South African private equity returns continue to edge higher, maintaining outperformance relative to the listed equity market, the latest RisCura-SAVCA South African Private Equity Performance Report has revealed.
Africa is open for business and there are a number of opportunities in the energy space, Rentia van Tonder, Head: Renewable Energy, Power and Infrastructure at Standard Bank South Africa, has said.
Investisseurs & Partenaires (I&P;), an impact investment group dedicated to African SMEs, has announced the first closing of IPDEV2, the first incubator and sponsor of African impact funds.
Intaj Capital II has agreed to invest over $12m (MAD 125m) in Moroccan firm Venezia Ice, an operator in the field of production and distribution of artisan gelato and pastry.
Goodwell Investments, an impact investment firm, has invested an undisclosed amount in South African-based enterprise payments platform provider, Nomanini.
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.
Sun European Partners has said that one of its affiliates has agreed to acquire Finlays Horticulture Investments and Finlays Horticulture Holdings and its subsidiary companies from James Finlay (Finlays). The business will be acquired for an undisclosed value.
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.
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.
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.
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.
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.
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.
