Africa50, an African Development Bank (AfDB) infrastructure fund, has stepped up its effort to secure investments from foreign and local wealth funds, social security funds and banks.
African Rainbow Capital (ARC), a black owned and controlled investment company that forms part of the Patrice Motsepe stable, has invested in a 29.9% share of CMB International, the listed holding company of independent investment banking and advisory firm Bravura.
BPE Partners, an Egypt based private equity firm, has partnered with Daikin Europe, a wholly-owned subsidiary of Japan-based air conditioning equipment manufacturer Daikin Industries, to establish Daikin Airconditioning Egypt.
Afinitas, an Africa focused investment company listed on the venture capital board of the Botswana Stock Exchange, has announced the proposed investment of $2.5m into Adventis Limited, a new Africa focused financial services company.
Zoona, an African financial technology company, has raised $15m in a second round of financing from the IFC – led investment consortium.
TURN8, a Dubai based venture capital firm, has launched $60m Venture Capital Fund that will invest in technology startups in the MENA region.
Kleoss Capital, a South African100% black owned and managed investment manager, has acquired a significant minority stake in Real Foods, a multi-brand food group.
GreenHouse Capital, a Nigerian venture capital fund managed by Venture Garden Group, has said it will invest $10m into technology start-ups over the next two years.
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has changed the company title to ABO Capital.
African Rainbow Capital (ARC) has bought a 27.5% stake in a specialist investment manager Colourfield Liability Solutions for an undisclosed amount, marking its fifth investment in the financial services sector.
8 Miles, African Capital Alliance (ACA) and DEG, the German development finance institution, have jointly invested in Beloxxi Industries, a market leading Nigerian biscuit manufacturing company.
Royal Bafokeng Holdings (RBH), a South African community-based investment company, has agreed to acquire infrastructure and energy assets from Aveng Capital Partners, for a cash consideration of R860m ($63.8m).
Rockwood Fund I, a R4.5bn South African leveraged buyout fund managed by Rockwood Private Equity, and Thebe Investment Corporation have exited Safripol to KAP Industrial Holdings for an equity value of R4.1bn ($310m).
The Emerging Africa Infrastructure Fund (EAIF) has loaned $20m to Helios Towers Africa (HTA) to partly finance the purchase of approximately 950 telecommunications towers in the Democratic Republic of Congo (DRC).
