Wendel, one of Europe's leading listed investment firms, has disposed its stake in Saham Group’s holding for $155m.
A.P. Moller Capital’s Africa Infrastructure Fund has reached its second close with total commitments reaching $865m.
Goodwell Investments has agreed to a follow-on investment in Musoni Services to support its fast client growth.
Phatisa has partially exited its investment in Kanu Equipment, a pan-African distributor of capital equipment, to Adenia Partners, generating an IRR in excess of 50%.
Grit has announced its first foray into Ghana by acquiring 5th Avenue Corporate Offices in Accra for $20.5m from Greenline Development, a regional real estate developer.
African Infrastructure Investment Managers (AIIM) has invested through its African Infrastructure Investment Fund 3 (AIIF3) in Starsight Power Utility, as part of a $30m equity round.
DOB Equity, a Dutch family-backed impact investor, has opened an office in Westlands, Nairobi, where leading investors and business representatives gathered to discuss entrepreneurship in East Africa.
Denham Capital, a global energy-focused private equity firm, acting through its International Power Fund, has established its new Africa Power Investment Platform, in partnership with Themis.
The South African private equity industry delivered a 10-year (in Rand terms) internal rate of return of 12.9% at September 2017, according to the latest Q3 2017 RisCura-SAVCA South African Private Equity Performance Report.
Swicorp and Wamda have led a financing round in Mumzworld, one of the Middle East and North Africa (MENA) e-commerce players dedicated to mothers, babies and children.
Ethos Mid Market Fund I has acquire a 31% equity stake in South African-based corporate Internet Service Provider, Echo. Arshad Essa, Ethos partner, said: “We are investing behind Echo’s market penetration drive into South Africa, where the business already provides best-of-breed network solutions to an increasingly diversified client base.”
Goodwell Investments has acquired a minority equity stake in Oradian, one of the world’s fastest growing providers of digital solutions for financial institutions in frontier markets.
Investec Asset Management, through its Africa Private Equity capability, has recently concluded a further equity investment in Mobisol, following the initial investment made in late 2016.
Amethis has acquired a significant minority stake in Groupe Premium, an industrial equipment distributor in Morocco and now present in West Africa, to support the firm’s African expansion.
