AfricInvest, a Pan-African private equity platform, has partnered with Masria Digital Payment (MDP) through its Maghreb Private Equity Fund IV.
Verod Capital Management has announced the final close of Verod Capital Growth Fund III (Verod Fund III), exceeding the initial target, as well as the size of its predecessor fund, Verod Capital Growth Fund II.
The renewable energy holding managed by Swiss impact asset manager responsAbility has announced an equity investment in one of Malawi’s first solar projects.
Consonance Investment Managers, a private equity firm that invests in early-stage and growing businesses across sub-Saharan Africa, has invested an undisclosed amount in AFEX Commodities Exchange (AFEX), a market leading commodity exchange in Nigeria.
AfricInvest, a pan-African private equity platform, has announced that its Maghreb Private Equity Fund III (MPEF III) has exited from its investment in Polymedic, a generics manufacturing company headquartered in Casablanca, Morocco.
The Emerging Africa Infrastructure Fund (EAIF) has issued a $30m loan to Kenmare Resources as part of the financing of a $145m expansion at the company’s Moma Mine, on the north east coast of Mozambique.
DOB Equity, a Dutch family-backed impact investor in East Africa, has invested in Natural Extracts Industries (NEI), an integrated natural vanilla flavour manufacturer, based in Moshi, Tanzania.
Cepheus Growth Capital Partners has invested in Tabor Ceramics Products Share Company, Ethiopia’s domestic producer of ceramic products.
Proparco has launched a Call for Expressions of Interest for an investment fund dedicated to African SMEs.
Emerging Capital Partners (ECP) has agreed to partially sell its shares in Oragroup to the Social Welfare Institute – General State Pension Fund (IPS-CGRAE) of Ivory Coast.
Ethos Private Equity together with Ethos Capital have partnered with Brait SE, providing a strong platform to maximise value through the realisation of assets in Brait’s portfolio, and returning capital to shareholders in the medium term.
Mediterrania Capital Partners has invested through its MC III Fund an undisclosed amount in Akdital Holding, which operates five clinics in Greater Casablanca, Morocco, with the objective of supporting its expansion plans.
Emerging Capital Partners (ECP) has partnered with three development finance institutions, Proparco (France), Finnfund (Finland), and IFU (Denmark), to support growth and development of higher education institutions on the African continent.
The Rise Fund, a global impact investment fund managed by TPG, has invested in Pearl Dairy, the largest dairy processor in Uganda.
