24 Nov
News > Private Equity > Deals
Edge Growth, through the Engen Convoy Fund, an Enterprise and Supplier Development Fund to promote broad-based black economic empowerment (B-BBEE), has invested in DKN Transport, a level 1 B-BBEE contributor with a 30% black female shareholding.
24 Nov
News > Private Equity > Deals
Fundi, an education finance and education fund management solution specialist, has acquired EduOne, a South African education technology company.
21 Nov
News > Private Equity > Deals
Amethis, through its newly launched fund, Amethis MENA Fund II (AMF2), has completed its second transaction, acquiring a minority stake in Tarjama.
18 Nov
News > Private Equity > Deals
EFG Hermes Holding has finalized its acquisition of a 51% stake in the Arab Investment Bank (aiBANK), marking a strategic entry into the fast-growing and solid Egyptian commercial banking sector.
18 Nov
News > Private Equity > Deals
Aruwa Capital Management, an early-stage growth equity and gender lens fund, has invested in Pngme, a Nigerian financial technology company.
12 Nov
News > Private Equity > Deals
Nurture Foods, EXEO Capital’s new food sector investment vehicle, has recently made its first investment in the Fairview Cheese Company, a South African cheese producer.
10 Nov
News > Private Equity > Deals
AfricInvest FIVE has co-led a $100m Series C financing round with existing investors Goodwell Investments and LUN Partners Group in MFS Africa, Africa’s largest digital payments network.
10 Nov
News > Private Equity > Deals
Ata Capital has completed a management buyout (MBO) of Respiratory Care Africa (RCA), a medical devices supplier, from South African healthcare group Ascendis Health.
3 Nov
News > Private Equity > Deals
Vostok New Ventures (VNV) and Endure Capital have co-led a $26m Series A investment round in Breadfast, Egypt’s grocery delivery platform.
15 Oct
News > Private Equity > Deals
UK-based LocalGlobe has led a $1.4m seed round into Eden Life, Africa’s first home services app for scheduling food, laundry and cleaning services.
15 Oct
News > Private Equity > Deals
Inspired Evolution via its Evolution II Fund has led a $15m financing round in d.light, a leading innovator of solar, lighting and sustainable products.
14 Oct
News > Private Equity > Deals
Leadway Assurance, Trium Networks and a number of Nigerian HNIs have participated in an oversubscribed seed round of $3.1m (N1.3bn) into Sparkle, a mobile-first digital bank that provides financial, lifestyle and business support services to Nigerians across the globe.
13 Oct
News > Private Equity > Deals
Adenia Partners has acquired a majority stake in Altilands, the parent company of Red Lands Roses, a grower of premium fresh-cut roses in Kenya.
12 Oct
News > Private Equity > Deals
Egypt-based Fawry and wider consortium of Western venture capital firms have invested $5m in alsoug, the largest digital classifieds and marketplace in Sudan.