Helios and GBfoods create Africa's FMCG business
Helios Investment Partners has partnered with GBfoods, a multinational food company headquartered in Barcelona, to create one of Africa’s largest fast moving consumer goods (FMCG) businesses.
Helios Investment Partners has partnered with GBfoods, a multinational food company headquartered in Barcelona, to create one of Africa’s largest fast moving consumer goods (FMCG) businesses.
The number of exits achieved by private equity firms in Africa is trending upwards, evidenced by a record number of exits in 2016.
Ethos Fund VI has acquired a majority shareholding in Little Green Beverages (LGB), a South African carbonated drinks business, in partnership with management and Nedbank Private Equity.
Village Capital, a global venture capital firm that discovers, develops, and invests in entrepreneurs solving real-world problems, has announced a $100k investment in two African financial inclusion-focused startups.
BHR Newwood, an affiliate of BHR Partners, a Chinese private equity firm, has acquired an indirect interest in TF Holdings from Lundin Mining Corporation for $1.136bn in cash.
Investec Asset Management has exited from its mezzanine investment in SA Taxi, the first financial services provider to focus solely on the taxi industry in South Africa.
Oasis Capital Ghana has invested an undisclosed amount in Everpure Holdings, a water bottling company operating in Ghana.
Factor(e) Ventures, Put Your Money Where Your Meaning Is Community (PYMWYMIC), the Doen Foundation, Energy Access Ventures, and the Montpelier Foundation have backed Inspirafarms.
Quantum Global’s Mezzanine Fund has invested in a new joint venture with Tomé International and Independent Power Corporation (IPC) to develop power assets in sub-Saharan Africa.
Catalyst Principal Partners has acquired a significant minority interest in Kensta Group, a compilation of companies bringing together a diverse range of print and digital mediums.
In Africa, M&A activity has dropped since the last quarter results, but there are still massive opportunities for M&A investment on the continent, according to Baker McKenzie.
Actis has sold its remaining 7.5% stake in Edita Food Industries (Edita) to 42 blue-chip international investors from the USA, UK, Germany, South Africa, and the UAE.
Synergy Private Equity Fund (SPEF) has invested an undisclosed amount in Northstar Finance Services, a financial services platform providing solutions across the financial service value chain in select countries across West Africa.
As Environmental Social and Governance (ESG) factors gain prominence in the international investment community, sustainable investing has also improved in Africa, according to a new research.