RMB Holdings (RMH) has acquired a 34% stake in urban renewal property company, Propertuity Development Company, a South African urban renewal group.
Angola Capital Investments (ACI), an international investment firm headquartered in Angola, has announced a major investment through one of their major holding companies Bluoshen, in Hotel Casa Rosa.
Development Partners International (DPI), a $1.1bn Africa-focused private equity firm, has committed around 36% of its second private equity fund, ADP II, according to Runa Alam, CEO and co-founder.
The Private Equity team at Nedbank Corporate and Investment Banking (CIB) has become a 25% shareholder in Comsol Networks, alongside existing shareholders Convergence Partners and the management team of Comsol.
Vantage Capital, Africa’s largest mezzanine fund manager, has disbursed the second and final tranche of a R250m ($17m) expansion capital facility to Vumatel.
Alitheia Identity Managers (AIM) has partnered with Capria Ventures, a global impact investment firm that works with local fund managers to accelerate the flow of capital in emerging markets.
Fusion Capital has launched a Sh2.3bn offer for the first Development Real Estate Investment Trust (D-REIT) on the Nairobi Securities Exchange (NSE), to finance and complete the development of Greenwood City.
Lekela Power, a joint venture between Actis and global renewable energy developer Mainstream Renewable Power, has acquired co-development rights and sole rights to invest in the 158 MW Taiba Ndiaye Wind Project in Senegal.
Phatisa has invested in Torre Equipment Africa (TEA), a pan-African equipment distributor with operations in Côte d’Ivoire, Ghana, Liberia, Sierra Leone, Cameroon and Botswana, among others.
Injaro Agricultural Capital Holdings (IACH), through its Ghanaian subsidiary Injaro Agricultural Venture Capital (IAVC), has invested in Gold Coast Fruits (GCF), a Ghanaian pineapple exporter based in Accra.
Yellowwoods Capital Holdings has acquired a significant shareholding in DataProphet, a Cape Town-based machine learning startup.
PEG, an off-grid solar company in Ghana, has closed a $4.3m A-2 round, led by Energy Access Ventures, that also includes Blue Haven Initiative, as well as follow-on investment from existing investors, Investisseurs & Partenaires (I&P) and Engie Rassembleurs d’Energies.
Denham Capital, a global energy-focused private equity firm, and GreenWish Partners, a renewable energy investment company dedicated to sub-Saharan Africa, have partnered to develop, build and finance a portfolio of 600 megawatts (MW) of renewable energy assets across sub-Saharan Africa by 2020.
InfraMed, a €385m long-term investment vehicle dedicated to infrastructure, has agreed to acquire a 21% stake in ‘Broadband for Africa’, the venture set up by Eutelsat Communications to provide satellite broadband services on the African continent.
