Kibo Capital Partners (KCP) has invested in Blowplast, a producer of plastics packaging solutions in Kenya to support company’s expansion in East Africa and beyond.
The Abraaj Group has announced the acquisition of 100% of Java House Group, East Africa’s leading coffee-led casual dining chain, from Emerging Capital Partners (ECP), and the Company’s founder and chairman, Kevin Ashley.
Agri-Vie Fund I has exited from one of South Africa’s most respected value-added dairy companies, Fairfield Dairy, to a private investment trust, linked to the founding family for an undisclosed sum.
The Emerging Africa Infrastructure Fund (EAIF) has backed upgrades and expansion of two Madagascar airports by providing a €25m senior debt over a 16-year term.
EuroMena III, a private equity fund that invests in high growth local companies in the Middle East, North Africa and Sub-Saharan Africa, has acquired a minority stake in Retail Holding, a Moroccan retailer.
South African private equity capital returns to investors increased by 123.2% in 2016 to R18.3bn, up from R8.2bn the previous years, according tp the SAVCA 2017 Private Equity Industry Survey.
TIDE Africa, an international venture capital fund focused exclusively on technology enabled solutions and innovation serving Sub-Saharan Africa (SSA), has reached its first close of $40m of the $100m target.
LeapFrog Investments, a profit-with-purpose investor in emerging markets, has invested $180m in Ghanaian financial services provider, Enterprise Group.
LeapFrog Investments has acquired an undisclosed stake in Cignifi, a big data platform that aims to extend financial inclusion to one billion emerging consumers.
The African Development Bank, CDC Group, and the Dutch Good Growth Fund have jointly committed $31m to the Fund for Agricultural Finance in Nigeria (FAFIN).
The East African region is witnessing a change in momentum post 2016, where more East Africa based pension funds have begun to put money in local GPs, Eva Warigia, Executive Director of EAVCA, has said.
South African private equity firm Metier has partially exited its investment in plastic products manufacturer Astrapak and has agreed to exit Inhep Electronics Holdings (Inhep).
XSML has invested an undisclosed sum in Maison Galaxy, a retail chain based in Kinshasa, DRC, known for its Shaina and Galaxy branded stores.
The Emerging Africa Infrastructure Fund (EAIF) has provided a €6.6m financing to Melec PowerGen (Matelec Group), the owner and operator of the Tobene power station in Senegal.
