AXA Group through AXA’s Real Estate division, has taken a 18.6% stake in the Eranove Group, a West African utility company with operations in power generation, transmission and distribution, from the Bouygues Group.
Kukula Capital, a Zambian venture capital investor, and eVentures Africa Fund (eVA), a Dutch venture capital fund specializing in E-commerce in Africa, have invested $500,000 in Dot Com Zambia, a growing e-commerce company.
Helios Investment Partners has repaid in full a $50m loan to the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.
The West African private equity fund manager Cauris Management has confirmed the sale of its stake in Eau Technologie Environnement (ETE) to the Moroccan company Les Eaux Minérales d’Oulmès (LEMO), delivering 3.4x returns on the fund’s initial investment.
Quantum Global’s alternative investments arm has recently joined the Forest Stewardship Council International (FSC International).
Actis, a pan-emerging market private equity investor with $7,6bn assets under management, has acquired a significant minority stake in Coricraft Group, one of South Africa’s leading home furnishings retailers.
African Infrastructure Investment Managers (AIIM), an infrastructure equity investment manager, has announced its industrial partnership with Hydroneo Afrique, a wholly-owned subsidiary of MECAMIDI, a global manufacturer and developer of small and medium hydro power plant equipment.
The Abraaj Group has announced the final close of its second dedicated North Africa private equity Fund at $375m.
A growing consumer middle-class, powered by rapid urbanisation and shifting demographic trends is driving both property demand and growth opportunities in the real estate industry across the African continent, according to Standard Bank.
A consortium of investors led by Amethis Finance have extended a convertible loan to Elephant Africa Holding, the holding entity of Bel Papyrus and Bel Impex, producers of tissue paper products in Nigeria.
Synergy Private Equity Fund (SPEF) has invested in Viathan Engineering, a developer of captive and embedded power solutions in Nigeria.
Vantage Capital, Africa’s largest mezzanine fund manager, has provided R356m ($27.7m) of funding to over 30 Servest managers.
TriLinc Global Impact Fund has provided $16.6m in term loan and trade finance transactions to small and medium enterprises (SMEs) in South Africa, Zambia, Namibia, and Nigeria.
Investec Asset Management has announced the final close of the Investec Africa Credit Opportunities Fund 1 at $226.5m, below its initial target of $350m.
