Actis, a growth markets investor, has announced their agreement to the sale of Compuscan, a provider of credit information and ScoreSharp, a decision analytics company, to Experian for ZAR3.72bn.
SFO Group, an independent multi-family office specialized in global real estate investment, development and asset management, alongside HC Capital Properties, have invested in Cosmos Yopougon, a shopping centre in Côte d’Ivoire.
East African focused fund manager, Catalyst Principal Partners, has closed its second fund, achieving $155m (Kes.15.5bn) of capital commitments from international and regional investors, as a successor to Catalyst Fund I, a $125m fund raised in 2009.
Convergence Partners, Nedbank and Sanari Capital have invested $3m in Snapt, a disruptive application delivery controller (ADC) company, in series A funding.
AfricInvest, a pan-African mid-cap-focused private equity firm, has announced the final close of its North African Fund, Maghreb Private Equity IV (MPEF IV).
Vantage Capital, Africa’s largest mezzanine fund manager, has provided €19m of mezzanine funding to Pétro Ivoire, a leading distributor of oil & gas products in Côte d’Ivoire.
DOB Equity has invested in Ten Senses Africa, an organic and fair-trade certified macadamia producer, processing and trading company in Kenya.
AfricInvest, a Pan-African mid-cap-focused private equity firm, has invested in Les Centaures Routiers (LCR), the largest independent transportation company in Côte d’Ivoire.
AfricInvest has partnered with Gulf Capital for the first time to provide a $51m structured loan and equity investment to iSON Xperiences (formerly Ison BPO), one of the largest outsourcing and customer service companies operating in 14 countries in Africa and India.
ECP, a Pan-African private equity investor, has announced the final close of its fourth Pan-African fund, ECP Africa Fund IV (AFIV), receiving commitments of over $640m.
With first close of its new $100m “network fund”, Capria has launched an investment cycle with a focus on partnering with and investing in fund managers in Africa that invest in early-growth businesses.
Equator Capital Partners, an impact fund manager, has announced the first investment from its new ShoreCap III fund in MFS Africa, a Pan-African fintech company, operating the largest digital payments “hub” on the continent.
Ethos Fund VII, a new large-buyout fund, has invested R700m in Channel VAS, a global provider of mobile financial services, Big Data analytics and airtime credit service.
Ethos has announced the first close and first two investments by its maiden AI fund, the first of its kind fund in South Africa focused on artificial intelligence technology.