Secha Capital Partners has announced the first close of its second fund, Secha Capital Impact, a Southern Africa early-stage operations-focused impact private equity fund.
Actis has agreed to acquire a controlling interest in Octotel, a fibre-to-the-home operator in South Africa for an enterprise value of ZAR2.3bn ($140m).
African Infrastructure Investment Managers (AIIM) through its IDEAS Managed Fund has invested in Phakwe Group to become the 90%-owner of Witkop Solar Park, a 30MW solar PV facility located in the Limpopo province, South Africa.
Mediterrania Capital Partners’ portfolio company Akdital Holding has opened a new oncology department providing diagnostic and treatment services at the Casablanca Ain Sbaâ private hospital in the Hay Mohammadi Ain Sbaâ prefecture.
Kalon Venture Partners, IDF Capital and an unnamed investor, have invested an undisclosed amount in Carscan, a South African technology startup in the automotive industry.
TLG Capital via its Credit Opportunities Fund (COF) has acquired a 49% stake in Opportunity Bank Uganda (OBU), a tier 1 commercial bank with 23 branches and 22 ATM points across Uganda.
Bpifrance and Proparco have announced the first closing of Averroès Africa, their fourth fund-of-funds (FoF) for Africa, at €55m with a target size of €100m.
Eos Capital, a Namibian private equity fund manager, has launched its third fund - the Euphrates Agriculture Fund, which aims to facilitate the industrialization of the agriculture sector, deliver social impact and provide medium term returns to investors.
Greenlight Planet, the largest provider of solar-powered home energy products in Sub-Saharan Africa and South Asia, has secured $90m in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio.
The Egyptian American Enterprise Fund (EAEF), a US government-funded private entity, has invested $50m in Lorax Capital Partners (LCP) Fund II, which has raised $142m for its first close.
Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF) has loaned $40m over 10 years in a debt package of $100m raised by the West Indian Ocean Cable Company (WIOCC).
Vantage Capital has made a $28m equity investment to acquire a significant minority shareholding in the Cliniques Internationales du Maroc Group (CIM Santé Group), one of Morocco’s leading healthcare groups.
Goodwell Investments has led a $2.1m Series A equity round in Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains.
DPI’s African Development Partners III Fund (ADP III) has been chosen as the first 2X Flagship Fund, committed to investing with a gender lens.
