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 > 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 > 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 > 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
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
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
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 > Deals
Gulf Capital, an alternative asset manager in the Middle East, has invested $25m in Amak Group, a provider of integrated petroleum services for the onshore and offshore sectors in Egypt.
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.
15 Oct
News > Private Equity > Fundraising
The AfricInvest Group has first closed its multi-sector private equity fund AfricInvest Fund III with a size exceeding €154m ($194.83m) in capital commitments.
11 Oct
News > Private Equity > Deals
Acumen, a non-profit global venture fund, together with Novastar Ventures, have announced a €2m ($2.5m) equity investment in SolarNow, an Uganda-based company that sells modular high quality solar home systems to rural populations across the country.
8 Oct
News > Private Equity > Deals
The Abraaj Group has acquired a majority stake in Liberty Star Consumer Holdings, one of the largest unlisted food and personal care manufacturers in South Africa, for an undisclosed sum.
