Solar technology company REDAVIA and the responsAbility-managed climate fund have signed a $4m financing agreement for REDAVIA's Ghanaian subsidiary.
The responsAbility-managed private equity vehicle focusing on food and agriculture has completed its second investment and taken a minority stake in Suminter, a global organic products supply chain management company which sources, processes and exports certified 100% organic and GMO-free products from Asia and Africa.
AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the second closing of its North African Fund, Maghreb Private Equity IV (MPEF IV).
HAVAÍC has advanced the first round of financing in Instant Property Rentals Holdings, by acquiring a 10% equity stake, with an allocation for follow-on funding at Instant Property’s option.
Mastercard, CRE Ventures, Fintech Collective, 4DX Ventures, and Raba Capital, among others, have participated in a Series A extension round of financing to Flutterwave, a Nigerian fintech startup.
Imara Private Equity has, over the last twelve months, sourced, structured and invested approximately $4.5m, on behalf of a European Family Office client, into Zambezi Berry Company (ZBC).
Helios Investment Partners has invested an undisclosed amount in KMR Holding Pédagogique (KMR), a private higher education group based in Morocco.
I&P Afrique Entrepreneurs 2, a private equity fund launched in December 2017 with a first closing at €50m, has announced its first investments.
AfricInvest, a pan-African private equity firm, has announced the second close of FIVE, an evergreen platform for investing in financial institutions in Africa.
Ethos Mid Market Fund I (EMMF I) has announced the closing of a c.60% investment into South African-based consumer technology distributor, Gammatek.
Phatisa has announced the first close of its Phatisa Food Fund 2 (PFF 2), which has received capital commitments in excess of $120m.
I&P Développement 2 (IPDEV 2), a fund managed by Investisseurs & Partenaires, has reached its final closing at €11.5m and totalised an investment capacity of €21m.
LeapFrog Investments has invested in Pyramid Group, the largest specialty distributor for cardiac and orthopaedic equipment in East Africa.
Development Partners International (DPI), has invested through its African Development Partners II (ADP II), in Moroccan irrigation systems and solutions business, Compagnie Marocaine de Goutte à goutte et de Pompage (CMGP).