Metier Capital Growth Fund II to final close by end of summer
Metier Capital Growth Fund II is hoping to have a final close in the next month and a half, according to J-P Fourie, Head of Investor Relations at Metier.
Metier Capital Growth Fund II is hoping to have a final close in the next month and a half, according to J-P Fourie, Head of Investor Relations at Metier.
Wendel, a French investment company, has announced its first investment in the African shopping malls sector by acquiring a 40% stake in SGI Africa, alongside the CFAO group.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided a R200m($13.7m) expansion capital facility to New GX Capital, a 100% black and family owned investment company.
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has announced a major investment through one of their major holding companies Bluoshen, in Hotel Casa Rosa.
African Infrastructure Investment Managers (AIIM) has announced the successful sale of investments in three privately-concessioned toll roads in Southern Africa, to a consortium of largely existing investors including Public Investment Corporation, Liberty Group, Old Mutual and Africa Finance Corporation.
RMB Holdings (RMH) has acquired a 34% stake in urban renewal property company, Propertuity Development Company, a South African urban renewal group.
Vantage Capital, Africa’s largest mezzanine fund manager, has disbursed the second and final tranche of a R250m ($17m) expansion capital facility to Vumatel.
The Private Equity team at Nedbank Corporate and Investment Banking (CIB) has become a 25% shareholder in Comsol Networks, alongside existing shareholders Convergence Partners and the management team of Comsol.
Development Partners International (DPI), a $1.1bn Africa-focused private equity firm, has committed around 36% of its second private equity fund, ADP II, according to Runa Alam, CEO and co-founder.
Alitheia Identity Managers (AIM) has partnered with Capria Ventures, a global impact investment firm that works with local fund managers to accelerate the flow of capital in emerging markets.
Fusion Capital has launched a Sh2.3bn offer for the first Development Real Estate Investment Trust (D-REIT) on the Nairobi Securities Exchange (NSE), to finance and complete the development of Greenwood City.
Phatisa has invested in Torre Equipment Africa (TEA), a pan-African equipment distributor with operations in Côte d’Ivoire, Ghana, Liberia, Sierra Leone, Cameroon and Botswana, among others.
Lekela Power, a joint venture between Actis and global renewable energy developer Mainstream Renewable Power, has acquired co-development rights and sole rights to invest in the 158 MW Taiba Ndiaye Wind Project in Senegal.
Injaro Agricultural Capital Holdings (IACH), through its Ghanaian subsidiary Injaro Agricultural Venture Capital (IAVC), has invested in Gold Coast Fruits (GCF), a Ghanaian pineapple exporter based in Accra.