27 Aug
News > Private Equity > Deals
EFG Hermes (through its NBFI arm EFG Hermes Finance Holding) and GB Auto (through its NBFI arm GB Capital) have acquired a 75% stake in Tokio Marine Egypt Family Takaful, in a deal worth EGP 84.75 million.
25 Aug
News > Private Equity > Deals
DOB Equity, a Dutch family-backed impact investor in East Africa, has made a further investment in Tanga Fresh, a dairy processor in Tanzania.
25 Aug
News > Private Equity > Deals
Sanari Capital, backed by 27four, has invested R25m in LightWare LiDAR, a South African company supplying world-class microLiDAR sensor technology to global companies.
25 Aug
News > Private Equity > Deals
Clean Energy Ventures and Breakthrough Energy Ventures, alongside Goodwell Investments, in partnership with Alitheia Capital, Total Energy Ventures, and other notable investors, have invested $12m in a Series A round in SparkMeter, a provider of grid management services, equipment, and software solutions.
20 Aug
News > Private Equity > Deals
Verod Capital Management has acquired 100% of AXA Mansard Pensions, a licensed pension fund administrator that offers retirement savings accounts and pension fund administration services to both private and public sector employees in Nigeria.
23 Jul
News > Private Equity > Deals
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed an agreement with Joule Africa to provide $6m of funding to the 143MW Bumbuna Hydro II initiative in Sierra Leone.
22 Jul
News > Private Equity > Deals
Vantage Capital, Africa’s largest mezzanine fund manager, has provided R82m of mezzanine funding for the development of Kayalane Heights, a first-of-its-kind affordable housing development located in Lebowakgomo, Limpopo.
17 Jul
News > Private Equity > Deals
FirstRand’s Vumela Fund, managed by SME Venture Fund Manager Edge Growth, has invested $1m in an animation, gaming and AR/VR company Sea Monster.
15 Jul
News > Private Equity > Deals
Futuregrowth via its Development Equity Fund has invested in SweepSouth, a disruptive online platform for booking, managing and paying for home cleaning, and now a variety of other services.
14 Jul
News > Private Equity > Deals
Novastar Ventures, AXA Investment Managers (through the AXA Impact Fund: Climate & Biodiversity), FMO and Mirova’s Land Degradation Neutrality Fund, have invested $28m in a Series B round in Kenya-based tech-enabled sustainable forestry company Komaza.
13 Jul
News > Private Equity > Deals
LeapFrog Strategic Africa Investments (LSAI) has agreed to acquire a 24% stake in ICEA LION Insurance Holdings (ICEA LION Holdings).
8 Jul
News > Private Equity > Deals
The Emerging Africa Infrastructure Fund (EAIF), Private Infrastructure Development Group (PIDG) company, has agreed to invest up to XOF*29.5bn (circa $50m) in a bond issue that aims to raise XOF100bn ($170m) for investment in the Senegal business of Sonatel S.A, a West African telecommunications company.
6 Jul
News > Private Equity > Deals
Norsad Finance, an impact investor providing structured financing solutions to mid-market growth companies in Southern Africa, has provided a R150m medium-term facility to Grobank, a South African specialised commercial agricultural bank.
25 Jun
News > Private Equity > Deals
Inside Equity Fund has committed to invest $2.75m in Alpha to finance the doubling of its waste collection and processing capacity in Zambia.