Africa Capitalworks Management (ACW), a Sub-Saharan Africa-focused private equity investment company, has acquired a significant minority equity shareholding in Gaselia Industries Group, one of the largest homegrown beverages groups in West Africa.
HQ Financial Group (HQF), Singapore-based private company specializing in new material science, semiconductor and blockchain financial investments, has invested $10m in Aella, a Nigerian fintech start-up.
A.P. Moller Capital through its Africa Infrastructure Fund, Olam International (Olam) and Africa Finance Corporation (AFC) have agreed to invest in a Ports and Logistics platform in West Africa.
The I&P Afrique Entrepreneurs 2 (IPAE 2) fund, managed by Investisseurs & Partenaires, an impact investment group dedicated to small and medium-sized enterprises in Sub-Saharan Africa, has added two new companies to its portfolio.
HAVAÍC has made a R6m follow-on investment in AURA, a South African SafeTech company.
In 2019, 243 African tech start-ups raised a total of $2.02bn in equity through 250 rounds, representing a 74% growth year-on-year, according to Partech Africa.
HAVAIC has concluded an investment into Nairobi based Dukapay (trading as Tanda) in advance of a syndicated seed round of investment.
The Emerging Africa Infrastructure Fund (EAIF), a member of the Private Infrastructure Development Group (PIDG), has lent €28m to a €330m expansion of the Azito Energie gas-fired power station in Côte D’Ivoire.
Metier has received $113m in commitments and has called a first close of its second Sustainable Capital Fund, MSC II.
Janngo has unveiled Janngo Capital Startup Fund, a €60m Venture Capital fund dedicated to financing tech-enabled startup accelerating progress towards the Sustainable Development Goals (SDGs) in Africa.
African Infrastructure Investment Managers (AIIM) has acquired minority interests in gas assets in Nigeria majority-owned by Savannah Petroleum.
Dutch headquartered social impact investor Oikocredit has exited its investment in Zambian fish farm, Yalelo.
Bamboo Capital Partners, an impact investing platform, has successfully exited its indirect stake in one of the leading microfinance banks in Nigeria, Accion Microfinance Bank (Accion MfB).
Helios Investment Partners has received a Certified B Corporation (B Corp) status that recognizes the firm’s long-standing commitment to sustainability and responsible business practices
