Centum, the largest listed private equity company in Eastern Africa, has announced an additional investment of KES1.2bn ($11.71m) in K-Rep Bank, a Kenyan commercial bank.
Mediterrania Capital Partners has acquired a 23% stake in Société Meunière Tunisienne (SMT), a Tunisian leader in the pasta segment, through its second fund Mediterrania Capital II.
Business Partners Limited (BUSINESS/PARTNERS) has launched its R300m Green Fund, which is focused on financing and supporting sustainable businesses and projects in South Africa.
TriLinc Global Impact Fund, an impact investing fund that provides growth-stage loans and trade finance to established small and medium enterprises (SMEs) in developing economies, has recently approved $6.42m in trade finance transactions to companies in Namibia and South Africa.
The South African venture capital (VC) industry continues to expand with almost R2bn in assets under management, according to the latest SAVCA 2015 VC Survey.
The Pan African Housing Fund (PAHF), managed by Phatisa, has partnered with Kigali Batsinda Estate to develop a new residential housing complex in Kagugu Cell, Kinyinya Sector, Gasabo District, Kigali City, Rwanda.
Cairo real estate market has maintained a steady performance and improved sentiment in the Q3 2015 due to positive macro environment in Egypt, according to Ayman Sami, Head of Egypt Office at JLL MENA.
ACTIAM, a Netherlands based asset manager with a particular focus on sustainable investments, and the Dutch development bank FMO, have announced the final close of its ACTIAM-FMO SME Finance Fund at over €150m.
The Ascent Rift Valley Fund (ARVF) has reached its final close at $80m, significantly exceeding its original $60m target.
South African-based infrastructure investor Harith has partnered with Greenstone Equity Partners, one of the largest independent fund placement firms in the Middle East, to raise capital from GCC investors for its latest Pan African Infrastructure Development Fund II (PAIDF II).
While volume remains relatively low in Africa with almost 11% of the microfinance portfolio of all microfinance investment vehicles (MIVs), investment in Africa has grown by 211% over the past five years, according to the latest survey by Symbiotics.
Ascent Rift Valley Fund (ARVF), an SME focused private equity fund investor, has invested in Chims Africa, a mobile money operator in Uganda.
The Abraaj Group has invested in Tiba Group, an education service provider in Egypt, through its second generation North Africa Fund (ANAF II).
Investisseurs & Partenaires (I&P;), an impact investment group dedicated to African SMEs, has acquired a 35% equity stake in SCRIMAD Group, an agribusiness company located in Madagascar, via its I&P; Afrique Entrepreneurs Fund (IPAE).
