21 Nov
News > Private Equity > PE Industry News
Capital Trust Group has received the Malta Financial Services Authority (MFSA) approval for its EuroMena III fund to be regulated under the de-minimis AIFMD (Alternative Investment Fund Managers Directive), making it one of the first funds in the region to be regulated by a European governing body.
21 Nov
News > Private Equity > Deals
Ethos Private Equity has entered into an agreement to acquire Nampak’s Tissue, Corrugated and Sacks divisions for a total purchase price of around $14m (R1.575bn).
20 Nov
News > Private Equity > Exits
ADC African Development Corporation AG has sold its 38.74% stake in Resolution Health East Africa to Peter Nduati, CEO and founder of RHEAL, backed by LeapFrog Investments.
5 Nov
News > Private Equity > Deals
Actis has announced a $65m investment in Tekkie Town, South Africa’s leading independent sports and lifestyle shoe retailer.
4 Nov
News > Private Equity > Deals
Vantage Mezzanine, Africa’s leading mezzanine debt provider, has concluded a transaction with Surfline Communications to provide $30m (R330m) of expansion capital to the company together with a fund co-investor. The funds will be used for the on-going expansion of Surfline’s 4G LTE network in Ghana as well as to grow its product distribution and marketing network.
3 Nov
News > Private Equity > PE Industry News
Private equity investors are ideal partners to help fund the infrastructure gap in Africa, according to the Southern African Venture Capital and Private Equity Association (SAVCA).
3 Nov
News > Private Equity > Fundraising
Warburg Pincus has announced the closing of Warburg Pincus Energy at $4bn, surpassing its fundraising target of $3bn and reaching the fund cap agreed with investors.
3 Nov
News > Private Equity > Deals
African Capital Alliance (ACA) has invested in Filmhouse Cinemas, the fastest growing cinema chain in Nigeria and Film One, its associated film production and distribution company.
31 Oct
News > Private Equity > Deals
Vantage Capital, Africa’s leading mezzanine funder, has provided R77m ($7.06m) of funding for the acquisition of preferred equity facilities in a Pembani-owned SPV that holds 30% of the ordinary equity and PIK notes in AfriSam.
31 Oct
News > Private Equity > Deals
Fusion Capital has invested in the Kes. 2bn ($22.3m) Meru Greenwood Park in Kenya, an integrated development in the heart of Meru County.
31 Oct
News > Private Equity > Deals
TriLinc Global Impact Fund has recently approved $2.8m in two trade finance facilities to companies in South Africa.
24 Oct
News > Private Equity > PE Industry News
Kusuntu Partners has launched a service for linking up the Africa focused private equity funds and investors to Africa small and growing businesses that are looking for growth and expansion capital.
20 Oct
News > Private Equity > PE Industry News
The value of global private equity deals targeting Africa has more than doubled (137%) in the first half of 2014 compared to the same period last year, according to research by global law firm Freshfields Bruckhaus Deringer.
15 Oct
News > Private Equity > PE Industry News
Private equity and the growth of pension funds provide a massive opportunity to finance investment in Africa, industry experts have said.
