4 May
News > Private Equity > Exits
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.
29 Apr
News > Private Equity > Fundraising
AfricInvest has announced the fourth close of FIVE, an evergreen platform for investing in financial institutions in Africa.
29 Apr
News > Private Equity > Deals
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.
28 Apr
News > Private Equity > Exits
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.
28 Apr
News > Private Equity > Fundraising
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.
26 Apr
News > Private Equity > Deals
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.
25 Apr
News > Private Equity > Deals
African Rainbow Capital (ARC) has acquired a majority shareholding in QED, the largest independent actuarial advisory business in Africa, for an undisclosed amount.
24 Apr
News > Private Equity > Deals
CDG Capital Private Equity, a growth equity investor in Morocco, has acquired a minority interest in Group Oncorad, a private healthcare provider focused on oncology and radiology.
23 Apr
News > Private Equity > Exits
Phatisa, an African development and private equity fund manager, has reached an agreement with Ma’aden on the sale of its controlling shareholding in Meridian Group (Meridian).
22 Apr
News > Private Equity > Fundraising
Acumen, a non-profit organisation that invests philanthropic capital in companies and leaders tackling poverty, has announced an approximately $70m close of the for-profit fund, KawiSafi Ventures.
17 Apr
News > Private Equity > Exits
Vantage Capital, Africa’s largest mezzanine debt fund manager, has fully exited its investment in Thebe Timrite, a black-controlled supplier of mining support products and services in South Africa.
17 Apr
News > Private Equity > PE Industry News
BlueOrchard Finance has become among the first signatories to the Operating Principles for Impact Management, a market standard for impact investing initiated by the International Finance Corporation (IFC), a member of the World Bank Group.
17 Apr
News > Private Equity > Fundraising
PAPE Fund Managers has raised a further R150m from the 27four Black Business Growth Fund (27four BBGF) for its first institutional backed private equity fund – PAPE Fund 3, taking its total committed capital to R680m.
14 Apr
News > Private Equity > Deals
Britam Financial Holdings has approved an anchor investment in Tiserin Capital, Africa’s first south-south private equity fund that seeks to transform local industries by weaving partnerships between African companies and leading companies from Emerging Asia and Latin America.
