Convergence Partners has recently acquired a significant minority stake in ESET Southern Africa, a local distributor and brand operator for leading global internet and endpoint security software vendor ESET.
Egypt-focused private equity fund manager BPE Partners has reached financial close for three solar power projects in Egypt in partnership with renewable energy developers Infinity Solar Energy and ib vogt.
SPE Capital, formerly Swicorp Private Equity, has agreed to exit its investment in Orchidia Pharmaceutical Industries, an Egyptian ophthalmic generic medicine manufacturer.
GuarantCo and InfraCo Africa have opened their first Africa office, which will cover East and Southern Africa from Nairobi, Kenya.
The African Rivers Fund, managed by XSML, has made its fourth investment in Uganda in Telcare, an operator of mobile money kiosks in Uganda.
Yellowwoods, a private investments group headquartered in Europe and active across 30 markets, and Hollard Insurance Group, have invested R20m in Naked Insurance, a new generation insuretech business in South Africa.
With an investment return of 3.3x, CDG Capital Private Equity, a private investment fund that manages family of funds focused on private equity investing in Moroccan and African SMEs, has exited from Jet Contractors through a sale on the Casablanca Stock Exchange.
Musa’s Housing platform, the Skyward Group, and its partners has invested R50m in a township called Lehae, situated in the South of Johannesburg.
TPG Growth has led a Series A-2 financing round in Gro Intelligence, the New York and Nairobi-based agricultural data analytics business used by investment professionals, major corporations, governments and international organizations around the world.
HAVAÍC, Growth Grid Venture Capital Partners and a consortium of individuals have invested R5m in Digital Cabinet.
The Carlyle Group has agreed to acquire the NOSA Group, a South African provider of occupational health and safety services, from Johannesburg Stock Exchange-listed MICROmega Holdings for approximately R750m.
Investec Asset Management Private Equity and RMB Ventures have acquired Kamoso, a Botswana-based retailer and consumer goods company.
QGIAM, the private equity arm of Africa focused investment firm Quantum Global, has sold its interest in Savannah Cement, a Kenyan cement producer, following the receipt of regulatory approvals.
Old Mutual Alternative Investments (OMAI), Africa’s largest private alternative investment manager, has acquired a 50% interest in Faircape Life Right Holdings for an undisclosed sum.
