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.
South Africa’s agriculture sector has emerged as a viable asset class amidst the low interest rate environment, according to Old Mutual Investment Group’s Director of Strategic Projects, Craig Chambers.
Investec Asset Management has acquired a significant shareholding in wiGroup, South Africa’s platform provider specializing in point-of-sale integrated mobile transacting, for an undisclosed sum.
Momentum Global Investment Management, in conjunction with sister company Eris Property Group, has successfully completed the second close of the Momentum Africa Real Estate Fund.
Convergence Partners Communications Infrastructure Fund (CPCIF) has made its first West African equity investment, acquiring $20m minority stake in Venture Garden Nigeria (VGN), a diversified fintech company with significant operations in Nigeria.
Apis Partners, a London-based private equity firm, has reached a first close of over $157m on its debut fund focused on financial technology startups in Africa and South Asia.
Investec Asset Management has made a follow-on private equity investment in IHS Towers, the largest African mobile telecommunications infrastructure provider.
Regional and Pan-African private equity firms continue to invest in North Africa despite the recent economic and political events that have occurred in the region, according to Ponmile Osibo, Research Analyst at African Private Equity and Venture Capital Association (AVCA).
The development of an Islamic finance industry in Africa could help plug the region's large infrastructure gaps over the coming decade, according to a new report by Standard & Poor's Ratings Services.
East Africa is quite active and growing impact investment market, according to Abhilash Mudaliar, Research Manager at Global Impact Investing Network (GIIN).
Investec Asset Management has recently invested in Intelligent Debt Management, South Africa’s leading and largest consumer debt management company, via its Africa Frontier Private Equity Fund.
KfW, the German Development Bank on behalf of the German Ministry of Economic Cooperation and Development, along with AgDevCo and Root Capital, have launched an investment holding company, the Lending for African Farming Company (LAFCo).
