AgDevCo, a social impact agribusiness investor, has announced a $450,000 debt investment into Talian Company, an Ugandan milling business.
Index Ventures, with participation from Balderton Capital and AlphaCode, have invested R532m in a Series C equity round in Prodigy Finance, an international fintech platform.
Arise, an investment company that was formed by a partnership between Norfund, FMO and Rabobank, has taken over 69.14 million shares of Norfund and FMO in NMBZ.
EMR Capital, an Australian private equity firm, has announced plans to acquire Vale and African Rainbow Minerals’ (ARM) stake in the Lubambe copper mine in Zambia.
Novastar has led a Series A financing round in iProcure, the largest agricultural supply chain platform in rural Africa, connecting smallholder farmers with the high quality agricultural inputs.
Kalon Venture Partners, formerly Grotech, and Smollan Group SA have acquired a minority stake in South Africa’s fastest growing shopping community, SnapnSave.
Enko Capital Managers has completed an investment to provide expansion capital to AMI Logistics, a Dubai-headquartered logistics business, with significant operations in East and Southern Africa.
The Pan African Infrastructure Development Fund 2 (PAIDF2) managed by Harith General Partners has invested in Sheltam Mauritius through a share subscription for 30% of the total equity in Sheltam for an undisclosed sum.
The PRI has launched guidance on the incorporation of ESG provisions in private equity fund terms, the result of a year-long consultation with PRI signatories, expert counsel and industry associations.
Grotech, a Section 12J Venture Capital company in South Africa, has rebranded as Kalon Venture Partners.
Mesa Fund 1, a global opportunity fund that is managed by Milost Global, has partnered with TC’s Energy Limited on a Ghanaian energy project.
Vakayi Capital, a venture capital firm that is the country’s only small and medium enterprise (SME) focused impact investor, alongside Capria Ventures and Lendahand has committed to invest about $375,000 to Homelux Property Development.
Milost Global, an American private equity firm headquartered in New York, has announced the formation of a subsidiary company in Africa, Milost Bank Africa Limited (MBAL).
TA Associates, one of the largest and most experienced global growth private equity firms, has backed Inspired, a leading group of premium schools in Europe, Africa, Latin America and Australia.
