29 Oct
News > Private Equity > Deals
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).
28 Oct
News > Private Equity > Deals
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.
24 Oct
News > Private Equity > Exits
Sanari Capital has exited its investment in Fernridge Solutions, with Broll Property Group acquiring the Johannesburg-based market intelligence and geospatial analytics firm.
21 Oct
News > Private Equity > Deals
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.
21 Oct
News > Private Equity > Deals
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.
20 Oct
News > Private Equity > Deals
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.
20 Oct
News > Private Equity > Fundraising
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.
13 Oct
News > Private Equity > Deals
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.
8 Oct
News > Private Equity > Exits
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.
8 Oct
News > Private Equity > Fundraising
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.
18 Sep
News > Private Equity > Deals
Enabling Qapital, a Swiss-based impact asset manager, has invested $1.5m in Premier Credit Uganda, a subsidiary of The Platcorp Group, marking a major step on its mission to expand financial inclusion.
15 Sep
News > Private Equity > Deals
Kredete, a fintech company focused on helping African immigrants build credit and access financial services, has raised a $22m Series A funding round led by AfricInvest via their Cathay AfricInvest Innovation Fund (CAIF) and Financial Inclusion Vehicle (FIVE) and Partech, with participation from Polymorphic Capital.
22 Aug
News > Private Equity > Fundraising
FCMB Asset Management (FCMBAM) and TLG Capital have announced the full deployment of the oversubscribed ₦100 bn FCMB–TLG Private Debt Fund Series 1.
19 Aug
News > Private Equity > PE Industry News
African Infrastructure Investment Managers (AIIM), through its IDEAS Fund, and Motseng Investment Holdings, have announced the formation of Motseng Ideas Infrastructure Group (MIIG).
