Verod delivers last exit
Verod Capital Management has completed a full exit of its ownership of Rotoprint, a flexible packaging company based in Nigeria.
Verod Capital Management has completed a full exit of its ownership of Rotoprint, a flexible packaging company based in Nigeria.
XSML through its African Rivers Fund, has invested in SOS Médecins de Nuit (MDN), a healthcare clinic based in Kinshasa, DRC.
DOB Equity, a Dutch family-backed impact investor in East Africa, has invested in Jibu Tanzania, a regional producer and distributor of clean drinking water.
Investec Africa Private Equity Fund 2 (IAPEF2) has completed a follow-on growth equity investment in its portfolio company - wiGroup, a mobile-transacting software provider.
LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m.
Allianz X, the digital investment unit of the Allianz Group, has invested in SafeBoda, a major African ride hailing platform that also offers various on-demand consumer and payment services, based in Kampala, Uganda.
APQ Global, an emerging markets investment firm with a focus on Asia, Latin America, Emerging Europe, the Middle East and Africa, has acquired New Markets Media & Intelligence.
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs in North Africa and Sub-Saharan countries, has sold a significant stake in Cash Plus, the largest independent money transfer company in Morocco, to Groupe Richbond, a Moroccan industrial and property conglomerate.
AfricInvest has announced the fourth close of FIVE, an evergreen platform for investing in financial institutions in Africa.
The Mergence group has acquired a controlling stake in Cadiz Corporate Solutions, with the team rebranded under the name Mergence Corporate Solutions, with a presence in Johannesburg and Cape Town.
Adenia Partners, a private equity fund manager focused on control investments in Sub-Saharan Africa, has exited its investment in Socolait, a dairy producer and distributor in Madagascar.
Kasada Capital Management, a Sub-Saharan hospitality investment platform, has reached a first close on its maiden fund Kasada Hospitality Fund LP with equity commitments of over $500m.
The German Investment and Asset Management company KGAL New Frontiers (KNF) has acquired a 22% share of SunErgy AS, a Norwegian company delivering innovative solar power infrastructure in emerging markets, through a private placement.
African Rainbow Capital (ARC) has acquired a majority shareholding in QED, the largest independent actuarial advisory business in Africa, for an undisclosed amount.