10 May
News > Private Equity > Deals
South African investment firms Kalon Venture Partners and Caleo Private Equity have announced a $2.5m Series A co-investment into iXperience (iX), an educational-tech company that partners with high schools, universities and corporates to provide progressive education programs and services that equip students with industry-focused skills.
6 May
News > Private Equity > Deals
Mergence Unlisted Investment Managers (Namibia) has increased its shareholding in the two Ejuva renewable energy projects in Gobabis from 17% to a majority stake of 66% having acquired the 49% previously held by co-developer and initial part-financier, CIGenCo, a subsidiary of South Africa-listed Consolidated Infrastructure Group (CIG).
5 May
News > Private Equity > Deals
The Vumela Fund, established by FNB Business and Edge Growth, have invested in Kombo King, a South African kitchen equipment supplier focusing on the fried food niche market.
5 May
News > Private Equity > Fundraising
Uhuru Investment Partners, a middle-market private equity firm, has announced the first close of Uhuru Growth Fund I (UGF) at $113m.
4 May
News > Private Equity > Exits
Metier has sold its 12% stake in the 50 MW Bokpoort Concentrated Solar Power (CSP) asset in the Northern Cape to Revego Africa Energy for R204m.
29 Apr
News > Private Equity > Exits
Adenia, a private markets investment firm in Africa, has finalized the sale of its 100% equity stake in Ademat to SPE Capital, a private equity firm focused on Africa and the Middle East.
28 Apr
News > Private Equity > Fundraising
Misr Capital, the investment arm of Banque Misr, and Elevate Private Equity have launched a $380m healthcare investment platform, Nile Misr Scan & Labs.
22 Apr
News > Private Equity > Deals
Newfund and ResiliAnce have led a Seed investment round of $1.2m in OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa.
19 Apr
News > Private Equity > PE Industry News
MiDA Advisors, a global transaction and financial advisory firm, and SAVCA have launched the Women Empowerment Mentoring and Incubation Fund Manager Programme (WE>MI), to increase the number of investable women fund managers in Southern Africa.
14 Apr
News > Private Equity > Deals
Partech Africa, a member of the Partech Group, a global technology venture capital fund, and Enza Capital have invested in the $3.6m extension round in Tugende, a technology enabled MSME lender in East Africa.
13 Apr
News > Private Equity > Deals
South African venture capital firm Kalon Venture Partners has announced a follow-on investment a cyber-security email protection and compliance business, Sendmarc.
13 Apr
News > Private Equity > Deals
HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors have invested an undisclosed amount in Kenyan agency banking startup Tanda.
1 Apr
News > Private Equity > Deals
Mastercard, a global technology company in the payments industry, has agreed to invest $100m in Airtel Mobile Commerce BV, a wholly owned subsidiary of Airtel Africa.
1 Apr
News > Private Equity > Exits
Apis Growth Fund II, a private equity fund managed by Apis Partners, has agreed to sell the whole of its interest in third-party payments enabler International Tutuka Holdings to Salt Pay Co.
