The African Agriculture Fund (AAF), managed by Phatisa, has invested in the Meridian Group, a $250m (revenue) business with operations in Mozambique, Malawi, Zimbabwe, Zambia and Mauritius.
Adenia Partners, a private equity firm investing in the Indian Ocean and West Africa regions, has acquired Mauvilac, a paint, coatings and chemical products manufacturer and marketer in Mauritius.
The Dutch fund manager XSML has invested in Hydrotek SARL, based in Lubumbashi, DRC.
Synergy Private Equity Fund has announced its first close of $56.25m on September 12, 2014.
Vantage Capital, Africa’s largest independent provider of mezzanine risk capital, has provided mezzanine debt funding to support Austell Laboratories, a fast growing and 100% black-owned pharmaceuticals company in South Africa.
