Cold Solutions East Africa Holdings Limited (CSEAHL), a temperature-controlled warehousing and logistics platform operating across Kenya, Uganda, Rwanda, and Tanzania.
Verod, a West African private equity firm, has announced its successful exit from pensions fund administrator, Tangerine APT Pensions, to Verod’s minority partner, APT Securities and Funds.
OeEB alongside Impact Fund Denmark has provided Robust International, a multinational agricultural commodities trader, with $25m in working capital.
Accion has announced the final close of a $61.6m fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.