XSML through its African Rivers Fund, has invested in SOS Médecins de Nuit (MDN), a healthcare clinic based in Kinshasa, DRC.
DOB Equity, a Dutch family-backed impact investor in East Africa, has invested in Jibu Tanzania, a regional producer and distributor of clean drinking water.
Investec Africa Private Equity Fund 2 (IAPEF2) has completed a follow-on growth equity investment in its portfolio company - wiGroup, a mobile-transacting software provider.
Allianz X, the digital investment unit of the Allianz Group, has invested in SafeBoda, a major African ride hailing platform that also offers various on-demand consumer and payment services, based in Kampala, Uganda.
APQ Global, an emerging markets investment firm with a focus on Asia, Latin America, Emerging Europe, the Middle East and Africa, has acquired New Markets Media & Intelligence.
The Mergence group has acquired a controlling stake in Cadiz Corporate Solutions, with the team rebranded under the name Mergence Corporate Solutions, with a presence in Johannesburg and Cape Town.
The German Investment and Asset Management company KGAL New Frontiers (KNF) has acquired a 22% share of SunErgy AS, a Norwegian company delivering innovative solar power infrastructure in emerging markets, through a private placement.
African Rainbow Capital (ARC) has acquired a majority shareholding in QED, the largest independent actuarial advisory business in Africa, for an undisclosed amount.
CDG Capital Private Equity, a growth equity investor in Morocco, has acquired a minority interest in Group Oncorad, a private healthcare provider focused on oncology and radiology.
Britam Financial Holdings has approved an anchor investment in Tiserin Capital, Africa’s first south-south private equity fund that seeks to transform local industries by weaving partnerships between African companies and leading companies from Emerging Asia and Latin America.
Helios Investment Partners has acquired a 25% residual interest in Axxela Ltd (held through Glover Gas & Power B.V.) from Oando, Nigeria’s indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges.
Partech has led a Series A investment round into Kudi, a Nigerian digital payment and collection for the cash economy company.
Algebra Ventures, Egypt’s venture capital fund, and Ezdehar Management, an investment management firm focused on high-growth Egyptian corporates, have invested in Dsquares, the region’s leading loyalty solutions provider.
Viola Fintech, a $120m cross-stage venture fund, has led a Series A investment round of $12m for Rewire, an innovative fintech company which has developed an international banking platform for migrants in close partnership with leading banks globally.