DEG, one of the largest European development financiers, has invested ZAR100m in Retailability, a Southern African retail chain, which targets customers in the low to middle income bracket.
Actis, a growth markets investor, has reached final closing on its fourth energy fund Actis Energy 4 (AE4) with commitments hitting a hardcap at $2.75bn.
TA Associates, a global growth private equity firm, has acquired a minority equity interest in Interswitch, an Africa-focused integrated digital payments and commerce company.
Mediterrania Capital Partners, a private equity firm focusing on growth investments for companies in North African and Sub-Saharan countries, has announced plans to raise €250m for its third fund, Mediterrania Capital III (MC III).
Apis Growth Fund I, a private equity fund managed by Apis Partners, has acquired a non-controlling minority stake in Trans-Fast Remittance, a global payments company.
Apis Partners, a private equity asset manager focused on financial services in the growth markets of Africa and South Asia, has announced the final close of Apis Growth Fund I.
IVP alongside Ribbit Capital and others have injected more than $30m in Series B financing round in Tala, a mobile technology and data science company.
FWA Financial, a private diversified African investment company, has acquired 90% of total issued share capital in Imara, a Botswana listed asset management and advisory group.
Cupric Canyon Capital's wholly owned subsidiary, Khoemacau Copper Mining (KCM), has entered into a $50m term loan facility agreement with Red Kite Mine Finance to provide funding for Khoemacau copper-silver project in Botswana.
Medu Capital, a private equity company focused on established medium sized owner-managed businesses, has acquired a 15% stake in Hero Telecoms (HeroTel) at an enterprise value of R495m.
Trustco Group Holdings has secured N$1bn in capital over the last six months through various funders, with the latest being a financing facility of up to N$540m ($40m) in December 2016 with Helios Credit Partners.
Development Partners International (DPI) has become a signatory of the United Nations Principles for Responsible Investment (UNPRI), the world's leading advocate of responsible investment.
The shareholders of the Sindila hydropower project have announced that the 5.25MW run of river project achieved financial close on January 30, 2017 and has commenced construction.
Capitalworks, an independent alternative asset management firm based in South Africa, has agreed to acquire Aon’s shareholding in its African insurance brokerage and employee benefit operations in a number of countries.
