12 Dec
News > Private Equity > Deals
SouthBridge Group, a pan-African financial advisory and investment firm and the official financial advisor of the Togolese government, has concluded two transactions with Olam International and its subsidiary Arise Special Economic Zone, in the Republic of Togo.
10 Dec
News > Private Equity > Deals
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has completed an approximately $27m equity investment into InfraCredit, a specialised local currency infrastructure credit guarantee institution based in Lagos, Nigeria.
10 Dec
News > Private Equity > Deals
Investisseurs & Partenaires (I&P), a pan-African impact investor based in Paris, through its fund I&P Afrique Entrepreneurs 2, has participated in a pre-series A investment round in StarNews, Africa’s fastest-growing mobile content platform.
9 Dec
News > Private Equity > Deals
Convergence Partners has acquired an additional $5m interest in ChannelVAS (CVAS), a fintech provider of mobile financial services across sub-Saharan Africa and beyond. Convergence Partners exercised preferential and exclusive rights to acquire the stake as a result of an intra-consortium rebalancing of the holdings of another member of the Ethos consortium through which Convergence Partners is partially invested.
9 Dec
News > Private Equity > Deals
Inside Capital has invested $3.1m in the Mauritian recyclable waste collector company WeCycle, to drive its local and regional expansion.
9 Dec
News > Private Equity > Deals
EXEO Capital has invested via its Food and Agribusiness fund, Agri-Vie Fund II, in Glacier Products – the producers of Kenya’s renowned ice-cream and chocolate brand, ‘Dairyland’.
9 Dec
News > Private Equity > Deals
Climate Fund Managers (CFM) has agreed to co-finance and co-develop a portfolio of solar-powered desalination installations, turning brackish groundwater into drinking water.
9 Dec
News > Private Equity > Deals
LCP Fund II (LCP), managed by Lorax Capital Partners, has acquired a significant minority stake in DSQ Group, one of the leading end-to-end loyalty and rewards solutions providers in the CEMEA region.
3 Dec
News > Private Equity > Deals
Edge Growth through its Coca-Cola Beverages South Africa (CCBSA) Fund has invested an undisclosed amount in Bashumi Instruments & Control Services (BICS), a South African 100% black Female owned company.
3 Dec
News > Private Equity > Deals
AfricInvest, a Pan-African mid-cap-focused private equity firm, has acquired a minority stake in Fidelity Bank Ghana.
2 Dec
News > Private Equity > Deals
A.P. Moller Capital has through the Africa Infrastructure Fund 1 has acquitred a 49% shareholding in Casablanca-based grain terminal operator Mass Céréales al Maghreb (MCM).
30 Nov
News > Private Equity > Deals
FMO through its Ventures Program has signed an €500k convertible note to ZIZ Energie (ZIZ), a privately-owned integrated power company in Chad.
24 Nov
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF) has lent $31m over 10 years to Access LNG, a provider of specialist floating LNG infrastructure, to support the construction of a new Liquid Natural Gas (LNG) storage and regasification facility at Tema port in Ghana.
24 Nov
News > Private Equity > Deals
Development Partners International (DPI)’s backed Compagnie Marocaine de Goutte à Goutte et de Pompage (CMGP) has combined with Comptoir Agricole de Souss (CAS), creating a major new player in the Moroccan and African agricultural industry.