10 Mar
News > Private Equity > Deals
Development Partners International (DPI) and CDC Group (CDC, to be renamed British International Investment), the UK’s development finance institution that will shortly be renamed British International Investment (BII), today announced that have signed an agreement for KELIX bio to acquire Pharmaceutical Institute (PHI), a Moroccan-headquartered producer and distributor of generic and therapeutic pharmaceuticals.
2 Mar
News > Private Equity > Deals
Tana Africa Capital and KITEA Group, a furniture retailer in Morocco, have acquired a majority stake in Furniture Palace, a furniture retailer in Kenya.
28 Feb
News > Private Equity > Deals
Partech has led a $4m Seed round in Morocco-headquartered transport management software provider Freterium.
28 Feb
News > Private Equity > Deals
Actis has secured an impact-linked revolving subscription credit facility for its latest energy fund, Actis Energy 5.
22 Feb
News > Private Equity > Deals
Naspers, through its R1.4bn early-stage tech investment vehicle Naspers Foundry, has made a R15m ($1m) investment in Floatpays, an on-demand earned wage access platform that helps customers build financial wellness.
22 Feb
News > Private Equity > Deals
Spear Capital has invested in FML Logistics, a Zimbabwean-registered company focused on the transportation of petroleum products in Sub-Saharan Africa.
17 Feb
News > Private Equity > Deals
HAVAÍC, Aruwa Capital Management (Aruwa) and Asian African Investment & Consulting (AA-IC) have announced a joint $3.6m pre-series A investment in CrowdForce, a Nigerian crowdsourcing platform.
10 Feb
News > Private Equity > Deals
Endure Capital and International Finance Corporation (IFC) have co-lead a $25m Series A investment round in Brimore, Egypt’s largest social commerce platform.
8 Feb
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF) has provided a $35m loan over a 15-year term to the 40MW Kesses solar generation facility to be built near Eldoret in the Rift Valley region of Kenya.
8 Feb
News > Private Equity > Deals
General Atlantic, a global growth equity investor, has led a $40m Series B funding round in Reliance Health, an emerging markets-focused digital healthcare provider.
4 Feb
News > Private Equity > Deals
Kalon Venture Partners, Launch Africa and the IDF, have made a follow-on investment of over $1m in Carscan, an AI augmented reality app.
3 Feb
News > Private Equity > Deals
Fund for Export Development in Africa (FEDA), a development impact-oriented subsidiary of African Export-Import Bank (Afreximbank), has invested in Ecow-Gas, a liquefied natural gas (LNG) distribution infrastructure platform in the West Africa region.
3 Feb
News > Private Equity > Deals
NBK Capital Partners Mezzanine Fund II has closed a $10m financing facility with Uber’s exclusive vehicle supply partner in Africa, the mobility fintech Moove.
31 Jan
News > Private Equity > Deals
DOB Equity together with Elea Foundation and A to Z Impact have invested in Kwanza Tukule, a Nairobi-based last-mile distribution business that supplies informal food vendors with staple foods to cook meals for their customers.