Lucid Ventures, a venture capital company launched earlier this year, has announced its first investment by acquiring a 20% stake in Jamie Oliver's signature restaurant chain 'Jamie's Italian' in South Africa.
Conduit Capital, a South African investment holding company, has acquired the entire issued share capital in Snowball Wealth and Midbrook Lane.
Oasis Capital Ghana has reached the first close of its second fund, Oasis Africa VC Fund (OAF) at $27m, with commitments from local and international investors.
Development Partners International (DPI), an Africa-focused private equity firm with $1.1bn under management, has announced a $100m investment through its ADP II Fund in Atlantic Business International (ABI).
Steinhoff International, a South African-based international retail holding company, has agreed to acquire Tekkie Town, South Africa’s largest specialist footwear retailer, from a private equity firm Actis.
African Capital Alliance (ACA) has raised a total of approximately $570m of committed capital for its fourth private equity fund, Capital Alliance Private Equity IV (CAPE IV).
Eos Capital, a Namibian private equity fund manager that is managing the Allegrow Fund, has acquired 35% of the ordinary share capital of Fabupharm, the only pharmaceutical manufacturing plant in Namibia.
Actis has acquired a meaningful stake in Medis Group, a prominent branded generic pharmaceuticals business in Tunisia and Algeria, from AfricInvest and the founding Boujbel family.
Invenfin, the venture and growth capital division of Remgro, has acquired a 30% stake in Dynamic Commodities, a South African specialist producer and exporter of a range of frozen fruit-based delicacies.
Orios Capital, a Ghanaian venture capital firm, has announced plans to raise more than $1m to co-invest in scalable and impact-based startups in Africa.
Safaricom's Spark Venture Fund has made a strategic investment in mSurvey, a global mobile-first research platform leveraging SMS and mobile messaging technology to simplify access to credible, on-demand data from the emerging world.
Africa50, an African Development Bank (AfDB) infrastructure fund, has stepped up its effort to secure investments from foreign and local wealth funds, social security funds and banks.
African Rainbow Capital (ARC), a black owned and controlled investment company that forms part of the Patrice Motsepe stable, has invested in a 29.9% share of CMB International, the listed holding company of independent investment banking and advisory firm Bravura.
BPE Partners, an Egypt based private equity firm, has partnered with Daikin Europe, a wholly-owned subsidiary of Japan-based air conditioning equipment manufacturer Daikin Industries, to establish Daikin Airconditioning Egypt.
