31 Oct
News > Private Equity > Fundraising
Pan-African venture capital firm Janngo Capital, one of the very few female-founded, owned and led venture capital firms in Africa, has announced the final closing of its second fund at $78m, 20% beyond its initial target.
29 Oct
News > Private Equity > Deals
Development Partners International’s African Development Partners (ADP) III fund, has led a $110m Series C investment in Moniepoint, Africa’s fastest-growing fintech company.
24 Oct
News > Private Equity > Deals
BasiGo, a provider of electric bus solutions in sub-Saharan Africa, has announced the successful closing of a $42m in new capital.
22 Oct
News > Private Equity > Deals
Kalon Venture Partners has invested an undisclosed sum in visionAI, a leader in artificial intelligence and computer vision solutions.
21 Oct
News > Private Equity > Fundraising
The SA SME Fund, the Department of Science and Innovation (DSI), along with its entity, the Technology Innovation Agency (TIA), and impact investor E Squared Investments have launched a R300m Seed Fund of Funds aimed at providing critical early-stage capital to startups.
17 Oct
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €66m mezzanine investment in Camusat Holding, a telecommunications company.
16 Oct
News > Private Equity > Exits
The EuroMena Funds has exited two portfolio companies: a pharmaceutical firm in Algeria and a retail holding in Morocco.
14 Oct
News > Private Equity > Deals
Kineden Commodities, one of the largest Ivorian sustainable cocoa traders, has secured nearly €60m from a pool of international banks to cover part of its financing needs for the next three cocoa seasons.
9 Oct
News > Private Equity > Deals
General Atlantic, a global growth investor, has completed its acquisition of Actis, a global investor in sustainable infrastructure.
6 Oct
News > Private Equity > Deals
African Export-Import Bank (Afreximbank) has approved a $20.8m financing facility for Nigeria-based Starlink Global & Ideal to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.
25 Sep
News > Private Equity > Deals
Prosper Africa, a U.S. Presidential national security initiative aimed at strengthening the strategic and economic partnership between the U.S. and Africa, has committed $5m to ImpactA Global, a women-led Emerging Markets infrastructure debt investor.
25 Sep
News > Private Equity > Deals
AXIAN Group, through its subsidiary AXIAN Investment, has acquired a stake in WiASSUR, an insurance broker based in Côte d'Ivoire.
23 Sep
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has closed a €14m mezzanine investment in Société de Production Maraîchère Samir (SPMS) to part-fund the company’s investment programme.
19 Sep
News > Private Equity > Deals
Metier, through its Sustainable Capital International Fund II (SCII), has invested significant growth and replacement capital in Mertech Marine, the world leader in the recovery and recycling of out of service submarine telecommunications cables.