Futuregrowth Asset Management has provided R300m ($21.72m) in funding to SA Taxi to provide financing to the company's Zebra Cabs owner-driver scheme.
TLG Capital has invested an undisclosed amount in Snapper Hill Clinic (SHC), a Liberian healthcare provider, through its Credit Opportunities Fund.
Synergy Private Equity Fund (SPEF) has invested in MSY Analytics Group (MSY), a technology driven professional services and data analytics company, focused on increasing corporate human capital productivity and organizational positioning.
Village Capital has partnered with Schooner Africa Fund to launch the Africa Investment Marketplace that will invest between $100k and $500k in early stage agritech startups in East Africa.
Capitalworks, a South African independent alternative asset management firm, has acquired a significant interest in IQ Business, an independent management consulting firm in South Africa.
Bpifrance and Proparco have announced a €75m interim closing of the Averroès Finance III fund with the addition of two new investors, Fransabank and Bank Audi.
Following the $2.2m investment put up by Proparco and I&P in August 2016, Enko Education has opened its first international school in South Africa - Enko Ferndale International School.
NBK Capital Partners has invested an undisclosed sum in Kaumeya Language Schools (KLS) in Egypt to support the school in the next phase of its growth.
The Carlyle Group, a global alternative asset manager, has agreed to acquire a majority stake in CMC Networks, a Pan-African provider of managed connectivity solutions for global telecoms providers.
The Ethos Mid Market Fund I, a black-managed, mid-market focused fund in South Africa, has raised R675m ($47.39m) at first close, Africa Global Funds can reveal.
Catalyst Principal Partners, East Africa focused private equity firm, has sold its controlling stake in Kenya’s pharmaceutical retailer Goodlife Pharmacy to LeapFrog Investments.
Hermes-Sojitz, an international direct investments fund, has sold its 60.3% stake in Sinopac, a company involved in exploration and mining of rare earth metals in Africa, for $340m.
African boutique investment and advisory firm HAVAIC, together with funding from UK-based investor Kevin Gaskell, have injected R6.5m into South African creative technology startup delvv.io.
The Emerging Africa Infrastructure Fund (EAIF) has invested $25m in a new company set up in Sierra Leone by a private sector joint venture to build a 57MW, oil-fired, power station at Freetown.
