The SA private equity has outperformed the FTSE/JSE All Share Total Return Index (ALSI TRI) and the FTSE/JSE Shareholder Weighted Total Return Index (SWIX TRI) over the 3-year and 5-year reporting periods analysed.
The Abraaj Group and The Public Investment Corporation have exited Libstar, a supplier of high-quality products in the consumer packaged goods industry, in $237m IPO on the Johannesburg Stock Exchange.
AfricInvest, pan-African mid-cap focused private equity firm, has finalized its agreement to invest KES5.7bn ($55m) in Britam Holdings, one of the leading financial services groups in East Africa.
EXEO Capital has invested $6.4m into Capital Fisheries, a Zambian food distributor that specialises in the cold-chain distribution of animal proteins.
The Rise Fund, a global impact investing fund managed by growth equity platform TPG Growth, has led a $47.5m Series C for Cellulant, an African digital payments provider
One Thousand & One Voices (1K1V), a private family capital fund backed exclusively by families from around the globe, has invested in Higher Ed Partners South Africa (HEPSA), a South African online education company.
Moringa, a private equity impact investment fund specialized in agroforestry projects in Sub-Saharan Africa and Latin America, has invested in Jus Délice, a Togolese company developing a juice processing factory supplied by a large network of organic producers who cultivate their fields according to organic practices.
AfricInvest and Amethis have announced a minority equity investment in CFG Bank, a pioneering investment bank which is now extending its activities to become a universal bank.
Partech’s recently launched Africa Fund has led a $3m Series A round in TradeDepot, the SaaS platform for FMCG distribution in Africa.
Orange Digital Ventures Africa, the Orange investment fund’s new initiative for Africa, has announced its first investment, helping Africa’s Talking to raise $8.6m, alongside the IFC World Bank and Social Capital.
Uqalo, a South-African private equity fund, has bought Sh404m($4m) worth of shares in Kenyan fast food chain Big Square for an undisclosed stake.
The Yield Uganda Investment Fund, managed by Pearl Capital Partners (PCP), has made its maiden investment in Uganda, committing Ushs 1.6bn ($4.31m) to Sesaco, a soy processing company.
Five major banks and funds across three continents have financed the global for-profit social enterprise d.light’s next phase of growth to empower millions more off-grid families.
Exits to private equity and other financial buyers continued to increase in 2017, to 37%, and now represent the most common exit route, as evidenced by the sixth annual PE exit study, presented by EY and the African Private Equity and Venture Capital Association (AVCA).
