XSML, the fund manager active in Central & East Africa, has invested via its African Rivers Fund (ARF), in Qualicoff, an exporter of Ugandan coffee beans.
Verod Capital Management, a West African private equity firm, has agreed to acquire a significant minority stake in Greensprings Educational Services.
Helios Investment Partners has acquired 100% of Fertilizers and Inputs Holding, which holds Louis Dreyfus Company’s (LDC) Africa-based fertilizers and inputs operations.
Long4Life, an investment holding company, has acquired Sorbet Group of companies comprising health, beauty and grooming outlets situated across South Africa and with an emerging footprint in the UK.
Milost Global has agreed to invest $300m in Ghana-based Eco Medical Village to develop a 700-bed hospital for middle and upper class populations in West Africa.
Yeelen Financial Fund, a private equity fund dedicated to the financial sector within the West African Economic and Monetary Union (WAEMU), has raised over €30m at the end of an initial closing.
Actis, an investor in growth markets, has launched Honoris United Universities, the first African private higher education network bringing together the leading tertiary education institutions in North and Southern Africa.
Investisseurs & Partenaires (I&P) has developed a consulting activity aiming to improve the business environment and develop the entrepreneurial ecosystem in Africa.
The African Rivers Fund, managed by XSML, has invested an undiclosed amount in Monishop, a supermarket in Kinshasa, DRC.
Phatisa has reached an agreement with JSE-listed Torre Industries, whereby Phatisa and Kanu management buy Torre’s remaining shareholding in Kanu Equipment.
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.
