Actis has agreed to acquire a controlling interest in Octotel, a fibre-to-the-home operator in South Africa for an enterprise value of ZAR2.3bn ($140m).
African Infrastructure Investment Managers (AIIM) through its IDEAS Managed Fund has invested in Phakwe Group to become the 90%-owner of Witkop Solar Park, a 30MW solar PV facility located in the Limpopo province, South Africa.
Kalon Venture Partners, IDF Capital and an unnamed investor, have invested an undisclosed amount in Carscan, a South African technology startup in the automotive industry.
TLG Capital via its Credit Opportunities Fund (COF) has acquired a 49% stake in Opportunity Bank Uganda (OBU), a tier 1 commercial bank with 23 branches and 22 ATM points across Uganda.
Greenlight Planet, the largest provider of solar-powered home energy products in Sub-Saharan Africa and South Asia, has secured $90m in new funding to expand its Pay-As-You-Go (PAYG) solar consumer financing business and consolidate its debt portfolio.
Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF) has loaned $40m over 10 years in a debt package of $100m raised by the West Indian Ocean Cable Company (WIOCC).
Vantage Capital has made a $28m equity investment to acquire a significant minority shareholding in the Cliniques Internationales du Maroc Group (CIM Santé Group), one of Morocco’s leading healthcare groups.
Goodwell Investments has led a $2.1m Series A equity round in Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains.
Zebu Investment Partners through its sophomore fund, the Africa Food Security Fund, has acquired a majority equity stake in South African Ag-Tech company IQ Logistica (IQL).
Vuna Partners Fund I, a fund managed by Vuna Partners, has acquired an 80% equity stake in 4PL Group, a South African provider of logistics solutions.
Ezdehar Management, an Egypt-based private equity firm, has acquired a minority stake in Al-Tayseer Healthcare Group through Ezdehar Egypt Mid-Cap Fund.
Helios Investment Partners has launched Africa Specialty Risk Group (ASR), a reinsurance business focused on becoming the partner of choice to corporations through the provision of risk mitigating insurance solutions.
PAPE Fund 3, a mid-cap South African private equity fund, has acquired a 45% of the equity in the DDS Group of companies, an African beverage dispensing and refrigeration services provider.
Proparco and existing investors, Energy Access Ventures (EAV) and EDFI ElectriFI, have invested $10m in a Series B investment round in Solarise Africa, a Pan-African energy leasing company,
