Actis has reached final closing on its third opportunistic private real estate fund, Actis Africa Real Estate Fund 3 (ARE3) with commitments totalling more than $500m, exceeding its original $400m target.
Kipeto Energy has signed a 20-year Purchase Power Agreement (PPA) with Kenya Power (KPLC), representing a significant milestone for the development of the 100-megawatt (MW) wind power project in Kenya.
MCB Equity Fund has successfully exited Speedy, an automotive fast-fit services in France to Bridgestone EMEA, a subsidiary of the Tokyo-based Bridgestone Corporation.
Belelani Capital, a Broad Based Black Economic Empowerment (BEE) company, has acquired a 24% shareholding in Pareto (Pareto Limited and Business Venture Investments No. 1360) from the Government Employees Pension Fund (GEPF).
BUSINESS/PARTNERS, a risk financier for SMEs in South Africa and selected African countries, seeks to invest in excess of R1.2bn in SMEs during the 2016/2017 financial year.
Tembo Capital, a mining-focused private equity fund group, has agreed to invest $6.6m in Strandline Resources to ensure that the firm is fully funded to advance its portfolio of high value Tanzanian mineral sands projects over the next two years.
The Mara Group, Atlas Merchant Capital and General Electric have announced an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector.
Barnstone Education and the Schools and Education Investment Impact Fund South Africa have announced an additional investment as part of the second phase of the Prestige School project, which will fund the development and operations of six Prestige College affordable independent schools.
Africa’s largest private sector investment manager, Old Mutual Investment Group has increased its overall effective equity stake in African agriculture investment group, UFF African Agri Investments, to 49%.
Namibian private equity fund manager Eos Capital has acquired a majority stake in Elso Holdings, one of the oldest, environmentally conscious cleaning product manufacturers in Namibia.
Mediterrania Capital II cumulative portfolio sales have reached €195m, representing 18% year-on-year growth, according to Mediterrania Capital Partners's financial results.
As Nigeria’s currency plumbed new lows, the nation’s minister for investment, trade and industry rebuked those obsessing over the prospect of a devaluation.
Actis, an investor in growth markets across Africa, Asia and Latin America, with $6.6bn funds under management, has invested an undisclosed sum in Mundiapolis University, a private university in Morocco, as a bolt-on acquisition to its investment in Emerging Markets Knowledge Holdings.
The Pan African Housing Fund (PAHF), managed by Phatisa, has announced its plans to develop a middle income residential property on 21 hectares of prime land in the fast-growing Makeni suburb of Lusaka, Zambia.
