11 Mar
News > Private Equity > Exits
Helios Investment Partners, Pembani Group, First City Monument Bank and other minority shareholders have agreed the sale of Helios Towers Nigeria (HTN), a tower company in Nigeria, to IHS Towers (IHS), the largest telecommunications infrastructure provider in Africa, Europe and the Middle East.
10 Mar
News > Private Equity > Fundraising
Ashburton Investments has raised just under $250m of the $450m final target at the first close of the RMB Westport Real Estate Development Fund II (Westport II).
10 Mar
News > Private Equity > Deals
AfricInvest, a pan-African mid-cap-focused private equity firm, has invested in Silafrica Plastics and Packaging International, an East African plastics and packaging group, via its AfricInvest Fund III.
9 Mar
News > Private Equity > Deals
Medu Capital, a South African private equity company focused on established medium sized owner-managed businesses, has acquired 100% ownership stakes in Universal Paints and Elite Truck Hire for a total of R450m ($29.32m).
8 Mar
News > Private Equity > Deals
AIIM Hydroneo, a 50/50 joint venture between African Infrastructure Investment Managers (AIIM) and Hydroneo Afrique, has announced plans to develop, finance, build and operate a number of hydroelectric power plants in Gabon.
7 Mar
News > Private Equity > Deals
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has invested an undisclosed amount in Sphera Bluoshen, a subsidiary of Oshen Group and part of Sphera Global Health Care.
7 Mar
News > Private Equity > PE Industry News
The Agriculture Fast Track Fund (AFT), a multi-donor fund contributed by United States Agency for International Development (USAID), Danish International Development Agency (DANIDA), and Swedish International Development Agency (SIDA), has announced an Ongoing Call for Concept Notes for Project Grants.
3 Mar
News > Private Equity > Deals
Africa Internet Group (AIG), the parent of Jumia, an e-commerce platform in Africa, has secured more than €300m in funding from new and existing investors, including the previously announced funding commitment from AXA.
3 Mar
News > Private Equity > Fundraising
Futuregrowth Asset Management, a boutique of Old Mutual Investment Group, is capital raising for its third South African focused agriculture fund, Africa Global Funds can reveal.
3 Mar
News > Private Equity > PE Industry News
With over $50bn of collected premiums each year across the continent, and unprecedented year-on-year growth, it is important that African insurers think more strategically at where they invest their portfolios, Papa Madiaw Ndiaye, Founder and CEO of AFIG Funds, has said.
2 Mar
News > Private Equity > Exits
Actis, a growth markets investor, has confirmed an agreement to sell Emerging Markets Payments (EMP), Africa and the Middle East payments business, to Network International, a provider of payment solutions in the Middle East.
1 Mar
News > Private Equity > Deals
Seven Energy International, an integrated gas company in south east Nigeria, has secured $100m in a new equity funding round from existing shareholders and other institutional investors.
29 Feb
News > Private Equity > PE Industry News
Gulf Capital, an alternative investment firm in the Middle East, has partnered with Serengeti Capital, an Africa-focused investment bank, to expand its private debt business to Sub-Saharan Africa.
28 Feb
News > Private Equity > PE Industry News
Gulf Capital's portfolio company Middle East Glass has acquired 100% of Misr Glass Manufacturing (MGM), a company that specialises in the manufacturing and marketing of container glass for the food and beverage industry in Egypt.
