16 Feb
News > Private Equity > Fundraising
The ARM-Harith Infrastructure Fund (ARMHIF) has raised $91m at the first close from AfDB and a number of Nigerian pension funds, according to ARM-Harith Infrastructure Investment, a joint venture between Asset & Resource Management Company (ARM) and Harith General Partners of South Africa.
13 Feb
News > Private Equity > PE Industry News
Private equity and venture capital fundraising in 2014 increased year-over-year in Sub-Saharan Africa, according to EMPEA, the global industry association for private capital in emerging markets.
12 Feb
News > Private Equity > Deals
Nedbank Capital, the investment banking business of the Nedbank Group, has concluded a private equity transaction for a 32,9% stake in the GloCell Group.
11 Feb
News > Private Equity > Deals
The Ascent Rift Valley Fund (ARVF), managed by Ascent Capital Africa, has made its inaugural investment in Medpharm Holdings Africa, a leading medical diagnostic laboratory with operations in Ethiopia and expansion ambitions in the Greater East Africa region.
2 Feb
News > Private Equity > Deals
One Thousand & One Voices (1K1V), a private family capital fund focused on Sub-Saharan Africa, has made its first investment in the South African agribusiness sector via its $300m One Thousand & One Voices Africa Fund I.
28 Jan
News > Private Equity > Deals
The African Agriculture Fund (AAF), managed by Phatisa, has invested in General Plastics, a manufacturer of packaging products servicing food, beverage and agro-chemical sectors in Kenya and the broader East Africa region.
27 Jan
News > Private Equity > Exits
AfricInvest, The Abraaj Group and Swedfund, will sell their 37.3% collective stake in UAP Holdings to Old Mutual Holdings, a wholly-owned subsidiary of Old Mutual, for KES 14.2bn ($155.5m).
26 Jan
News > Private Equity > Fundraising
STANLIB, a South African multi-specialist investment company, has reached a final close of its first private equity infrastructure fund, raising R1.2bn ($104.8m) in total commitments.
21 Jan
News > Private Equity > Deals
Ethos Private Equity has invested an undisclosed amount into AutoZone, the largest and fast growing, privately-owned automotive parts aftermarket retailer and wholesaler in Southern Africa.
15 Jan
News > Private Equity > PE Industry News
Investments into South African private equity funds delivered an annualized rate of return of 18.5%, net of fees, over the ten years to September 2014, according to the RisCura-SAVCA South African Private Equity Performance Report.
12 Jan
News > Private Equity > Fundraising
Helios Investment Partners, a pan-African private investment firm, has raised over $1bn for its third Africa-focused fund.
11 Jan
News > Private Equity > Fundraising
The Moringa SICAR, an agroforestry sector investment vehicle, is aiming to achieve a final close in February 2015, according to Clément Chenost, Technical Director at the Moringa Partnership, the investment advisor of the fund.
5 Jan
News > Private Equity > Exits
The Abraaj Group has exited its investment in Moulin d’Or, a leading producer of baked goods in Tunisia, through one of its Funds.
5 Jan
News > Private Equity > Deals
Advanced Finance and Investment Group (AFIG Funds), manager of the Atlantic Coast Regional Fund, will invest up to $14m in Nigerian-German Chemicals (NGC), a Nigerian producer and distributor of pharmaceutical products and bottled beverages.
